Comparative Effects of Foreign Direct Investment from China and Other Sources on Africa’s Economic Growth

2020 ◽  
Vol 14 (4) ◽  
pp. 382-408
Author(s):  
Marvellous Ngundu ◽  
Nicholas Ngepah
Keyword(s):  
Direct Investment ◽  
Empirical Studies ◽  
Jel Classification ◽  
Sub Saharan Africa ◽  
The European Union ◽  
Growth Effects ◽  
Solow Growth Model ◽  
The Us ◽  
Sub Saharan ◽  
The Impact

This study examines comparatively the growth effects of FDI from China, the European Union, the US and the rest of Asia in Sub-Saharan Africa for the period 2003–2012. We develop theoretical arguments from the existing literature to show that differences in FDI data sources, methodological and econometric approaches may be part of the explanation for mixed findings of previous empirical studies, precisely on the growth effects of Chinese FDI in Africa. Our results using bilateral FDI data compiled by UNCTAD, the FDI-augmented version of the Solow growth model and the 2SLS estimator indicate a significantly negative direct impact of Chinese FDI on growth in Sub-Saharan Africa while the impact of other FDI sources is statistically insignificant. JEL Classification: B22, E22, F43

China’s Economic Expansion in Sub-Saharan Africa

2018 ◽  
pp. 113-148
Author(s):  
Rhys Jenkins
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Sub Saharan Africa ◽  
Economic Expansion ◽  
Economic Relations ◽  
Different Types ◽  
Sub Saharan ◽  
The Impact ◽  
Engineering Projects

The chapter documents the growth of economic relations between China and Sub-Saharan Africa (SSA), focussing on trade, foreign direct investment, Chinese construction and engineering projects, loans, and aid. The chapter highlights the way in which these are sometimes combined in resources-for-infrastructure deals. It shows the variety of different actors involved in these relationships, including state and non-state actors, on both the Chinese and African sides. It then discusses the role of strategic diplomatic, strategic economic, and commercial objectives in the growing Chinese involvement in SSA. It also addresses questions of African agency and the interests of African actors in economic relations with China. The impact of political, strategic economic and commercial factors on different types of economic relations is then analyzed econometrically.

scholarly journals Transit Migration in Niger

2020 ◽  
Vol 3 (1) ◽  
pp. 80-88
Author(s):  
Sébastien Moretti
Keyword(s):  
Local Level ◽  
Sub Saharan Africa ◽  
The European Union ◽  
Migration Policies ◽  
Transit Migration ◽  
Migratory Routes ◽  
Sub Saharan ◽  
Restrictive Measures ◽  
The Impact

Since 2015, the European Union has stepped up its efforts to curb irregular migration from sub-Saharan Africa through increasingly restrictive measures targeting transit countries along migratory routes, including Niger. While the EU has heralded the success of its policies to limit migration through Niger, EU migration policies have disrupted the economic system in Agadez, where transit migration has been one of the main sources of income and a factor of stability since the end of the Tuareg rebellions in 2009. This article discusses the impact that EU migration policies may have at the local level in countries of transit, and highlights the potential for these policies to fuel tensions between local and national authorities. The Agadez case study illustrates the importance of a multilevel approach to migration governance that takes into full consideration the role of local authorities and local communities in countries of transit.

scholarly journals THE NINTH FORUM OF THE EUROPEAN & DEVELOPING COUNTRIES CLINICAL TRIALS PARTNERSHIP

2019 ◽  
Vol 4 (Suppl 3) ◽  
pp. A1-A1 ◽  
Author(s):  
Pauline Beattie ◽  
Moses Bockarie ◽  
Keyword(s):  
European Union ◽  
United Kingdom ◽  
Clinical Research ◽  
Medical Research Council ◽  
Research Capacity ◽  
Sub Saharan Africa ◽  
The European Union ◽  
Sub Saharan ◽  
Poster Presentations ◽  
The Impact

