Archive for November, 2010

Guerre des devises

CURRENCY WAR CLOUDS OVER AFRICA

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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 is any guide, we More >

Sanou Mbaye at ABN

CHINA’S GROWN ENGAGEMENT IN AFRICA WITH SANOU MBAYE

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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.

Related articles

The book : Chinese and African Perspectives on China in Africa

Article : More >

Chinese and African Perspectives on China in Africa

Chinese and African Perspectives on China in Africa

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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 has largely been More >

Currency War

Currency war : the stakes for Africa

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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 exchanges rates low in More >

china-africa01

CHINA-AFRICA COOPERATION – THE STAKES

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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 downturn. The More >

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