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“India and China’s growing economic involvement in sub-Saharan
Africa”
Donald L. Sparks
International Economics, The Citadel, Charleston, SC 29409,
USA.
E-mail:
sparksd@citadel.edu.
Accepted 26 April, 2011 |
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India and China have dramatically increased their economic and
commercial ties with sub-Saharan Africa during the past
decade and a half, centered on mineral exploitation,
although this is slowly changing. Many of the natural
resource-rich states in sub-Saharan Africa suffer from the
resource curse – the failure of resource-abundant countries
to benefit from their natural endowments. China and India’s
increasing involvement will likely exacerbate, where it
exists, the resource curse in sub-Saharan Africa. In
addition, such involvement could help the curse spread wider
and deeper into heretofore less-affected countries.
Key words:
Economic development, resources, governance, trade,
investment, economic growth, energy, international
economics. |
