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Africa's silk road : China and India's new economic frontier / Harry G. Broadman; with contributions from Gozde Isik... [et al.]

Main Author Broadman, Harry G. Secondary Author Isik, Gozde Corporate Author (Secondary) World Bank Country Estados Unidos. Publication Washington, D.C. : World Bank, cop. 2007 Description XXVI, 391 p. : il. ; 23 cm ISBN 0-8213-6835-4
978-0-8213-6835-0
CDU 339.5(6)
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Holdings
Item type Current location Call number Status Date due Barcode Item holds
Monografia Biblioteca Geral da Universidade do Minho
BGUMD 99667 Available 367051
Total holds: 0

Enhanced descriptions from Syndetics:

China and India's new-found interest in trade and investment with Africa - home to 300 million of the globe's poorest people and the world's most formidable development challenge - presents a significant opportunity for growth and integration of the Sub-Saharan continent into the global economy. ""Africa's Silk Road"" finds that China and India's South-South commerce with Africa is about far more than natural resources, opening the way for Africa to become a processor of commodities and a competitive supplier of goods and services to these countries - a major departure from its long established relations with the North. A growing number of Chinese and Indian businesses active in Africa operate on a global scale, work with world-class technologies, produce products and services according to the most demanding standards, and foster the integration of African businesses into advanced markets. There are significant imbalances, however, in these emerging commercial relationships. These can be addressed through a series of reforms in all countries: ""At-the-border"" reforms, such as elimination of China and India's escalating tariffs on Africa's leading exports, and elimination of Africa's tariffs on certain inputs that make exports uncompetitive; ""Behind-the-border"" reforms in Africa, to unleash competitive market forces and strengthen its basic market institutions; ""Between-the-border"" improvements in trade facilitation mechanisms to decrease transactions costs; and reforms that leverage linkages between investment and trade, to allow African businesses to participate in global production networks that investments by Chinese and Indian firms can generate.

Table of contents provided by Syndetics

  • Foreword (p. xix)
  • Acknowledgments (p. xxi)
  • Acronyms and Abbreviations (p. xxiii)
  • Overview (p. 1)
  • Connecting Two Continents (p. 1)
  • Conclusions and Policy Implications (p. 33)
  • Endnotes (p. 40)
  • 1 Connecting Two Continents (p. 41)
  • Historical Context (p. 41)
  • Scope and Methodology of the Study (p. 43)
  • Structure of the Study (p. 47)
  • Annex 1A Data Sources (p. 52)
  • Annex 1B Diagnostic Trade Integration Studies (p. 57)
  • Endnotes (p. 58)
  • 2 Performance and Patterns of African-Asian Trade and Investment Flows (p. 59)
  • Introduction (p. 59)
  • Africa and Asia in the Global Economy (p. 60)
  • Patterns of Merchandise Trade Flows Between Africa Asia (p. 69)
  • Africa's Pattern of Merchandise Trade with China and India (p. 79)
  • Trade in Services Between Africa and Asia (p. 88)
  • Foreign Direct Investment Between Africa and China and India (p. 91)
  • Key Elements Shaping African-Asian Trade Flows (p. 104)
  • Conclusions and Policy Implications (p. 112)
  • Annex 2A (p. 114)
  • Endnotes (p. 126)
  • 3 Challenges "At the Border": Africa and Asia's Trade and Investment Policies (p. 129)
  • Introduction (p. 129)
  • Domestic Trade and Investment Policy Regimes (p. 130)
  • International Trade and Investment Agreements (p. 165)
  • Conclusions and Policy Implications (p. 179)
  • Endnotes (p. 183)
  • 4 "Behind-the-Border" Constraints on African-Asian Trade and Investment Flows (p. 187)
  • Role of Chinese and Indian Firms inAffecting Africa's Competition and International Integration (p. 203)
  • Introduction (p. 187)
  • Performance of Firms Behind-the-Border (p. 188)
  • Role of Domestic Competition in Promoting International Integration (p. 191)
  • Sources of Competition in Africa's Market (p. 209)
  • Conclusions and Policy Implications (p. 226)
  • Annex 4A (p. 230)
  • Endnotes (p. 231)
  • 5 "Between-the-Border" Factors in African-Asian Trade and Investment (p. 235)
  • Introduction (p. 235)
  • Remedies for Imperfections in the Market for Information (p. 237)
  • Trade Facilitation in African-Asian Commerce: Transport, Logistics, and Finance (p. 256)
  • Transfers of Technology and Skills (p. 272)
  • Conclusions and Policy Implications (p. 282)
  • Annex 5A (p. 286)
  • Endnotes (p. 287)
  • 6 Investment-Trade Linkages in African-Asian Commerce: Scale, Integration, and Production Networks (p. 289)
  • Introduction (p. 289)
  • Determinants of Linkages Between Trade and Foreign Direct Investment (p. 292)
  • Evidence on FDI-Trade Linkages ofChinese and Indian Firms in Africa (p. 308)
  • Meeting the Challenge of Network Trade: What Are Africa's Export Opportunities Presented by Chinese and Indian Foreign Investment? (p. 328)
  • Conclusions and Policy Implications (p. 349)
  • Endnotes (p. 357)
  • Bibliography (p. 361)
  • Index (p. 377)

Reviews provided by Syndetics

CHOICE Review

This scholarly World Bank study discusses the impact of the growing Indian and Chinese economies, specifically their trade and aid, on various African countries. China and India--the two economic giants in Asia--are expanding their trade relationships with African countries, particularly in the areas of importing raw materials and semi-processed products and exporting finished goods. They are also increasing their direct foreign investments, which in turn are improving economic conditions and assisting the integration of African countries with other global economies. There is much to be done, however, to accelerate trade with and aid to Africa, and this volume proposes various policies and reforms in this connection. This study, the first of its kind, provides updated statistics and will be useful for graduate students in economic development as well as African and Asian studies. Summing Up: Recommended. Academic, research, and professional collections. J. S. Uppal SUNY at Albany

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