China-Africa and an Economic Transformation

by Arkebe Oqubay, Justin Yifu Lin

Overview

This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations.

This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations.

Africa's recent progress in economic growth has been uneven across countries, and has not translated into structural transformation. Although economic ties between China and Africa have made a positive contribution this engagement has been uneven, shaped by variations in strategic approach, policy ownership, and implementation capacity among African governments. As China undergoes major economic rebalancing to upgrade to an innovation-driven economy, this is bound to affect China-Africa relations, offering both opportunities and challenges.

Authored by leading scholars on Africa, China, and China-Africa relations, this volume brings together stimulating and thought-provoking perspectives, and insightful analyses. Focusing on Africa's economic development, it looks at core areas of structural transformation: productive investment and industrialization, international trade, infrastructure development, and financing. China-Africa relations are considered in the context of the global division of labour and power, and through the history and contexts of both China and Africa, a very diverse continent. This volume seeks to fill the gap in the existing literature, steer policy and scholarly debate on the progress and trajectory of China-Africa cooperation, and analyze China's development path as a source of learning for Africa.

Product Details

ISBN-13:	9780198830504
Publisher:	Oxford University Press
Publication date:	06/15/2019
Pages:	368
Product dimensions:	9.30(w) x 6.00(h) x 1.10(d)

About the Author

Arkebe Oqubay, Minister and Coordinator of Economic Sectors and Senior Adviser to the Prime Minister of Ethiopia,Justin Yifu Lin, Dean, Institute of New Structural Economics, and Professor and Honorary Dean, National School of Development, Peking University, China

Arkebe Oqubay is a Senior Minister and Special Adviser to the Prime Minister of Ethiopia and has been at the centre of policymaking for over twenty-five years. He is a research associate at the Centre of African Studies in the University of London, and holds a PhD in development studies from SOAS, University of London. He is the former mayor of Addis Ababa and winner of the ABN Best African Mayor of 2006, and finalist for the World Mayor Award 2006. He is a recipient of the Order of the Rising Sun, Gold and Silver Star and serves as board chair of several leading public organizations and international advisory boards. His work includes Made in Africa: Industrial Policy in Ethiopia (OUP, 2015); African Economic Development: Evidence, Theory, and Policy (OUP, 2019); and China-Africa and an Economic Transformation (2019, OUP). He was recognized as one of the 100 Most Influential Africans of 2016, and a 'leading thinker on Africa's strategic development' by the New African.

Justin Yifu Lin is Dean of the Institute of New Structural Economics and Institute of South-South Cooperation and Development, and Professor and Honorary Dean of the National School of Development at Peking University. He was the Senior Vice President and Chief Economist at the World Bank, 2008-12. He is a councillor of the State Council and a Member of the Standing Committee, Chinese People's Political Consultation Conference, and is the author of more than twenty books including Beating the Odds: Jump-starting Developing Countries; Going Beyond Aid: Development Cooperation for Structural Transformation; The Quest for Prosperity: How Developing Economies Can Take Off; New Structural Economics: A Framework for Rethinking Development and Policy; Against the Consensus: Reflections on the Great Recession; and Demystifying the Chinese Economy.

Table of Contents

Part I: China's Rise and the Changing Global Development Discourse1. Introduction to China-Africa and an Economic Transformation, Justin Yifu Lin and Arkebe Oqubay2. China's Economic Emergence and Implications for Africa, Linda Yueh3. The Meanings and Global Externalities of China's Economic Emergence, Celestin MongaPart II: Evolving China-Africa Relations: Context, Perspectives, and Framework4. China-Africa ties in Historical Context, David H. Shinn5. Evolving Debates and Outlooks on China-Africa Economic Ties, Chris Alden6. The Institutional Framework of Sino-African Relations, Ian Taylor7. Chinese Loans and African Structural Transformation, Deborah Brautigam8. China's Development Finance and African Infrastructure Development, Richard Carey and Jing GuPart III: The Dynamics of China-Africa Economic Ties9. The Changing Dynamics of Chinese Oil and Gas Engagements in Africa, Cyril Obi10. The Political Economy of China's Investment in Nigeria: Prometheus or Leviathan?, Omolade Adunbi and Howard Stein11. Agreements and Dispute Settlement in China-Africa Economic Ties, Won L. Kidane12. Labour Regimes and Workplace Encounters Between China and Africa, Carlos OyaPart IV: China and Africa's Economic Transformation13. China's Light Manufacturing and Africa's Industrialization, Justin Yifu Lin and Jiajun Xu14. Catalyzing China-Africa Ties for Africa's Structural Transformation: Lessons from Ethiopia, Fantu Cheru and Arkebe Oqubay15. The Future of China-Africa Economic Ties: New Trajectory and Possibilities, Justin Yifu Lin and Arkebe Oqubay

Editorial Reviews

"This edited volume is a welcome addition to the rapidly growing academic literature on Sino-African relations." — Rhys Jenkins, School of International Development, University of East Anglia