The EDCTP community meets biennially to share research findings, plan new partnerships and collaborations, and discuss maximising impact from EDCTP-funded research. In 2018, the Ninth EDCTP Forum took place in Lisbon, Portugal, from 17–21 September 2018. The Lisbon meeting was the largest international conference focusing on clinical research on poverty-related infectious diseases in sub-Saharan Africa. It started with a strong commitment, from European and African EDCTP member countries, for a successor programme to EDCTP2 (2014–2024). It provided a platform for the presentation of project results and discussion of progress in clinical research and capacity strengthening in sub-Saharan Africa.The theme of the Ninth Forum was ‘Clinical research and sustainable development in sub-Saharan Africa: the impact of North-South partnerships’. This reflected not only the broader scope of a larger EDCTP research programme but also the growing awareness of the need for global cooperation to prepare for public health emergencies and strengthen health systems. The theme highlighted the impact of Europe-Africa partnerships supporting clinical research and the clinical research environment, towards achieving the sustainable development goals in sub-Saharan Africa.A central topic of the Forum was the discussion of the character and scope of an EDCTP successor programme, which should start in 2021 under the next European Framework Programme for Research and Innovation, Horizon Europe. On 17 September, a high-level meeting on this topic took place immediately before the opening of the Forum1. On 19 September, the plenary session continued this discussion through a panel of representatives of strategic partners. There was consensus on the added value of the programme for Europe and the countries in sub-Saharan Africa and political commitment to a successor programme. Poverty-related infectious diseases and a partnership approach will remain central to the programme. There was also a general awareness that all participating countries would need to engage more strongly with a successor programme, both in its governance and in their financial contributions to its objectives.The Forum hosted 550 participants from more than 50’countries. The programme consisted of keynote addresses by policy makers, research leaders, and prominent speakers from Europe and Africa in 5 plenary presentations. There were 9 symposia, 45 oral presentations in parallel sessions, and 74 electronic poster presentations. Abstracts of the plenary, oral and poster presentations are published in this supplement to BMJ Global Health.EDCTP is proud of its contribution to strengthening clinical research capacity in Africa, with more than 400 postgraduate students and 56 EDCTP fellows supported under the first EDCTP programme. The second programme developed a comprehensive fellowship scheme. More than 100 EDCTP fellows (former and current) participated in a one-day pre-conference to discuss the further development of our Alumni Network launched in 2017. The Forum also offered scholarships to many early and mid-career researchers from sub-Saharan Africa and Europe. With the support of the European Union, EDCTP member countries and sponsors, they were able to present results of their studies and meet colleagues from Africa and Europe.The Forum also provided the appropriate platform for recognising individual and team achievements through the four EDCTP 2018 Prizes. With the support of the European Union, EDCTP recognised outstanding individuals and research teams from Africa and Europe. In addition to their scientific excellence, the awardees made major contributions to the EDCTP objectives of clinical research capacity development in Africa and establishing research networks between North and South as well as within sub-Saharan Africa.Dr Pascoal Mocumbi Prize Professor Souleyman Mboup (Professor of Microbiology, University of Cheikh Anta Diop, Dakar; Head of the Bacteriology-Virology Laboratory of CHU Le Dantec, Dakar; and President of IRESSEF, Senegal) was recognised for his outstanding achievements in advancing health research and capacity development in Africa.Outstanding Research Team Prize The prize was awarded to the team of the CHAPAS (Children with HIV in Africa – Pharmacokinetics and acceptability of simple antiretroviral regimens) studies, led by Professor Diana Gibb (MRC Clinical Trials Unit, United Kingdom).Outstanding Female Scientist Prize The prize was awarded to Professor Gita Ramjee (Chief Specialist Scientist and Director of the HIV Prevention Research Unit of the South African Medical Research Council, Durban, South Africa) for her outstanding contributions to her field.Scientific Leadership Prize The prize was awarded to Professor Keertan Dheda (Head of the Centre for Lung Infection and Immunity and Head of the Division of Pulmonology at Groote Schuur Hospital and the University of Cape Town, South Africa) for his research contributions and leadership.Partnership is at the core of the EDCTP mission. In the year before the Forum, Nigeria and Ethiopia were welcomed as the newest member countries of the EDCTP Association, while Angola became an aspirant member. Partnership was also demonstrated by the many stakeholders who enriched the programme by organising scientific symposia, collaborative sessions and workshops. We thank our sponsors Novartis, Merck, the European Union, the Federal Ministry of Education and Research (Germany), the Institute of Health Carlos III (Spain), the National Alliance for Life Sciences and Health (France), the Medical Research Council (United Kingdom), the Swedish International Development Agency (Sweden), ClinaPharm (African CRO), the Deutsche Stiftung Weltbevölkerung (Germany), The Global Health Network (United Kingdom), PATH, and ScreenTB. We gratefully acknowledge the support of our partners and hosts of the Forum, the Portuguese Foundation for Science and Technology and the Calouste Gulbenkian Foundation.The tenth EDCTP Forum will take place in sub-Saharan Africa in 2020.

