Authors: Isaac Ofosu Debrah; Thomas Yeboah; James Boafo
Addresses: Center for Democratic Development (CDD-Ghana), #95 Nortei Ababio Loop, North Airport Residential Area, Accra, Ghana ' Centre of Development Studies, University of Cambridge, UK ' School of Social Science, The University of Queensland, Brisbane, Australia
Abstract: This paper examines the increasing partnership between emerging donors particularly China and African countries. We show that the near shift from Western development model to that of emerging donors (China) on the part of many African countries has yielded mutual benefits and at the same time demonstrating that the nature of some of these engagements portend dire consequences for Africa's future. While African nations continue to benefit through huge FDI flows, infrastructure development and diplomatic relations, China also continues to benefit through expanded access to market and exploitation of the vast mineral and energy resources to satisfy its national development goals. These forms of engagement may initially yield positive results; however, it may affect the attainment of sustained development in Africa if limited attention is paid to manufacturing. The paper concludes by suggesting some pathways for African countries to leverage this Chinese partnership in the context of post-2015 development agenda.
Keywords: aid; emerging donors; China; Africa; FDI flows; foreign direct investment; infrastructure development; diplomatic relations; market access; mineral resources; energy resources; national development goals.
African Journal of Economic and Sustainable Development, 2015 Vol.4 No.4, pp.308 - 327
Received: 02 May 2015
Accepted: 04 May 2015
Published online: 25 Oct 2015 *