China's Finance in Africa : What and How Much? Paperback / softback
by Evelyn F. (Pennsylvania State University) Wamboye
Part of the Elements in the Economics of Emerging Markets series
Paperback / softback
Description
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.
Information
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Out of stock
- Format:Paperback / softback
- Pages:75 pages, Worked examples or Exercises
- Publisher:Cambridge University Press
- Publication Date:04/03/2021
- Category:
- ISBN:9781108789790
Information
-
Out of stock
- Format:Paperback / softback
- Pages:75 pages, Worked examples or Exercises
- Publisher:Cambridge University Press
- Publication Date:04/03/2021
- Category:
- ISBN:9781108789790
