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Africa's Silk Road : China and India's New Economic Frontier :  China and India's New Economic Frontier - Harry G. Broadman

Africa's Silk Road : China and India's New Economic Frontier

China and India's New Economic Frontier

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Africa's Silk Road examines the different facets of China and India's South-South commerce with Africa. The increasing commercial exchange between Asia and Africa is about far more than natural resources. The book assesses how these new trade flows are opening the way for Africa to become not only a processor of commodities, but also a competitive supplier of goods and services in the global economy. The authors also look into significant imbalances in these emerging commercial relationships. They suggest a series of reforms to address these, such as the 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; improvements in trade facilitation mechanisms to decrease transactions costs; and reforms that leverage linkages between investment and trade. These reforms would allow African businesses to participate in global production networks that investment by Chinese and Indian firms can generate.

Forewordp. xix
Acknowledgmentsp. xxi
Acronyms and Abbreviationsp. xxiii
Overviewp. 1
Connecting Two Continentsp. 1
Conclusions and Policy Implicationsp. 33
Endnotesp. 40
Connecting Two Continentsp. 41
Historical Contextp. 41
Scope and Methodology of the Studyp. 43
Structure of the Studyp. 47
Data Sourcesp. 52
Diagnostic Trade Integration Studiesp. 57
Endnotesp. 58
Performance and Patterns of African-Asian Trade and Investment Flowsp. 59
Introductionp. 59
Africa and Asia in the Global Economyp. 60
Patterns of Merchandise Trade Flows Between Africa Asiap. 69
Africa's Pattern of Merchandise Trade with China and Indiap. 79
Trade in Services Between Africa and Asiap. 88
Foreign Direct Investment Between Africa and China and Indiap. 91
Key Elements Shaping African-Asian Trade Flowsp. 104
Conclusions and Policy Implicationsp. 112
p. 114
Endnotesp. 126
Challenges "At the Border": Africa and Asia's Trade and Investment Policiesp. 129
Introductionp. 129
Domestic Trade and Investment Policy Regimesp. 130
International Trade and Investment Agreementsp. 165
Conclusions and Policy Implicationsp. 179
Endnotesp. 183
"Behind-the-Border" Constraints on African-Asian Trade and Investment Flowsp. 187
Introductionp. 187
Performance of Firms Behind-the-Borderp. 188
Role of Domestic Competition in Promoting International Integrationp. 191
Role of Chinese and Indian Firms inAffecting Africa's Competition and International Integrationp. 203
Sources of Competition in Africa's Marketp. 209
Conclusions and Policy Implicationsp. 226
p. 230
Endnotesp. 231
"Between-the-Border" Factors in African-Asian Trade and Investmentp. 235
Introductionp. 235
Remedies for Imperfections in the Market for Informationp. 237
Trade Facilitation in African-Asian Commerce: Transport, Logistics, and Financep. 256
Transfers of Technology and Skillsp. 272
Conclusions and Policy Implicationsp. 282
p. 286
Endnotesp. 287
Investment-Trade Linkages in African-Asian Commerce: Scale, Integration, and Production Networksp. 289
Introductionp. 289
Determinants of Linkages Between Trade and Foreign Direct Investmentp. 292
Evidence on FDI-Trade Linkages ofChinese and Indian Firms in Africap. 308
Meeting the Challenge of Network Trade: What Are Africa's Export Opportunities Presented by Chinese and Indian Foreign Investment?p. 328
Conclusions and Policy Implicationsp. 349
Endnotesp. 357
Bibliographyp. 361
Indexp. 377
Table of Contents provided by Ingram. All Rights Reserved.

ISBN: 9780821368350
ISBN-10: 0821368354
Audience: Professional
Format: Paperback
Language: English
Number Of Pages: 384
Published: January 2007
Country of Publication: US
Dimensions (cm): 22.9 x 15.2  x 2.54
Weight (kg): 0.78