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时间:2020-03-28
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1、WPS6311PolicyResearchWorkingPaper6311PublicDisclosureAuthorizedPrivateChineseInvestmentinAfricaMythsandRealitiesPublicDisclosureAuthorizedXiaofangShenPublicDisclosureAuthorizedTheWorldBankPublicDisclosureAuthorizedDevelopmentEconomicsVicePresidencyJanuary2013PolicyResearchWorkingPaper6311
2、AbstractPrivateChineseoutboundinvestment,notaswell-trendistheincreasedpressureofindustrialrestructuringknownasgovernment-ledinvestment,offersspecialincoastalChina,aforcethatdrivessomelabor-intensiveopportunitiesandchallengesforAfricatoday.Thefirmstorelocatetootherpartsofthedevelopingworld
3、,significanceofChineseprivate-sectorinvestmentisincludingAfrica.AfricanhostcountrygovernmentscanalreadyvisibleintheburgeoningmanufacturingsectorrespondtothisphenomenonwithproactivedevelopmentinsomepartsofAfrica,andthetrendwillcontinuetopoliciesandstrategiestomaximizeprivateChinesegrowinth
4、enearfuture.Theunderlyingforcebehindthisinvestmentforthebenefitoftheirowneconomies.ThispaperisaproductoftheDevelopmentEconomicsVicePresidency.ItispartofalargereffortbytheWorldBanktoprovideopenaccesstoitsresearchandmakeacontributiontodevelopmentpolicydiscussionsaroundtheworld.PolicyResearc
5、hWorkingPapersarealsopostedontheWebathttp://econ.worldbank.org.Theauthormaybecontactedatxshen2@live.johnshopkins.edu.ThePolicyResearchWorkingPaperSeriesdisseminatesthefindingsofworkinprogresstoencouragetheexchangeofideasaboutdevelopmentissues.Anobjectiveoftheseriesistogetthefindingsoutqui
6、ckly,evenifthepresentationsarelessthanfullypolished.Thepaperscarrythenamesoftheauthorsandshouldbecitedaccordingly.Thefindings,interpretations,andconclusionsexpressedinthispaperareentirelythoseoftheauthors.TheydonotnecessarilyrepresenttheviewsoftheInternationalBankforReconstructionandDevel
7、opment/WorldBankanditsaffiliatedorganizations,orthoseoftheExecutiveDirectorsoftheWorldBankorthegovernmentstheyrepresent.ProducedbytheResearchSupportTeamPrivateChineseInvestmentinAfrica:MythsandRealitiesBy1XiaofangShen,PhDJohnsHopkinsUniversity,SchoolofAdvancedIntern
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