India and China in Africa : A comparative perspective of the oil industry, Hardback Book

India and China in Africa : A comparative perspective of the oil industry Hardback

Part of the Routledge Series on India-China Studies series

Description

With their phenomenal growth rates, India and China are surging ahead as world economic powers.

Due to increasing instability in the Middle East, they have turned to Africa to procure oil to fuel their industrialisation process.

Africa's economy stands to be impacted in various ways due to the increasing interaction with these `Asian Giants'.

This book analyses the acquisition of oil blocks by Indian and Chinese oil corporations in eleven West African countries.

It describes the differences in how India and China mobilise oil externally to meet their respective goals and objectives.

The book examines the rate of return on capital, rate of interest on loans and the ease of availability of loans, the difference in the level of technology and ability to acquire technology, project management skills, risk aversion, valuation of the asset and the difference in the economic, political and diplomatic support received by the Chinese and Indian oil companies from their respective governments.

It is argued that the difference in the relative economic and political power of India and China accounts for the ability of Chinese oil companies to outbid their Indian competitors and/or be preferred as partners by international oil companies.

Containing interviews from Indian and Chinese oil company executives, government officials, industry officials, former diplomats and scholars and academics from India, China and the UK, this book makes a valuable contribution to existing literature on India, China and the oil industry in West Africa.

It will be a valuable resource for academics in the field of International Relations, Foreign Policy Analysis, Asian Business and Economics.

Information

  • Format: Hardback
  • Pages: 280 pages, 4 Line drawings, black and white; 35 Tables, black and white; 4 Illustrations, black and
  • Publisher: Taylor & Francis Ltd
  • Publication Date:
  • Category: Industry & industrial studies
  • ISBN: 9781138121935

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Also in the Routledge Series on India-China Studies series