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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 (Hardcover)
Loot Price: R2,703
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How China is Reshaping the Global Economy - Development Impacts in Africa and Latin America (Hardcover)
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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.
How China is Reshaping the Global Economy 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.
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