Banking In Nigeria And Chinese Economic Diplomacy In Africa

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Banking in Nigeria and Chinese Economic Diplomacy in Africa

Author : Abiodun Alao
Publisher :
ISBN 13 :
Total Pages : 12 pages
Book Rating : 4.:/5 (752 download)

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Book Synopsis Banking in Nigeria and Chinese Economic Diplomacy in Africa by : Abiodun Alao

Download or read book Banking in Nigeria and Chinese Economic Diplomacy in Africa written by Abiodun Alao and published by . This book was released on 2010 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: While Sino-Nigerian relations have grown significantly since the 1970s, several aspects of the relationship have been controversial and difficult. However, the special attraction the two countries hold for each other has made the relationship persist, even amid difficulties and challenges. Although several aspects of the relations have received academic and policy attention, an area that remains as yet understudied is the relationship between the two countries in the banking sector. This is particularly important, as the banking sectors in both countries are undergoing significant changes. The objective of this study is to take a panoramic view of the changes going on in the Nigerian banking sector and to situate the discussion in terms of the broader Chinese economic interests in Nigeria. This paper argues that the current changes in the Nigerian banking sector are likely to set the sector on a path that can win it respectability and respect from across the world and that the inclusion of banking in China's economic interests in Nigeria can be mutually beneficial to both countries. While China may have justifiable grounds to be unhappy with aspects of its relationship with Nigeria, the paper concludes that the future of the economic relationship between the two countries is bright and potentially beneficial to both nations.

The economic Relations between China and Nigeria

Author : Lawrence Okolo Abutu
Publisher : GRIN Verlag
ISBN 13 : 3656341273
Total Pages : 132 pages
Book Rating : 4.6/5 (563 download)

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Book Synopsis The economic Relations between China and Nigeria by : Lawrence Okolo Abutu

Download or read book The economic Relations between China and Nigeria written by Lawrence Okolo Abutu and published by GRIN Verlag. This book was released on 2012-12-27 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2012 in the subject Politics - Region: Other States, grade: None, Xiamen University (Research School of South-east Asian Studies), course: International Relations, language: English, abstract: This paper examines China-Nigeria economic-political relations. On February 10, 1971 a historical stage was set between China and Nigeria, one of not only bilateral relations but of mutual respect for each other. Although this relationship dates back to more than three decades, recent developments call for a careful and detailed analysis of this union and to this end, i seek to provide analysis of the relationship with respect to investment, trade, aid, and economic cooperation. Recent developments in China and Nigeria relationship are not unconnected with the renewed ties between the two giants as Nigeria has become one of China's most important trading partners in Africa. The contemporary waves of diplomatic relations appear to a reasonable extent mutually beneficial. Nigeria’s quest for development with an aggressive campaign for FDI as one of the motivating forces has opened the economy which China is seen as an ideal business partner. Accordingly, this paper, through a critical review of the literature examines, and evaluates the opportunities and challenges abound in the nascent economic and trade relationships, and discusses the prospects of the deals for the Chinese, Nigerian, and African socio-economic growth. Key words: China, Nigeria, Economic-Political Relations, Trade, FDI

The Contemporary West African Economic Development and its Relations with China

Author : Lawrence Okolo Abutu
Publisher : GRIN Verlag
ISBN 13 : 3656345945
Total Pages : 26 pages
Book Rating : 4.6/5 (563 download)

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Book Synopsis The Contemporary West African Economic Development and its Relations with China by : Lawrence Okolo Abutu

