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China's Finance in Africa

China's Finance in Africa : What and How Much? アフリカにおける中国の金融

・ISBN 978-1-108-78979-0 paper GB£ 18.00

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電子版あり 大学・学術機関向け電子ブック(eBook)ISBN 978-1-108-89335-0

著者・編者Wamboye, Evelyn F.,
シリーズElements in the Economics of Emerging Markets
出版社(Cambridge U. Pr., UK)
出版年月2021.01
ページ数75 pp.
言語ENG
ニュース番号<660-326 660-P1259>

解説

This Element provides a detailed analysis of official finances from China to Africa with special attention to the question of Africa's foreign finances policy. The findings reveal that Africa has an infrastructure gap and Chinese finances are largely used to fund infrastructure projects. However, the majority of the funds are loans, which are mortgaged on Africa's natural resources. In addition, Chinese firms are the ones implementing the projects, and much of the raw material and labor is imported from China. All these calls for Africa to institute a coherent foreign finances policy that ensures African countries fully benefit from these finances.