The Power of the Chinese Dragon Implications for African Development

This important reader brings together published articles from Palgrave's journal The European Journal of Development Research on the development between China and Africa as well as emerging national economies in the BRICs group. Topics include trade relat

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Palgrave Readers in Economics This series brings together previously published papers by leading scholars to create authoritative and timely collections that contribute to economic debate across a range of topics. These volumes are aimed at graduate level students and beyond, to provide introductions to and coverage of key areas across the discipline. Titles include: Spencer Henson and O. Fiona Yap (editors) THE POWER OF THE CHINESE DRAGON Implications for African Development and Economic Growth Hercules Haralambides (editor) r PORT MANAGEMENT Josef Brada (editor) r CHINA’S ECONOMIC DEVELOPMENT Past and Present

Palgrave Readers in Economics Series Standing Order ISBN 978–1–137–47589–3 (Hardback) (outside North America only) You can receive future titles in this series as they are published by placing a standing order. Please contact your bookseller or, in case of difficulty, write to us at the address below with your name and address, the title of the series and the ISBN quoted above. Customer Services Department, Macmillan Distribution Ltd, Houndmills, Basingstoke, Hampshire RG21 6XS, England

The Power of the Chinese Dragon Implications for African Development and Economic Growth Edited by

Spencer Henson University of Guelph, Canada

and

O. Fiona Yap The Australian National University, Australia

Selection, introduction and editorial matter © Spencer Henson and O. Fiona Yap 2016 Individual chapters © European Association of Development Research and Training Institutes 2016 Softcover reprint of the hardcover 1st edition 2016 978-1-137-57448-0 All rights reserved. No reproduction, copy or transmission of this publication may be made without written permission. No portion of this publication may be reproduced, copied or transmitted save with written permission or in accordance with the provisions of the Copyright, Designs and Patents Act 1988, or under the terms of any licence permitting limited copying issued by the Copyright Licensing Agency, Saffron House, 6–10 Kirby Street, London EC1N 8TS. Any person who does any unauthorized act in relation to this publication may be liable to criminal prosecution and civil claims for damages. The authors have asserted their rights to be identified as the authors of this work in accordance with the Copyright, Designs and Patents Act 1988. First published 2016 by PALGRAVE MACMILLAN Palgrave Macmillan in the UK is an imprint of Macmillan Publishers Limited, registered in England, company number 785998, of Houndmills, Basingstoke, Hampshire RG21 6XS. Palgrave Macmillan in the US is a division of St Martin’s Press LLC, 175 Fifth Avenue, New York, NY 10010. Palgrave Macmillan is the global academic imprint of the above companies and has companies and representatives throughout the world. Palgrave® and Macmillan® are registered trademarks in the United States, the United Kingdom, Europe and other countries. ISBN 978-1-349-57765-1 ISBN 978-1-137-57449-7 (eBook) DOI 10.1007/978-1-137-57449-7 This book is printed on paper suitable for recycling and made from fully managed and sus