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This essay has explored the validity of Marxist dependency theories in the context of the emerging China-Africa trade and economic relations. Whereas dependency theory assumes that economic domination runs across north-south geoeconomic patterns, this discussion has shown that the China-Africa...
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Based on a brief review of the development paradigm shifts, growth theories and perspectives that have influenced four decades of African economic development, this paper suggests that the challenges confronting African development result primarily from continuously shifting paradigms and...
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The study set out to investigate whether China’s rise complements or competes with Africa’s manufacturing sectors, using a system GMM estimator. The findings reveal that imports of intermediate manufactured goods from China boost manufacturing production in African economies but that total...
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The likelihood that China’s economic recovery will affect the growth of selected African economies (Botswana, Ghana, Kenya, Nigeria, and South Africa) was investigated by examining annual co-movements in GDP. Using aggregate outputs as proxies for business cycle indicators along with a...
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This article analyzes how the global financial crisis is affecting African economies and identifies risks ahead with respect to prospects for development. Preliminary assessment shows that the aftershocks of the global meltdown have affected African economies through declines in exports of...
Persistent link: https://www.econbiz.de/10010838678