Format:
1 online resource (447 pages)
ISBN:
9780821368367
Content:
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 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.
Content:
Cover -- Title Page -- Contents -- Foreword -- Acknowledgments -- Acronyms and Abbreviations -- Overview -- Connecting Two Continents -- Objectives of the Study -- Africa in the Global Economy -- Country-Level Patterns and Performance of African-Asian Trade and Investment Flows -- Examining the Determinants of the Patterns of African-Asian Trade Flows -- Role of At-the-Border Policies -- "Behind-the-Border" Factors -- "Between-the-Border" Factors -- FDI-Trade Complementarities and Network Production-Sharing Opportunities -- Conclusions and Policy Implications -- Summary of Policy Implications -- At-the-Border Formal Policy Reforms -- Beyond Formal Trade and Investment Policy Reforms -- Behind-the-Border Reforms -- Between-the-Border Reforms -- Reforms for Enhancing FDI-Trade Complementarities and Participation by African Firms in Network Trade -- Division of Labor among Policy Makers -- International Community (Donors and International Organizations) -- African, Chinese, and Indian Governments -- Endnotes -- CHAPTER 1 Connecting Two Continents -- Historical Context -- Scope and Methodology of the Study -- Scope of the Study -- Methodology -- Structure of the Study -- Chapter 2: Performance and Patterns of African-Asian Trade and Investment Flows -- Chapter 3: Challenges at the Border: Africa and Asia's Trade and Investment Policies -- Chapter 4: Behind-the-Border Constraints on African-Asian Trade and Investment Flows -- Chapter 5: Between-the-Border Factors in African-Asian Trade and Investment -- Chapter 6: Investment-Trade Linkages: Scale, Integration, and Production Networks -- Annex 1A: Data Sources -- Official Statistics -- Firm-Level World Bank-Developed Business Case Studies -- New Firm-Level World Bank Quantitative Survey (WBATTI Survey) -- World Bank Investment Climate Surveys -- Annex 1B: Diagnostic Trade Integration Studies.
Note:
Description based on publisher supplied metadata and other sources
Additional Edition:
ISBN 9780821368350
Additional Edition:
Erscheint auch als Druck-Ausgabe ISBN 9780821368350
Additional Edition:
Print version Africa's Silk Road : China and India's New Economic Frontier
Language:
English
Keywords:
China
;
Indien
;
Außenhandel
;
Wirtschaftsbeziehungen
;
Afrika
