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Books > Business & Economics > Economics > Political economy
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How China is Reshaping the Global Economy - Development Impacts in Africa and Latin America, Second Edition (Paperback, 2nd Revised edition)
Loot Price: R1,244
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How China is Reshaping the Global Economy - Development Impacts in Africa and Latin America, Second Edition (Paperback, 2nd Revised edition)
Expected to ship within 12 - 19 working days
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China's growing economic involvement in Sub-Saharan Africa and
Latin America has been a source of major controversy. The official
Chinese position maintains that the growth of bilateral relations
is of mutual benefit and provides a good example of South-South
cooperation. Critics on the other hand see the economic relations
between China and other developing countries as highly unequal with
most of the benefits accruing to China and a few local elites. They
also point to negative socio-economic, political, and environmental
consequences. How China is Reshaping the Global Economy:
Development Impacts in Africa and Latin-America throws more light
on these controversies through a comparative study of China's
impact on the two regions. It looks not just at bilateral relations
between China and the two regions but also analyses the changes in
the global economy brought about as a result of the shift in
economic activity from North America and Western Europe to Asia.
This book looks at the factors which led to rapid economic growth
in China and the way in which this has affected global
manufacturing, commodity markets, the international presence of
Chinese companies, and financial glows. It examines the different
forms of Chinese economic involvement in Sub-Saharan Africa and
Latin America, the main drivers, and economic, social, political,
and environmental consequences. It ends with a comparison of the
two regions that highlights the importance of different histories
and political and institutional contexts in determining the impacts
of China. Since the first edition of How China is Reshaping the
Global Economy: Development Impacts in Africa and Latin-America,
China's role in the global economy has continued to expand and the
Chinese government's foreign policy has become more assertive. The
global presence of China has been marked by the expansion of the
Belt and Road Initiative to almost 150 countries and the trade-war
between the US and China, as well as increased Western concerns
over the activities of major Chinese companies such as Huawei. This
new edition documents these changes and their implications for SSA
and LAC.
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