scholarly journals Impact of Foreign Direct Investment on Human Development Index in South Africa

2020 ◽  
Vol 7 (1) ◽  
pp. 58
Author(s):  
Marius KOUNOU
Keyword(s):  
South Africa ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Poverty Reduction ◽  
Time Series Data ◽  
Empirical Studies ◽  
Sub Saharan Africa ◽  
Series Data ◽  
Long Run ◽  
The Impact

Many studies have been done on the impact of Foreign Direct Investment on economic growth and poverty reduction in developing countries, however there is a lack of empirical studies of FDI impact on poverty reduction in South Africa which is the second largest FDI recipients of one of the poorest regions in the world (sub Saharan Africa). We used time series data from 1990 to 2017 with the ARDL method to evaluate the impact of FDI Inflow on HDI in the country. The results show that FDI inflow has no significant impact on HDI both in the short run and long run on the country. This result is consistent with findings reported in the literature.

scholarly journals Institutions, credit markets and development in Sub-Saharan Africa

2016 ◽  
Vol 11 (4) ◽  
pp. 169-178 ◽  
Author(s):  
Nyasha Mahonye ◽  
Kwaramba Marko ◽  
Coulibaly Amina
Keyword(s):  
Economic Development ◽  
Fixed Effects ◽  
Credit Market ◽  
Jel Classification ◽  
Sub Saharan Africa ◽  
Credit Access ◽  
Level Of Economic Development ◽  
Sub Saharan ◽  
Development Outcomes ◽  
The Impact

This paper reviews the evidence on the impact of institutions and credit market on development outcomes. The study uses panel data techniques and the data is from 1995 to 2013. The results shows that the better the institutions, the higher the credit extension to the private sector and higher the level of economic development. This applies also to credit market. If credit market functions well, development is bound to increase. This has important implications for policy in Africa. Governments should aim to improve their institutions to increase the economic development of their countries. Also, improvement in markets, especially, credit access will increase development. Keywords: institutions, credit market, fixed effects, development and Africa. JEL Classification: E5, C23, O16, G1, G21

scholarly journals Trade and Manufacturing in Sub-Saharan Africa

2020 ◽  
Vol 9 (3) ◽  
pp. 67-75
Author(s):  
A. Désiré Adom ◽  
Keyword(s):  
Manufacturing Sector ◽  
Essential Feature ◽  
Trade Openness ◽  
Jel Classification ◽  
Sub Saharan Africa ◽  
Comparative Approach ◽  
Vector Auto Regression ◽  
Sub Saharan ◽  
The Impact ◽  
Auto Regression

Trade and manufacturing have gained momentum in economic debates across Africa as of late. In particular, this study attempts to shed light on the impact of trade openness on manufacturing in Sub-Saharan Africa (SSA). Using a dual comparative approach made of vector auto-regression (VAR) and general method of moments (GMM) applied to 36 countries, results indicate that trade openness impedes the development of manufacturing. The negative effect of trade openness, which remains very limited in scope notwithstanding, underscores an essential feature regarding the entire manufacturing sector in SSA. Indeed, the idiosyncrasies of this sector – namely, underdevelopment, nascent industries and lack of diversification, among others − severely undermine the resilience of countries in SSA as they face heightened international competition. Keywords: Trade openness, Manufacturing, Sub-Sahara Africa, Vector auto regression. JEL Classification: F14, F41, F60

scholarly journals "Inclusive entrepreneurship: A critical look at the inclusion of persons with disabilities"