Download or read book The Contemporary West African Economic Development and its Relations with China written by Lawrence Okolo Abutu and published by GRIN Verlag. This book was released on 2013-01-07 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (postgraduate) from the year 2012 in the subject Economics - Case Scenarios, grade: none, Xiamen University (Research School of South-east Asian studies), course: World Economy, language: English, abstract: The rise of China may well be the most significant trend today redefining the geopolitics of Asia and the world beyond. This reflects in the influx of economic activities from various foreign investors who are attracted to the existence of a market for their products and services in the over 1.3 billion populated country. This also has some connections with the country’s investments in other countries such as Sub Saharan Africa. For example Africa supplied 77% of oil, 13 % of metalliferous ore, 3% of cotton, 2% wood, 3% pear and precious stones to Chinese economy, and on the demand side African economy sourced 5% industrial equipment, 7% electrical appliances, 8% telecommunication equipment, 8% transport vehicles, 14% clothing wares, and 16% textiles from the Chinese economy. Essentially, this significant development about China has been severally linked to its ‘open-door policy’ which took effect from the 1980s Although, Sino-Nigerian economic interdependence has grown exponentially over the past few decades, the contemporary waves of diplomatic relations appear to a reasonable extent mutually beneficial. Nigeria’s quest for development with an aggressive campaign for FDI as one of the motivating forces has opened the economy which China is seen as an ideal business partner. Accordingly, this paper, through a critical review of the literature examines, and evaluates the opportunities and challenges abound in the nascent economic and trade relationships, and discusses the future prospects of the deals for the Chinese, Nigerian, and African socio-economic growth. Key Words: Africa, China, FDI, Economic, Nigeria, Relations, Investments

China-Africa Relations in an Era of Great Transformations

Author : Li Xing
Publisher : Routledge
ISBN 13 : 1317167341
Total Pages : 317 pages
Book Rating : 4.3/5 (171 download)

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Book Synopsis China-Africa Relations in an Era of Great Transformations by : Li Xing

Download or read book China-Africa Relations in an Era of Great Transformations written by Li Xing and published by Routledge. This book was released on 2016-05-23 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection juxtaposes a variety of approaches about China and Africa, and their interrelations seeking to go beyond early, simplistic formulations. Perspectives informed by Polanyi advance nuanced analysis of varieties of capitalisms and double-movements. It seeks to put contemporary China-Africa relations in critical, comparative context and in doing so, it will go beyond descriptions of inter-regional trade and investment, large- and small-scale sectors, to ask whether structural change is underway. Already it is apparent that the growing presence of China in Africa presents the latter with some novel options but whether these will generate a new embeddedness remains problematic. Highlighting the ’varieties of capitalisms’ in the new century, given the undeniable difficulties of extreme neo-liberalism in the US and UK by contrast, to the apparent ebullience of the emerging economies in the global South, this book examines such implications for international relations, international political economy, development studies and policies.

Hidden Dragon, Crouching Lion

Author : David E. Brown
Publisher :
ISBN 13 :
Total Pages : 132 pages
Book Rating : 4.3/5 (555 download)

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Book Synopsis Hidden Dragon, Crouching Lion by : David E. Brown

Download or read book Hidden Dragon, Crouching Lion written by David E. Brown and published by . This book was released on 2012 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: The explosive growth of China's economic interests in Africa -- bilateral trade rocketed from $1 billion in 1990 to $150 billion in 2011 -- may be the most important trend in the continent's foreign relations since the end of the Cold War. In 2010, China surpassed the United States as Africa's top trading partner; its quest to build a strategic partnership with Africa on own its terms through tied aid, trade, and development finance is also part of Beijing's broader aspirations to surpass the United States as the world's preeminent superpower. Africa and other emerging economies have become attractive partners for China not only for natural resources, but as growing markets. Africa's rapid growth since 2000 has not just occurred because of higher commodity prices, but more importantly due to other factors including improved governance, economic reforms, and an expanding labor force. China's rapid and successful expansion in Africa is due to multiple factors, including economic diplomacy that is clearly superior to that of the United States. China's "no strings attached" approach to development, however, risks undoing decades of Western efforts to promote good governance. Consequently, this monograph examines China's oil diplomacy, equity investments in strategic minerals, and food policy toward Africa. The official U.S. rhetoric is that China's rise in Africa should not be seen as a zero-sum game, but areas where real U.S.-China cooperation can help Africa remain elusive, mainly because of Beijing's hyper-mistrust of Washington. The United States could help itself, and Africa, by improving its own economic diplomacy and adequately funding its own soft-power efforts.

