Navigating the Evolving Landscape Between China and Africa’s Economic Engagements

Navigating the Evolving Landscape Between China and Africa’s Economic Engagements
Author: Ms. Wenjie Chen
Publisher: International Monetary Fund
Total Pages: 34
Release: 2024-02-23
Genre: Business & Economics
ISBN:

China and Africa have forged a strong economic relationship since China’s accession to the WTO in 2001. This paper examines the evolution of these economic ties starting in the early 2000s, and the subsequent shift in the relationship triggered by the commodity price collapse in 2015 and by the COVID-19 pandemic. The potential effects on the African continent of a further slowdown in Chinese growth are analyzed, highlighting the varying effects on different countries in Africa, especially those heavily dependent on their economic relationship with China. The conclusion offers a discussion of ways how African countries and China could adapt to the changing relationship.

Global Trends 2040

Global Trends 2040
Author: National Intelligence Council
Publisher: Cosimo Reports
Total Pages: 158
Release: 2021-03
Genre:
ISBN: 9781646794973

"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

The Rise of Digital Repression

The Rise of Digital Repression
Author: Steven Feldstein
Publisher: Oxford University Press
Total Pages: 256
Release: 2021-04-13
Genre: Political Science
ISBN: 0190057513

The world is undergoing a profound set of digital disruptions that are changing the nature of how governments counter dissent and assert control over their countries. While increasing numbers of people rely primarily or exclusively on online platforms, authoritarian regimes have concurrently developed a formidable array of technological capabilities to constrain and repress their citizens. In The Rise of Digital Repression, Steven Feldstein documents how the emergence of advanced digital tools bring new dimensions to political repression. Presenting new field research from Thailand, the Philippines, and Ethiopia, he investigates the goals, motivations, and drivers of these digital tactics. Feldstein further highlights how governments pursue digital strategies based on a range of factors: ongoing levels of repression, political leadership, state capacity, and technological development. The international community, he argues, is already seeing glimpses of what the frontiers of repression look like. For instance, Chinese authorities have brought together mass surveillance, censorship, DNA collection, and artificial intelligence to enforce their directives in Xinjiang. As many of these trends go global, Feldstein shows how this has major implications for democracies and civil society activists around the world. A compelling synthesis of how anti-democratic leaders harness powerful technology to advance their political objectives, The Rise of Digital Repression concludes by laying out innovative ideas and strategies for civil society and opposition movements to respond to the digital autocratic wave.

Chinese Engagement in Africa

Chinese Engagement in Africa
Author: Larry Hanauer
Publisher: Rand Corporation
Total Pages: 171
Release: 2014-03-12
Genre: History
ISBN: 0833084127

Examines Chinese engagement with African nations, focusing on (1) Chinese and African objectives in the political and economic spheres and how they work to achieve them, (2) African perceptions of Chinese engagement, (3) how China has adjusted its policies to accommodate African views, and (4) whether the United States and China are competing for influence, access, and resources in Africa and how they might cooperate in the region.

Africa's Infrastructure

Africa's Infrastructure
Author: World Bank
Publisher: World Bank Publications
Total Pages: 386
Release: 2009-12-01
Genre: Business & Economics
ISBN: 0821380834

Sustainable infrastructure development is vital for Africa s prosperity. And now is the time to begin the transformation. This volume is the culmination of an unprecedented effort to document, analyze, and interpret the full extent of the challenge in developing Sub-Saharan Africa s infrastructure sectors. As a result, it represents the most comprehensive reference currently available on infrastructure in the region. The book covers the five main economic infrastructure sectors information and communication technology, irrigation, power, transport, and water and sanitation. 'Africa s Infrastructure: A Time for Transformation' reflects the collaboration of a wide array of African regional institutions and development partners under the auspices of the Infrastructure Consortium for Africa. It presents the findings of the Africa Infrastructure Country Diagnostic (AICD), a project launched following a commitment in 2005 by the international community (after the G8 summit at Gleneagles, Scotland) to scale up financial support for infrastructure development in Africa. The lack of reliable information in this area made it difficult to evaluate the success of past interventions, prioritize current allocations, and provide benchmarks for measuring future progress, hence the need for the AICD. Africa s infrastructure sectors lag well behind those of the rest of the world, and the gap is widening. Some of the main policy-relevant findings highlighted in the book include the following: infrastructure in the region is exceptionally expensive, with tariffs being many times higher than those found elsewhere. Inadequate and expensive infrastructure is retarding growth by 2 percentage points each year. Solving the problem will cost over US$90 billion per year, which is more than twice what is being spent in Africa today. However, money alone is not the answer. Prudent policies, wise management, and sound maintenance can improve efficiency, thereby stretching the infrastructure dollar. There is the potential to recover an additional US$17 billion a year from within the existing infrastructure resource envelope simply by improving efficiency. For example, improved revenue collection and utility management could generate US$3.3 billion per year. Regional power trade could reduce annual costs by US$2 billion. And deregulating the trucking industry could reduce freight costs by one-half. So, raising more funds without also tackling inefficiencies would be like pouring water into a leaking bucket. Finally, the power sector and fragile states represent particular challenges. Even if every efficiency in every infrastructure sector could be captured, a substantial funding gap of $31 billion a year would remain. Nevertheless, the African people and economies cannot wait any longer. Now is the time to begin the transformation to sustainable development.

