The Rise of China and India - What’s in it for Africa?
March 9th, 2007 - by 2point6billion.com
The OECD published a book last May on the implications for Africa of China and India’s global rise. Most compelling in this piece is the emphasis on how growth strategies in many African economies are directly influenced by (and in some cases modeled after) those of the two Asian giants - this can be seen particularly in Africa’s commodities-export and oil markets. The authors talk about how African countries are redirecting parts of their trade and relationships from traditional OECD partners to China and India, they discuss the consequences of this phenomenon and the conclusions are quite shocking.
a summary of the publication is available for free at: http://www.oecd.org/dataoecd/54/62/36905545.pdf
The topic of political and economic relationships (and intentions) of China and India with African countries is hot-off-the-press these days - and is proving to be quite a sensitive issue in the global community - have a look at what others are saying:
Africa Emerges as China and India’s New Economic Frontier (World Bank, September 2006)
China, India Boost Africa’s Growth (China Radio International Online, November 2006)
What is Behind the China-African Courtship? (China Elections, November 2006)
China’s Influence in Africa Arouses Some Resistance (New York Times, February 2007)
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