2020 ◽  
Vol 08 (02) ◽  
Author(s):  
JoAnn Rolle ◽  
◽  
Jacqueline Kisato ◽  
Patricia Rock ◽  
Jacqueline Winstanley ◽  
...  
Keyword(s):  
Gender Gap ◽  
Empirical Studies ◽  
Sub Saharan Africa ◽  
Economic Empowerment ◽  
Persons With Disabilities ◽  
Quantitative And Qualitative Research ◽  
The Usa ◽  
Sub Saharan ◽  
The Uk ◽  
The Impact

There have been many definitions of inclusion as it relates to the underserved and economic empowerment through entrepreneurship, but few of these definitions have focused specifically on persons with disabilities. Purpose of Research- Many studies have looked at increasing economic empowerment through entrepreneurship for women, minorities, youth, seniors, immigrants, and rural residents throughout literature. The gap is, however, the lumping of all these categories has led to overlooking of specific challenges faced by persons with disabilities. This oversight on economic inclusivity has been magnified especially during the Coronavirus pandemic. Design/ Methodology- This study reviews literature in search of evidence to document programs, projects, and policies used in both developed and developing countries to address the overall challenges of inclusive entrepreneurship. The paper explores several entrepreneurial studies on the inclusivity of business ecosystems in the UK, USA, Sub-Saharan Africa, and India. It highlights public-private partnerships and impact investment as it relates to challenges in increasing inclusivity in businesses. Results/Findings- It was evident that there are many government policies and programs to support entrepreneurship in the USA, UK, Sub-Saharan Africa, and India, but limited empirical studies have been documented to evaluate the impact of these policies on entrepreneurship for persons with disabilities. Some of the challenges cited in the literature included gender gap, cost of doing business, and the likelihood to be funded to launch a business as common dominant factors reported on the issue of inclusion. Practical implications and Conclusions-The authors find that there are much more empirical research and analyses warranted in the study of entrepreneurship inclusion and empowerment of the underserved, especially for persons with disabilities. A continue reviewing literature and use quantitative and qualitative research such that additional programs, projects, and policies may be developed to serve all inclusively.

The relationships between foreign direct investment, domestic savings, domestic investment, and economic growth: The case of Sub-Saharan Africa

2016 ◽  
Vol 38 (2) ◽  
pp. 193-217
Author(s):  
Nurudeen Abu ◽  
Mohd Zaini Abd Karim
Keyword(s):  
Economic Growth ◽  
Foreign Direct Investment ◽  
Foreign Investment ◽  
Direct Investment ◽  
Sub Saharan Africa ◽  
Domestic Investment ◽  
Long Run ◽  
Domestic Savings ◽  
Sub Saharan ◽  
The Impact

Despite the large body of research on foreign direct investment, domestic savings, domestic investment and economic growth, little has been done to investigate the relationships among them. This paper examines the relationships among foreign direct investment, domestic savings, domestic investment, and economic growth in 16 Sub-Saharan African (SSA) countries from 1981 to 2011, using various techniques. The results of VAR estimation and Granger causality tests demonstrate that there is a unidirectional causality from foreign investment to growth and domestic investment, savings to growth, and a bidirectional causality between growth and domestic investment as well as savings and domestic investment. The results of the variance decomposition analysis reveal that foreign investment exerts more influence on growth. Savings are more important in explaining domestic investment, growth is more important in explaining foreign investment, and domestic investment is more important in explaining savings. Based on the results of the impulse response analysis, there is a positive unidirectional causality from foreign investment to growth and domestic investment, savings to growth, and a positive bidirectional causality between savings and domestic investment, both in the short and long-run. Although there is feedback causality between domestic investment and growth, the impact from investment is negative in the short-run and positive in the long-run. Thus, policies that encourage foreign investment and savings are required to boost domestic investment and promote growth, and policies that raise domestic investment will lead to higher savings and growth in SSA.

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