Full Description
This book provides unique insight into Chinese foreign direct investment (FDI) in Africa. With a particular focus on Ethiopia, it examines the impact of FDI on Africa's industrial and manufacturing sector and the potential for productive FDI to advance industrialisation and create jobs for a large and young labour market. The creation of government policies and an institutional framework for the management of FDI is also examined, alongside lessons that can be learnt from policies that were less successful.
This book offers a comparative perspective on FDI to highlight the forms of government intervention that maximise the economic benefits of FDI. It will be relevant to students, researchers, and policymakers interested in development economics and the political economy.
Contents
1. Introduction.- 2. Analytical framework: Theoretical, empirical, and methodology.- 3. Chinese FDI and industrialisation: The case of Ethiopia.- 4. Chinese FDI in the textile and apparel sector: A dynamic model?.- 5. Chinese FDI in the leather sector: Mixed outcomes.- 6. A comparative perspective and synthesis of Chinese manufacturing FDI.- 7. Conclusions: Performance of Chinese FDI in Africa and policy challenges.
