Africa trade and investment with BRIC nations in a changing economic landscape: the role of China
Houdou Ndambendia
MPRA Paper from University Library of Munich, Germany
Abstract:
This paper addresses the trade and investment cooperation between African states and BRIC countries in a dynamic economic environment. No doubt that given it size and open up strategy, China is playing an outstanding role in this cooperation. It appears as the top trading and investor partner among BRIC countries with Africa. Trade is mainly dominated by raw materials coming from Africa to BRIC and manufactured products going to Africa from BRIC. China has the most geographically diversified investment in Africa than other BRIC countries. However, Primary and tertiary sectors are the most targeted sectors for FDI to the continent, leaving behind sector with more labor content. Some policy recommendations are proposed in order for this cooperation to achieve the long term development goal of Africa.
Keywords: trade; investment; FDI; Africa; BRIC (search for similar items in EconPapers)
JEL-codes: F41 F63 O55 (search for similar items in EconPapers)
Date: 2015
New Economics Papers: this item is included in nep-afr and nep-int
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:71675
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