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China's Finance in Africa: What and How Much?: Elements in the Economics of Emerging Markets

Autor Evelyn F. Wamboye
en Limba Engleză Paperback – 3 mar 2021
This Element provides a detailed analysis of official finances from China to Africa with special attention to the question of Africa's foreign finances policy. The findings reveal that Africa has an infrastructure gap and Chinese finances are largely used to fund infrastructure projects. However, the majority of the funds are loans, which are mortgaged on Africa's natural resources. In addition, Chinese firms are the ones implementing the projects, and much of the raw material and labor is imported from China. All these calls for Africa to institute a coherent foreign finances policy that ensures African countries fully benefit from these finances.
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Specificații

ISBN-13: 9781108789790
ISBN-10: 110878979X
Pagini: 75
Dimensiuni: 230 x 150 x 5 mm
Greutate: 0.12 kg
Editura: Cambridge University Press
Colecția Cambridge University Press
Seria Elements in the Economics of Emerging Markets

Locul publicării:New York, United States

Cuprins

1. Introduction: Africa in the 21st Century – Changing Perceptions and Landscape; 2. Literature Review – China's Engagement in Africa; 3. Case Study – Tanzania; 4. Conclusion and Recommendations.

Descriere

The Element provides an analysis of official finances from China to Africa with special attention to Africa's foreign finances policy.