Show Summary Details

Page of

PRINTED FROM OXFORD HANDBOOKS ONLINE ( © Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a title in Oxford Handbooks Online for personal use (for details see Privacy Policy and Legal Notice).

date: 29 October 2020

Abstract and Keywords

This chapter examines China and Africa cooperation from the angle of structural transformation as a major driver of growth and job creation. Being a bit ahead in the structural transformation process, China can provide ideas, tacit knowledge, opportunities and development finances in Africa’s transformation. We review critical parts of China’s transformation to see if these ideas are relevant for Africa. China-financed infrastructure projects do address Africa’s infrastructure bottlenecks and hence contribute to structural transformation. In addition, China’s industrial upgrading and outward investments provide opportunities for light manufacturing development in low-income developing countries. Building cluster-based industrial zones has the potential to seize the opportunities for job creation in the labor-intensive light-manufacturing sectors. Further, expanding the definition of international aid could induce more development financing from various sources.

Keywords: development cooperation, development finance, infrastructure, manufacturing, industrial upgrading, Special Economic Zones, outward foreign direct investment

Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.

Please subscribe or login to access full text content.

If you have purchased a print title that contains an access token, please see the token for information about how to register your code.

For questions on access or troubleshooting, please check our FAQs, and if you can''t find the answer there, please contact us.