China-Africa and an Economic Transformation

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.

1 - Introduction to China-Africa and an Economic Transformation
2 - China's Economic Emergence and Implications for Africa
3 - The Meanings and Global Externalities of China's Economic Emergence
4 - China-Africa ties in Historical Context
5 - Evolving Debates and Outlooks on China-Africa Economic Ties
6 - The Institutional Framework of Sino-African Relations
7 - Chinese Loans and African Structural Transformation
8 - China's Development Finance and African Infrastructure Development
9 - The Changing Dynamics of Chinese Oil and Gas Engagements in Africa
10 - The Political Economy of China's Investment in Nigeria: Prometheus or Leviathan?
11 - Agreements and Dispute Settlement in China-Africa Economic Ties
12 - Labour Regimes and Workplace Encounters Between China and Africa
13 - China's Light Manufacturing and Africa's Industrialization
14 - Catalyzing China-Africa Ties for Africa's Structural Transformation: Lessons from Ethiopia
15 - The Future of China-Africa Economic Ties: New Trajectory and Possibilities

Arkebe Oqubay is a Senior Minister and Special Adviser to the Prime Minister of Ethiopia and has been at the centre of policymaking for over twenty-five years. He is a research associate at the Centre of African Studies in the University of London, and holds a PhD in development studies from SOAS, University of London. He is the former mayor of Addis Ababa and winner of the ABN Best African Mayor of 2006, and finalist for the World Mayor Award 2006. He is a recipient of the Order of the Rising Sun, Gold and Silver Star and serves as board chair of several leading public organizations and international advisory boards. His work includesMade in Africa: Industrial Policy in Ethiopia(OUP, 2015);African Economic Development: Evidence, Theory, and Policy(OUP, 2019); andChina-Africa and an Economic Transformation(2019, OUP). He was recognized as one of the 100 Most Influential Africans of 2016, and a 'leading thinker on Africa's strategic development' by the New African. Justin Yifu Lin is Dean of the Institute of New Structural Economics and Institute of South-South Cooperation and Development, and Professor and Honorary Dean of the National School of Development at Peking University. He was the Senior Vice President and Chief Economist at the World Bank, 2008-12. He is a councillor of the State Council and a Member of the Standing Committee, Chinese People's Political Consultation Conference, and is the author of more than twenty books including Beating the Odds: Jump-starting Developing Countries; Going Beyond Aid: Development Cooperation for Structural Transformation; The Quest for Prosperity: How Developing Economies Can Take Off; New Structural Economics: A Framework for Rethinking Development and Policy; Against the Consensus: Reflections on the Great Recession; and Demystifying the Chinese Economy.