"This book's accessible up-to-date assessment on the evolving trade and investment relations between China and Africa is a welcome contribution to a field that is under-studied. The asymmetry in Africa-China relations is recognised and honestly addressed, including insights into governance arrangements. Lin and Oqubay's book is academically rigorous, and also offers immensely practical guidance to Chinese and African stakeholders on how to build this partnership going forward" — Dr Miriam Altman, PhD, Commissioner in the South African National Planning Commission

"This is an extremely important volume. In the chatter on China and Africa, the Chinese and Africans are the very ones often left out. The editors themselves represent a departure from "being spoken to" by a Western world with its own distinct interests. They have assembled a set of chapters of deep insights into collaboration in specific countries and which speak to a complex situation that indicates a changed world because of China and Africa." — Stephen Chan OBE, Professor of World Politics, SOAS University of London

"This book comes at a critical moment in China-Africa relations, as both sides explore ways to reach their partnership potential. The 2018 FOCAC Beijing Summit launched an ambitious cooperation agenda in support of Africa's development, as encapsulated in Agenda 2063. We also agreed to advance shared priorities on the global stage. The African Union is committed to working with China on our joint objectives towards "building an even stronger community with a shared future". As we move forward, this book, which brings together various intellectual contributions, is a useful resource that captures the concrete achievements of this partnership and highlights the opportunities for even greater impact to the benefit of the two partners." — Moussa Faki Mahamat, Chairperson of the African Union Commission

"Arkebe Oqubay and Justin Yifu Lin have assembled a range of eminent scholars from across the globe to update the debate on one of Africa's partners that is here to stay: China. African countries' relations with China are evolving, solidifying, intensifying and diversifying - and they require constant learning and adaptation to understand. With this nuanced book, the authors illustrate that Chinese engagement is no panacea to African countries' development, yet the Chinese positive narrative of Africa is a fresh wind from the east that can be harnessed for home-grown strategic action. A key read for scholars and policy-makers alike!" — Sven Grimm, Head of Programme at German Development Institute and Associate Professor, Stellenbosch University

"A must read - a brilliant up-to-date review of Africa-China economic relationships and how they have evolved over the last 25 years, during the surge of China's own development. The book analyses how Africa-China relationships contrast with past and present Africa's economic relationship with the West, bringing out the positives and new opportunities of trade with China as well as the negatives and possible future problems, such as rising debt and trade deficit gaps. The chapters are analysed by a distinguished panel of well-placed authors, throwing interesting light on what Africa and others can learn from China's own accelerated development. The result is an important document which deserves the attention of national and international policymakers in Africa, the West and China as well as students and analysists following China-African relations." — Sir Richard Jolly, Honorary Professor and Research Associate, Institute of Development Studies, UK

"If you are a public or private entrepreneur, or anyone with a vision to build more prosperous nations and businesses across the African continent in the next 50 years, then this fascinating book is a must-read... The editors and authors do a stellar job of showing how more strategic approaches by African countries, that navigate the dynamic and complex conditions, are urgently required to unlock unprecedented economic value across the continent and ensure mutual economic benefit going forward. Whether in government or the private sector, anyone with a real commitment to the sustainable and prosperous future of both, will be wise to carefully study this volume and glean actionable insights from its historically grounded and intellectually robust analysis." — Strive Masiyiwa, Founder Econet

"A compelling and cogent work, China-Africa and an Economic Transformation offers an opportunity to engage leading policymakers and senior scholars. Cutting against clichéd representations of relations between China and Africa, the contributing authors provide fresh and original ideas about pathways to development. Oqubay and Lin's volume is timely and challenging. This book is a gem, and that's an understatement." — James H. Mittelman, Distinguished Research Professor and University Professor Emeritus, American University

"Africa's development and structural transformation must be premised on Africans finding the best development pathways suited to the continent's cultural, social and economic context. This interesting volume by Justin Lin and Arkebe Oqubay is among the first to explore the practical application of China's economic development model to Africa and to examine its successes and failures. It is timely, and a must read in a changing global context of multipolarity that questions what works and what does not in economic development." — Ngozi Okonjo-Iweala, PhD, former Finance Minister, Nigeria

China-Africa and an Economic Transformation, a book edited by Justin Yifu Lin and Arkebe Oqubay, presents a clear and important assessment of the multi-faceted interactions between China and its African trade and investment partners. Among the books many great strengths is its explicit recognition of the dynamic and changing aspects of the relationships, responding to shifts in all of these economies, and in the global context. It will become essential reading for policy makers, businesses and civil society leaders in Africa and China, but also for a global constituency concerned about the SDGs and the inclusiveness of the growth patterns in the global economy." — Michael Spence, Professor of Economics, Stern School of Business, New York University, Nobel Prize in Economics 2001

"Capturing the diverse and dynamic nature of the economic ties between China and Africa and relating it to Africa's transformation is a novel approach of this volume. A must-read for policymakers, practitioners, and researchers working toward a healthy and vibrant economic future for the African continent." — Mark Suzman, Chief Strategy Officer, and President, Global Policy & Advocacy, Bill & Melinda Gates Foundation

From the Publisher