China-Africa and an Economic Transformation

Author : Arkebe Oqubay
Publisher : Oxford University Press
ISBN 13 : 0192566229
Total Pages : 336 pages
Book Rating : 4.1/5 (925 download)

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Book Synopsis China-Africa and an Economic Transformation by : Arkebe Oqubay

Download or read book China-Africa and an Economic Transformation written by Arkebe Oqubay and published by Oxford University Press. This book was released on 2019-04-15 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Africa's recent progress in economic growth has been uneven across countries, and has not translated into structural transformation. Although economic ties between China and Africa have made a positive contribution this engagement has been uneven, shaped by variations in strategic approach, policy ownership, and implementation capacity among African governments. As China undergoes major economic rebalancing to upgrade to an innovation-driven economy, this is bound to affect China-Africa relations, offering both opportunities and challenges. Authored by leading scholars on Africa, China, and China-Africa relations, this volume brings together stimulating and thought-provoking perspectives, and insightful analyses. Focusing on Africa's economic development, it looks at core areas of structural transformation: productive investment and industrialization, international trade, infrastructure development, and financing. China-Africa relations are considered in the context of the global division of labour and power, and through the history and contexts of both China and Africa, a very diverse continent. This volume seeks to fill the gap in the existing literature, steer policy and scholarly debate on the progress and trajectory of China-Africa cooperation, and analyze China's development path as a source of learning for Africa.

The Rise of China and India in Africa

Author : Fantu Cheru
Publisher : Zed Books Ltd.
ISBN 13 : 184813827X
Total Pages : 300 pages
Book Rating : 4.8/5 (481 download)

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Book Synopsis The Rise of China and India in Africa by : Fantu Cheru

Download or read book The Rise of China and India in Africa written by Fantu Cheru and published by Zed Books Ltd.. This book was released on 2010-03-11 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, China and India have become the most important economic partners of Africa and their footprints are growing by leaps and bounds, transforming Africa's international relations in a dramatic way. Although the overall impact of China and India's engagement in Africa has been positive in the short-term, partly as a result of higher returns from commodity exports fuelled by excessive demands from both countries, little research exists on the actual impact of China and India's growing involvement on Africa's economic transformation. This book examines in detail the opportunities and challenges posed by the increasing presence of China and India in Africa, and proposes critical interventions that African governments must undertake in order to negotiate with China and India from a stronger and more informed platform.

China's Resource Diplomacy in Africa

Author : M. Power
Publisher : Springer
ISBN 13 : 1137033665
Total Pages : 531 pages
Book Rating : 4.1/5 (37 download)

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Book Synopsis China's Resource Diplomacy in Africa by : M. Power

Download or read book China's Resource Diplomacy in Africa written by M. Power and published by Springer. This book was released on 2012-07-17 with total page 531 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book seeks to understand China's evolving political and economic role in Africa and assesses what impacts Chinese aid, trade and investment have on the politics of specific African countries, and the extent to which it excites geopolitical competition.

China in Africa

Author : Julien Bokilo Lossayi
Publisher : Editions L'Harmattan
ISBN 13 : 2296476147
Total Pages : 108 pages
Book Rating : 4.2/5 (964 download)

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Book Synopsis China in Africa by : Julien Bokilo Lossayi

Download or read book China in Africa written by Julien Bokilo Lossayi and published by Editions L'Harmattan. This book was released on 2011-12-01 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic take-off of Beijing and other BRIC countries shakes the global economic map. To develop a sustainable economy, they need, as the old industrial countries, raw material that abounds Africa. This book proposes to disentangle the African partner's economic strategies and to penetrate the mysteries of diplomacy and international business relations.

