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International Business

Asayehgn Desta

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Chinese Investment In Ethiopia: Devlopmental Opportunity Or Deepening China's New Mercantilism?, Asayehgn Desta Nov 2009

Chinese Investment In Ethiopia: Devlopmental Opportunity Or Deepening China's New Mercantilism?, Asayehgn Desta

Asayehgn Desta

The political warfare theorists argue that the so-called \"cooperative\" investments undertaken by China in Africa are devastating and exploitative. In contrast, the position of the South-South Cooperative school of thought stresses that China's increased aid, trade, and investment in Africa is a means to foster Africa's self-sufficiency and sustainable development in the 21st century. Before romanticizing on illusion, the two schools of thought need to be tested empirically. The empirical part of this study attempts to advance the understanding and rationalization of the various Chinese investments in Ethiopia. More specifically, the central motive of this study was to investigate if …