Journal ArticleDOI
Will the World Bank’S Vision Materialize? Relocating China’s Factories to Sub‐Saharan Africa, Flying‐Geese Style
Terutomo Ozawa,Christian Bellak +1 more
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In this paper, the authors focused on China-side factors that may motivate the country to relocate factories to the host region on a significant scale and touched on the institutional issues involved in this hoped-for scheme of industrial transplantation, concluding that China's capacity to transform the sub-Saharan region into a vibrant manufacturing base via FDI is still underdeveloped and quite limited.Abstract:
A number of studies have recently explored China’s growing - yet still nascent - manufacturing investments in sub-Saharan Africa, which the World Bank hopes to see further expanded so as to ignite industrialization. These studies have looked mainly at the Africa-side situation (i.e., what is happening in the host region). Instead, this paper focuses on China-side factors that may motivate the country to relocate factories to the host region on a significant scale (i.e., the 'push' factors) and touches on the institutional issues involved in this hoped-for scheme of industrial transplantation. The central question addressed in this study is whether the World Bank’s wish will actually come true. China’s potential in this scenario is assessed in terms of the 'flying-geese' growth model that explains how comparatively disadvantaged industries in such a rapidly catching-up economy as China’s may be transplanted overseas. This paper concludes that at the moment, China’s capacity to transform the sub-Saharan region into a vibrant manufacturing base via FDI is still underdeveloped and quite limited.read more
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Institutions, industrial upgrading, and economic performance in Japan : the 'flying-geese' paradigm of catch-up growth
TL;DR: Kiyoshi Kojima as discussed by the authors discusses the post-WWII growth clustering and the Flying-Geese Paradigm of catch-up growth in a post-war Japan.
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The rise of Asia : the 'flying-geese' theory of tandem growth and regional agglomeration
TL;DR: The Flying-Geese Theory Passe-or-Still Relevant? as mentioned in this paper discusses the relevance of the flying-geese theory in real-sector growth and real-world economic development.
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Microfoundations of network exploration and exploitation capabilities in international opportunity recognition
TL;DR: In this paper, a microfoundations perspective and prior experience in international entrepreneurship are explored as an essential microfoundation for the dual network capability, and a post-hoc analysis reveals that at a higher level of market change, younger firms benefit more from network exploration, whereas older firms achieve greater success when leveraging benefits from network exploitation.
What Kinds of Chinese Geese Are Flying to Africa? Evidence from Chinese Manufacturing Firms
TL;DR: This article provided a preliminary analysis of Chinese manufacturing investments in Africa, focusing predominantly on four countries ( Ethiopia, Ghana, Nigeria, and Tanzania) but also including examples as illustrations from other countries, when appropriate.
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Australia-China-Africa investment partnerships: A new frontier for triangular cooperation?
TL;DR: In this article, the potential for triangular cooperation between investment partners from Australia, China and host African nations to contribute to the economic development in Africa is examined, and the authors conclude that there is much to be gained by making the most of the existing and potential synergies between Australian, Chinese and local investors in African settings.
References
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Institutions, Institutional Change and Economic Performance
TL;DR: Douglass C. North as discussed by the authors developed an analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies, both at a given time and over time.
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Institutions, Institutional Change, and Economic Performance
Douglass C. North,John Alt +1 more
TL;DR: In this article, the authors examine the role that institutions, defined as the humanly devised constraints that shape human interaction, play in economic performance and how those institutions change and how a model of dynamic institutions explains the differential performance of economies through time.
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Economic Development with Unlimited Supplies of Labour
TL;DR: In this article, the authors present a different framework for solving problems of distribution accumulation and growth first in a closed and then in an open economy, where the assumption of an unlimited labor supply is used.
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The Myth of Asia's Miracle
TL;DR: In this paper, the authors present a set of rules for how to find the best way to use the information of the user to improve the performance of the system, such as how to identify the most important information for each user.