New Asian Approaches to Africa: Rivalries and Collaborations

New Asian Approaches to Africa: Rivalries and Collaborations
Author: Takuo Iwata
Publisher: Vernon Press
Total Pages: 289
Release: 2020-03-03
Genre: Political Science
ISBN: 1622738683

The 21st century has seen an increase in the presence and influence of Asian governments, firms and other stake-holders in Africa. With the changing times, changes in approaches to Africa by four major Asian countries (China, India, Japan and South Korea) have taken place. By tracing the history between these Asian countries and African countries, this collection reflects on the “new” phases of Asian Approaches to Africa. Composed by authors who are not only experienced expert scholars of African Studies, but also prominent specialists on African policies of Asian countries, this collection focuses on the official development assistance (ODA) as well as other crucial issues and actors such as business, civil society, and media to explore the new Asian approaches to Africa in a comprehensive manner. Organised into three sections, this collection explores the experiences of the “forums” (conferences, or summits) for Africa’s development hosted by four major Asian countries, reflects on Asian cultural influence in Africa, and highlights new phases of Asian approaches to Africa. This book looks to the future collaboration of Asian actors/ partners working in/ with Africa, rather than exaggerating rivalries and disputes in order to grasp the potentialities and challenges in the relationship between the two regions; an emerging and ongoing agenda that we will encounter further in the coming years. This book will be of interest to students, researchers and professors in universities, as well as research institutes on Asian and African Studies. It will also be of value to journalists, and government officials; particularly diplomats.

Fiscal Monitor, April 2024

Fiscal Monitor, April 2024
Author: International Monetary
Publisher: International Monetary Fund
Total Pages: 128
Release: 2024-04-10
Genre: Business & Economics
ISBN:

Even as the global economic outlook is stabilizing, fiscal policy continues to struggle with legacies of high debt and deficits, while facing new challenges. Public finances risks are acute this year as over 80 economies and economic areas are holding elections, amid increased support for high government spending. Financing conditions remain challenging, while spending pressures to address structural challenges are becoming more pressing. Countries should boost long-term growth with a well-designed fiscal policy mix to promote innovation more broadly, including fundamental research, and facilitate technology diffusion. Durable fiscal consolidation efforts are needed to safeguard sustainable public finances and rebuild buffers.

Global China

Global China
Author: Tarun Chhabra
Publisher: Brookings Institution Press
Total Pages: 430
Release: 2021-06-22
Genre: Political Science
ISBN: 0815739176

The global implications of China's rise as a global actor In 2005, a senior official in the George W. Bush administration expressed the hope that China would emerge as a “responsible stakeholder” on the world stage. A dozen years later, the Trump administration dramatically shifted course, instead calling China a “strategic competitor” whose actions routinely threaten U.S. interests. Both assessments reflected an underlying truth: China is no longer just a “rising” power. It has emerged as a truly global actor, both economically and militarily. Every day its actions affect nearly every region and every major issue, from climate change to trade, from conflict in troubled lands to competition over rules that will govern the uses of emerging technologies. To better address the implications of China's new status, both for American policy and for the broader international order, Brookings scholars conducted research over the past two years, culminating in a project: Global China: Assessing China's Growing Role in the World. The project is intended to furnish policy makers and the public with hard facts and deep insights for understanding China's regional and global ambitions. The initiative draws not only on Brookings's deep bench of China and East Asia experts, but also on the tremendous breadth of the institution's security, strategy, regional studies, technological, and economic development experts. Areas of focus include the evolution of China's domestic institutions; great power relations; the emergence of critical technologies; Asian security; China's influence in key regions beyond Asia; and China's impact on global governance and norms. Global China: Assessing China's Growing Role in the World provides the most current, broad-scope, and fact-based assessment of the implications of China's rise for the United States and the rest of the world.

The Rise of China and India in Africa

The Rise of China and India in Africa
Author: Fantu Cheru
Publisher: Zed Books Ltd.
Total Pages: 300
Release: 2010-03-11
Genre: Political Science
ISBN: 184813827X

In recent years, China and India have become the most important economic partners of Africa and their footprints are growing by leaps and bounds, transforming Africa's international relations in a dramatic way. Although the overall impact of China and India's engagement in Africa has been positive in the short-term, partly as a result of higher returns from commodity exports fuelled by excessive demands from both countries, little research exists on the actual impact of China and India's growing involvement on Africa's economic transformation. This book examines in detail the opportunities and challenges posed by the increasing presence of China and India in Africa, and proposes critical interventions that African governments must undertake in order to negotiate with China and India from a stronger and more informed platform.