As a result of chronically deficient demand in the aftermath of the 2008-2009 financial and economic crises, global imbalances are on the rise again, as is the risk of protectionism. The US accuses China of undervaluing its currency to support its industry. The situation could lead to an “international currency war”. What does this herald for African countries? If history … [Read more...] about CURRENCY WAR CLOUDS OVER AFRICA
Archives for November 2010
CHINA’S GROWN ENGAGEMENT IN AFRICA WITH SANOU MBAYE
Africa Business News, Fri, 19 Nov 2010 A new book published this week examines China's grown engagement in Africa from the perspective of both African and Chinese civil society. ABN’s London Correspondent Carina Kamel speaks with Sanou Mbaye, a Senegalese economist, who is one of the authors of the book. http://vimeo.com/18035200 Related articles The book : [intlink … [Read more...] about CHINA’S GROWN ENGAGEMENT IN AFRICA WITH SANOU MBAYE
Chinese and African Perspectives on China in Africa
This new book in the Pambazuka Press 'China and Africa' series explores China's deepening engagement in Africa from the rarely heeded perspectives of African and Chinese civil society organisations. Description The deepening engagement of China in Africa since the end of the cold war has led to debates about the evolving nature of this relationship. Yet the focus of analysis … [Read more...] about Chinese and African Perspectives on China in Africa
Currency war : the stakes for Africa
A weaker exchange rate makes a country’s exports cheaper, potentially boosting a key source of growth for economies battling to find growth, as they emerge from the 2008-2009 credit crunch and economic crisis suffering from chronically deficient demand. Global imbalances are on the rise again, as is the risk of protectionism. Western countries are battling to keep their … [Read more...] about Currency war : the stakes for Africa
CHINA-AFRICA COOPERATION – THE STAKES
China-Africa Civil Society Dialogue : Development Challenges in Africa and the Chinese Development Experience Beijing, P.R. China, October 18th -19th , 2010 For most of the past five decades African countries were locked out of international capital markets. As a result, they have largely been spared the twin woes of the 2008 financial turmoil and subsequent world economic … [Read more...] about CHINA-AFRICA COOPERATION – THE STAKES