Africa's Silk Road

Author : Harry G. Broadman
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 424 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Africa's Silk Road by : Harry G. Broadman

Download or read book Africa's Silk Road written by Harry G. Broadman and published by World Bank Publications. This book was released on 2007 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication, written by the World Bank economic adviser Harry Broadman, finds that the recent increase in South-South trade and investment by China and India in Africa presents a significant opportunity for Africa's economic growth and development, provided certain policy reforms on both continents are implemented. It draws on original firm-level data based on a survey of 450 firms, including Chinese and Indian companies, operating in four African countries (South Africa, Tanzania, Ghana and Senegal) and in-depth business case studies in the field of additional 16 Chinese and Indian firms in Africa.

China in Africa

Author : Arthur Waldron
Publisher :
ISBN 13 :
Total Pages : 150 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis China in Africa by : Arthur Waldron

Download or read book China in Africa written by Arthur Waldron and published by . This book was released on 2008 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: Beginning in earnest at the turn of the twenty-first century, China embarked on a robust multilevel engagement strategy with a number of African states on three simultaneous fronts--economic, political, and military. The push was predicated by Beijing's need to secure energy and natural resources to fuel its booming economy and bolster its position as the world's manufacturing hub. The depth of China's engagement cannot be understated, and its increasing stakes in the security dimension of Africa's myriad conflicts is affecting the geopolitical landscape of a continent that has been in the past an exclusive domain of the West. C hina in Africa examines the multifaceted effects of China's engagement with the continent, both its many risks and opportunities. It provides critical and relevant information for understanding the strategic drivers, trends, and the potential impact of China in Africa. The book covers Chinese soft and hard power, energy and arms relations, and China's relations with individual African countries: Angola, Djibouti, Egypt, Eritrea, Ethiopia, Nigeria, Somalia, Sudan, Zambia, and Zimbabwe. Ultimately, this volume serves to assist in improving U.S. policymakers' understanding of China's role in Africa and ensure that appropriate measures are taken to secure American interests in the region. Contributors include Mauro De Lorenzo (American Enterprise Institute), Drew Thompson (Nixon Center), Wenran Jiang (University of Alberta), Paul Hare (U.S.-Angola Chamber of Commerce), Susan M. Puska (Defense Group, Inc.), Ian Taylor (University of St. Andrews), Chris Zambelis (Helios Global, Inc.), David Shinn (GeorgeWashington University), Joshua Eisenman (American Foreign Policy Council), Yitzhak Shichor (University of Haifa), Greg Mills and Christopher Thompson (Brenthurst Foundation), Andrew McGregor (Aberfoyle International), and John C. K. Daly (United Press International).

China and Africa

Author : Richard Schiere
Publisher :
ISBN 13 :
Total Pages : 160 pages
Book Rating : 4.:/5 (1 download)

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Book Synopsis China and Africa by : Richard Schiere

Download or read book China and Africa written by Richard Schiere and published by . This book was released on 2011 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt:

China's Resource Diplomacy in Africa

Author : M. Power
Publisher : Springer
ISBN 13 : 1137033665
Total Pages : 348 pages
Book Rating : 4.1/5 (37 download)

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Book Synopsis China's Resource Diplomacy in Africa by : M. Power

Download or read book China's Resource Diplomacy in Africa written by M. Power and published by Springer. This book was released on 2012-07-17 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book seeks to understand China's evolving political and economic role in Africa and assesses what impacts Chinese aid, trade and investment have on the politics of specific African countries, and the extent to which it excites geopolitical competition.

Africa's Infrastructure

Author : World Bank
Publisher : World Bank Publications
ISBN 13 : 0821380834
Total Pages : 386 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Africa's Infrastructure by : World Bank

