How China is Reshaping the Global Economy

Author(s):  
Rhys Jenkins

The growth of China and its re-emergence as a major economic power has been a key feature of globalization in the twenty-first century. China has become an increasingly significant actor in the global economy, and this is likely to continue in the foreseeable future. The implications of this for Sub-Saharan Africa (SSA) and Latin America and the Caribbean (LAC) have been a source of major debate. This book examines the arguments drawing on a growing body of research on China’s economic involvement in SSA and LAC. It begins by considering the process of economic reform in China from the late 1970s that provided the basis for China’s growing integration with the global economy. It considers four aspects of this integration: the growth of China as a global manufacturing centre, its impact on global commodity markets, the overseas expansion of Chinese firms as part of the ‘Go Global’ policy, and the increased role of China in global capital flows. Discussion of China’s impact on SSA and LAC is characterized by disagreements over both the extent of its presence and the underlying drivers. The book documents the different forms of Chinese economic involvement and clarifies some of the confusion that has arisen over the extent of China’s presence. It then analyzes the economic, social, political, and environmental impacts of China on both regions, to show a much more varied picture than the one that is often presented. These impacts depend to a significant extent on local conditions and actors, and cannot simply be read off as a consequence of Chinese expansion.

Author(s):  
Rhys Jenkins

By way of conclusion, this chapter focusses on two issues. The first is how China’s relations with Sub-Saharan Africa (SSA) and Latin America and the Caribbean (LAC) are likely to be affected in the future by recent changes in the Chinese economy and its internationalization. Since 2012, the Chinese economy has been characterized by a ‘New Normal’ of slower economic growth and a rebalancing of the economy towards increased domestic consumption and less reliance on investment and exports. China also launched the One Belt, One Road (OBOR) initiative in 2013, which seeks to link China with other Asian countries and Europe through major investment projects. The second issue concerns the continuing tensions that derive from the asymmetric economic relations between China and the two regions and whether steps will be taken to resolve them.


Author(s):  
Rhys Jenkins

This is a brief introduction to the re-emergence of China as a global economic power, emphasizing the role played by changes in the global economy from the 1970s and the internal reforms in China from the end of the 1970s. It describes briefly the importance of economic relations with China for Sub-Saharan Africa (SSA) and Latin America and the Caribbean (LAC), and introduces contrasting views of the impact of China on SSA and LAC. It emphasizes a framework which highlights both the direct and indirect impacts of China on the two regions, and identifies both positive and negative effects. It provides an outline of the main parts and chapters of the book.


Author(s):  
Matthijs Kalmijn

This chapter examines differences in the families of ethnic minority and majority youth in four European countries (England, Germany, the Netherlands and Sweden). The focus is on the degree to which the father is absent, as indicated by family structure and the strength of the father–child tie. To explain differences, we use three perspectives: a migration perspective, an economic perspective and a cultural perspective. Considerable heterogeneity is observed: some groups have much higher levels of father absence than the majority (sub-Saharan Africa, the Caribbean and Latin America), whereas others have somewhat lower levels of father absence (Middle East, North Africa, South Asia). Cultural explanations partly explain the lower prevalence of father absence in some groups while suppressing the higher prevalence of father absence in other groups. Economic disadvantage, in contrast, partly explains the higher prevalence of father absence in some groups while suppressing the lower prevalence of father absence in others.


Author(s):  
Yolaine Frossard de Saugy

Tunisia is often described as the outlier of the Arab Spring, the one case in which a form of political transition decidedly happened. The fact that this transition first led to the rule of the Islamist party Ennahda has reignited long-standing debates on the role of Islam in politics, the relationship between religion and democracy, and the consequences of their potential incompatibility for the future of Tunisian democracy. A sizeable literature has attempted to address these topics over the years, but it is of little help when trying to understand the events of the Arab Spring and the Tunisian transition, especially when it comes to their impact on the Islamist parties themselves. Borrowing from Villalón’s study of Islam and politics in sub-Saharan Africa, this paper argues that, instead of considering whether Tunisian actors fit within a preconceived notion of democracy, we should consider the process of political bargaining itself as democratic; focusing on the substance of democracy rather than its form sheds new light on the Tunisian case and helps explain various outcomes including the progressive liberalization of Islamist parties and the gradual but distinctive flourishing of democracy in the Tunisian context.


Author(s):  
Ezra Ondari-Okemwa

A free flow of ideas and information is vital to the process of scientific inquiry, and in turn to the ability to address economic, environmental and social development issues both in the sub–Saharan Africa region and globally. Most of the challenges facing scholarly publishing in sub–Saharan Africa are global and do not respect national boundaries. Scholarly publishing enables research findings of scholars to cross international boundaries to provide strong, positive connections between individual scholars, institutions and nations. Such exchanges contribute to the expansion of the global knowledge base to which the sub–Saharan Africa region is linked. Participation in the global arena through scholarly communication may enable the sub–Saharan Africa region to have access to knowledge and information it needs to succeed in the global economy that is being digitized rapidly. Scholarly publishing is as a result of research and innovation which may improve the quality of knowledge and information produced by scholars in the sub–Saharan Africa region. This paper explores the challenges and opportunities of scholarly publishing in sub–Saharan Africa in the twenty–first century. The paper also proposes ways of capitalising on the vast opportunities of enhancing knowledge production and dissemination in sub–Saharan Africa through scholarly publishing in the twenty–first century. An analysis of publication records of sub–Saharan Africa between 1997 and 2007 in the Thompson Scientific was conducted. There are many challenges confronting scholarly publishing in sub–Saharan Africa. The challenges include technological, socio–political, economic and environmental. The twenty–first century brings with it opportunities that may enhance sub–Saharan Africa’s visibility of scholarly publishing.


Author(s):  
Peter Kayode Oniemola ◽  
Jane Ezirigwe

To achieve universal energy access will attract huge capital investments. If sub-Saharan Africa is to realize anything close to the ambitious goals set for its energy access, then new actors, innovative funding mechanisms and sustainable technologies will have to be attracted. Finance is needed for activities such as rural electrification, clean cooking facilities, diesel motors and generators, other renewable energy technologies, oil and gas infrastructures, etc. Finance is also needed in research and development of suitable technologies and funding options as well as investment in the capacity to formulate and implement sound energy policies. This chapter examines the varied financing options for energy access in sub-Saharan Africa. It argues that with appropriate laws in place and effective mechanism for implementation, African countries can significantly engage private sector financing, international financial institutions and foreign donors. The role of the law here will be in creating an enabling environment for financing.


In the chapter, Haq gives a snapshot of the human progress of South Asia, comparing it with other regions. He was worried about the region beginning to lag behind all other regions, including Sub-Saharan Africa. He highlights the role of the two largest economies in the region, India and Pakistan, in financing the major investment in education, health and nutrition for the people. Haq advocates some fiscal and monetary reforms are suggested to invest in human development.


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