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African Bargaining Power with China - Foreign Investment and Rising Influence (Hardcover)
Loot Price: R3,826
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African Bargaining Power with China - Foreign Investment and Rising Influence (Hardcover)
Series: African Governance
Expected to ship within 12 - 17 working days
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This book provides a detailed account of the political economy
around investment deal negotiations between African governments and
private Chinese investors. The book draws on evidence from
experiments and hundreds of interviews with policy makers and
Chinese investors across Nigeria, South Africa, Kenya, Ethiopia and
Tanzania. It shows that governments of authoritarian or one-party
dominant states, which are among the top-receivers of Chinese
investments, are able to easily and successfully act collectively
to impose human capital and technology transfer requirements. The
book argues that, rather than treating African countries as
"price-takers" in the face of increasing Chinese influence in the
continent, we should instead recognise the significant bargaining
leverage that many African governments have to influence deal
conditions, especially with smaller private Chinese companies. It
demonstrates that several African governments can instead act "as
price-setters" and that the success of the rising Chinese presence
in Africa, and whether this leads to positive or negative
development outcomes, fundamentally depends on the development
strategies that individual African governments decide on. In the
context of an often-polarised debate, the original research
presented in this book has important implications for the future
economic development strategies of African countries. As such, it
will be of interest to researchers working on Chinese and African
investment, politics, institutions, business, economics, and
international relations.
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