Download or read book Africa's Infrastructure written by World Bank and published by World Bank Publications. This book was released on 2009-12-01 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sustainable infrastructure development is vital for Africa s prosperity. And now is the time to begin the transformation. This volume is the culmination of an unprecedented effort to document, analyze, and interpret the full extent of the challenge in developing Sub-Saharan Africa s infrastructure sectors. As a result, it represents the most comprehensive reference currently available on infrastructure in the region. The book covers the five main economic infrastructure sectors information and communication technology, irrigation, power, transport, and water and sanitation. 'Africa s Infrastructure: A Time for Transformation' reflects the collaboration of a wide array of African regional institutions and development partners under the auspices of the Infrastructure Consortium for Africa. It presents the findings of the Africa Infrastructure Country Diagnostic (AICD), a project launched following a commitment in 2005 by the international community (after the G8 summit at Gleneagles, Scotland) to scale up financial support for infrastructure development in Africa. The lack of reliable information in this area made it difficult to evaluate the success of past interventions, prioritize current allocations, and provide benchmarks for measuring future progress, hence the need for the AICD. Africa s infrastructure sectors lag well behind those of the rest of the world, and the gap is widening. Some of the main policy-relevant findings highlighted in the book include the following: infrastructure in the region is exceptionally expensive, with tariffs being many times higher than those found elsewhere. Inadequate and expensive infrastructure is retarding growth by 2 percentage points each year. Solving the problem will cost over US$90 billion per year, which is more than twice what is being spent in Africa today. However, money alone is not the answer. Prudent policies, wise management, and sound maintenance can improve efficiency, thereby stretching the infrastructure dollar. There is the potential to recover an additional US$17 billion a year from within the existing infrastructure resource envelope simply by improving efficiency. For example, improved revenue collection and utility management could generate US$3.3 billion per year. Regional power trade could reduce annual costs by US$2 billion. And deregulating the trucking industry could reduce freight costs by one-half. So, raising more funds without also tackling inefficiencies would be like pouring water into a leaking bucket. Finally, the power sector and fragile states represent particular challenges. Even if every efficiency in every infrastructure sector could be captured, a substantial funding gap of $31 billion a year would remain. Nevertheless, the African people and economies cannot wait any longer. Now is the time to begin the transformation to sustainable development.

The Rise of Digital Repression

Author : Steven Feldstein
Publisher : Oxford University Press
ISBN 13 : 0190057491
Total Pages : 345 pages
Book Rating : 4.1/5 (9 download)

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Book Synopsis The Rise of Digital Repression by : Steven Feldstein

Download or read book The Rise of Digital Repression written by Steven Feldstein and published by Oxford University Press. This book was released on 2021 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A Carnegie Endowment for International Peace Book" -- dust jacket.

World Development Report 1978

Author :
Publisher : World Bank Publications
ISBN 13 : 0821372823
Total Pages : 135 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis World Development Report 1978 by :

Download or read book World Development Report 1978 written by and published by World Bank Publications. This book was released on 1978 with total page 135 pages. Available in PDF, EPUB and Kindle. Book excerpt: This first report deals with some of the major development issues confronting the developing countries and explores the relationship of the major trends in the international economy to them. It is designed to help clarify some of the linkages between the international economy and domestic strategies in the developing countries against the background of growing interdependence and increasing complexity in the world economy. It assesses the prospects for progress in accelerating growth and alleviating poverty, and identifies some of the major policy issues which will affect these prospects.

China's Belt and Road: A Game Changer?

Author : Alessia Amighini (a cura di)
Publisher : Edizioni Epoké
ISBN 13 : 8899647631
Total Pages : 110 pages
Book Rating : 4.8/5 (996 download)

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Book Synopsis China's Belt and Road: A Game Changer? by : Alessia Amighini (a cura di)

Download or read book China's Belt and Road: A Game Changer? written by Alessia Amighini (a cura di) and published by Edizioni Epoké. This book was released on 2017-07-11 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: Officially announced by Xi Jinping in 2013, the Belt and Road Initiative (BRI) has since become the centrepiece of China’s economic diplomacy. It is a commitment to ease bottlenecks to Eurasian trade by improving and building networks of connectivity across Central and Western Asia, where the BRI aims to act as a bond for the projects of regional cooperation and integration already in progress in Southern Asia. But it also reaches out to the Middle East as well as East and North Africa, a truly strategic area where the Belt joins the Road. Europe, the end-point of the New Silk Roads, both by land and by sea, is the ultimate geographic destination and political partner in the BRI. This report provides an in-depth analysis of the BRI, its logic, rationale and implications for international economic and political relations.