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African Bargaining Power with China: Foreign Investment and Rising Influence

African Bargaining Power with China: Foreign Investment and Rising Influence

Hardcover

Series: African Governance

Business GeneralGeneral Political Science

ISBN10: 1032312491
ISBN13: 9781032312491
Publisher: Routledge
Published: Jun 26 2023
Pages: 200
Weight: 1.15
Height: 0.63 Width: 6.14 Depth: 9.21
Language: English

This book provides a detailed account of the political economy around investment deal negotiations between African governments and private Chinese investors.

The book draws on evidence from experiments and hundreds of interviews with policy makers and Chinese investors across Nigeria, South Africa, Kenya, Ethiopia and Tanzania. It shows that governments of authoritarian or one-party dominant states, which are among the top-receivers of Chinese investments, are able to easily and successfully act collectively to impose human capital and technology transfer requirements. The book argues that, rather than treating African countries as price-takers in the face of increasing Chinese influence in the continent, we should instead recognise the significant bargaining leverage that many African governments have to influence deal conditions, especially with smaller private Chinese companies. It demonstrates that several African governments can instead act as price-setters and that the success of the rising Chinese presence in Africa, and whether this leads to positive or negative development outcomes, fundamentally depends on the development strategies that individual African governments decide on.

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Seyfried, Christina

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Business General