The Political Economy of Chinese FDI and Spillover Effects in Africa (International Political Economy Series)

✍ Scribed by Dominik Kopiński (editor), Pádraig Carmody (editor), Ian Taylor (editor)

• Publisher: Palgrave Macmillan
• Year: 2023
• Tongue: English
• Leaves: 284
• Category: Library

✦ Synopsis

What are the impacts of Chinese investment in Africa? Is it transforming economic development on the continent? This book is different from many other studies of this issue, as it unpacks the ‘black box’ of technological and learning spillover effects from Chinese firms to others. Rather than using econometric tools, which has now become a standard approach and come with their own set of challenges, the authors investigate the interactions between Chinese investors and African firms in terms of the transfer of technology and learning and explain why such interactions are rare. Only by understanding the reasons behind this rarity can approaches be developed to promote spillovers.

✦ Table of Contents

Contents
Editors and Contributors
About the Editors
List of Contributors
List of Figures
List of Tables
1 Introduction and Overview
Is Chinese FDI Different?
References
2 The Political Economy of FDI and Spillovers in Africa: Can China Deliver on Hirschman’s Ideas
Introduction
FDI and Development
Enter Hirschman and Backward Linkages
Chinese Investment and Africa’s Transformation
The Grand Question
References
3 Spillovers and the Effects of FDI: The Overview
Direct Effects
The Provision of Capital
Output and Economic Growth
Employment
Wages
Balance of Payments Effect
Impact on Trade Flows
Indirect Effects: Spillovers
Spillover Channels
Determinant Factors of Spillover Effects
Technology Gap
Country of Origin
Length of Presence
Foreign Ownership
Entry Mode
FDI Motive
Technology Intensity
Training of Local Personnel
Geographical Proximity
References
4 China–Africa Spillovers: The Literature Review
Introduction
China-Africa Economic Relations: Different Lenses
Spillover Effects, Linkages and Technology Transfer in China-Africa Literature
Explaining Absence
Spillovers and Upgrading: Exploring the Relationship
References
5 Eurocentrism, FDI and Spillovers: Conceptual and Methodological Challenges
Introduction
Spillovers, Linkages and Foreign Direct Investment (FDI) in the Sino-African Context
Three Types of Conceptual Bias
Chinese Investment and Conceptual Chaos
Conceptual Framework
Methodological Avenues for Investigating Spillovers
References
6 Institutional and Cultural Obstacles of Chinese Spillover Effects in Angola
Introduction
Chinese and Angolan Institutional Framework
Angola’s Institutional and Political System
Chinese Institutional and Political System
Institutional Framework and Spillover Obstacles
Cultural Differences as Spillover Obstacles
Summary and Conclusion
References
7 The Institutional and Political Dimensions of FDI Spillovers in Zambia
Introduction
Incommensurability of Epistemologies and the Concept of Habitus
The Zambian Context
The Perspective of Zambian Institutions
The Perspective of Chinese Investors
Conclusions
Bibliography
8 Chinese Investors in Zambia and Angola: Motives, Profile, Strategies
Introduction: An Overview of Chinese FDI in Zambia and Angola
Methods
Profile of Chinese Firms in Zambia and Angola
Motivation: Combination of Push and Pull Factors
Push Factors
Pull Factors
Strategies
Interaction with Local Suppliers
Discussion and Conclusion
References
9 Chinese Manufacturing Companies in Zambia: Linkages vs. Enclaves
Introduction: Economic complexity and transformation
Methodological Considerations and Constraints
Zambia’s Manufacturing Sector
Manufacturing in Northern Rhodesi
Manufacturing in Zambia
Non-FBT Manufacturing Sector in Zambia
Chinese Investors in Zambia: Linkages vs. Enclaves
Chinese Manufacturing Bubbles
The Enclave Industry
Structural Economic Disarticulation
Small Size of the Local Economy
Characteristics of Chinese Investors
Conclusions
References
10 Image of Chinese Investments and Long-Term Projects in African and Chinese Media
Introduction
Africa in China, China in Africa: Data-harvesting and Analytical Procedure
China in Africa: Quantitative Analysis
China in Africa: Qualitative Analysis
Angola
Zambia
Africa in China
Summary and Discussion
Bibliography
Correction to: The Political Economy of Chinese FDI and Spillover Effects in Africa
Correction to: D. Kopiński et al. (eds.), The Political Economy of Chinese FDI and Spillover Effects in Africa, International Political Economy Series, https://doi.org/10.1007/978-3-031-38715-9
Index