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Full Description
For years economists have spoken of 'Africa rising', and despite the global financial crisis, Africa continues to host some of the fastest growing economies in the world.
Africa's Shadow Rise however argues that the continent's apparent economic 'rise' is essentially a mirage, driven by developments elsewhere - most particularly the expansion in China's economy. While many African countries have experienced high rates of growth, much of this growth may prove to be unsustainable, and has contributed to environmental destruction and worsening inequality across the continent. Similarly, new economic relationships have produced new forms of dependency, as African nations increasingly find themselves tied to the fortunes of China and other emerging powers.
Drawing on in-depth fieldwork in southern Africa, Africa's Shadow Rise reveals how the shifting balance of global power is transforming Africa's economy and politics, and what this means for the future of development efforts in the region.
Shortlisted for the Business Council for Africa's African Business Book of the Year 2023!
Contents
1. Africa Rising: Rhetoric or Reality?
2. Unpacking Sino-African Power Relations: Is Agency the Appropriate Analytical Lens?
3. China's Interests and Impacts in Southern Africa
4. Towards Convergence and Cooperation in the Global Development Finance Regime: The End of African Agency?
5. China's Impact on Local Economic Development: The Zambian Case
6. Resource-based Development via Local Content Policies? Institutional Impediments to Resource-led Development in Zambia
7. Debt Trap Diplomacy or Structural Transformation? The Belt and Road Initiative in Africa
Conclusion
