Implementation of the Belt and Road Initiative in Africa: A Firm-Level Study of Sub-Saharan African SMEs

Gyamerah, Samuel Asante; He, Zheng; Gyamerah, Emmanuel Etto-Duodu; Asante, Dennis; Ahia, Bright Nana Kwame; Ampaw, Enock Mintah

doi:10.1007/s11366-021-09749-0

Cited by 18 publications

(5 citation statements)

References 59 publications

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“…The study setting has many BRI-related enterprises operating in several areas of the economy and trade cooperation with China. Furthermore, this research flourished in the sectors of cooperation under BRI, i.e., trade, services, number of projects, education, and other industries in the country [ 23 ]. The analytical approach of the study also concentrates on infrastructure and trade promotion in the Horn of Africa.…”

Section: Methodology and Datamentioning

confidence: 99%

The Sustainable Development and Economic Impact of China’s Belt and Road Initiative in Ethiopia

Bharti

2023

East Asia

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The purpose of this research is to assess the economic growth and sustainable development of Ethiopia. To what extent does the Chinese investment contribute to the overall economic development of Ethiopia after the Belt Road Initiative (BRI)? What are the main focus areas for development in the region and how does the BRI initiative connect people in the country? This research examines the development process through the use of a case study and discursive analysis to know the result of the investigation. The study is deeply elaborated and the technique adds analytical and qualitative methods. Furthermore, this research attempts to highlight the key approaches and concepts of Chinese engagement in Ethiopia as it attains development in several sectors through the BRI. The BRI is successfully pioneering transport systems, roads, railways, small industries, automotive sectors, and health development programs in Ethiopia. As result, the Chinese investments bring changes to the country after the successful launch of the BRI. Furthermore, the study concludes that there is a need to initiate numerous projects to improve human, social, and economic life in Ethiopia because the country is suffering from many internal problems and China has to work to eradicate recurring problems in the country. As an external actor, the role of China gains importance in Ethiopia in the context of the New Silk Road economic engagement in the African Continent.

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Section: Methodology and Datamentioning

confidence: 99%

The Sustainable Development and Economic Impact of China’s Belt and Road Initiative in Ethiopia

Bharti

2023

East Asia

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“…China is trying a new development model that relies on massive investments in infrastructure, roads, ports, and railways at home and abroad to connect Europe, Asia, and Africa and accelerate the industrial development of all participating countries [24,25]. ere are great opportunities for African companies to improve their productivity and competitiveness through the "Belt and Road" initiative, especially small and mediumsized enterprises [26]. In the process of cooperation, disputes are inevitable.…”

Section: New Exploration Of China-africa Economic Cooperationmentioning

confidence: 99%

Price Transmission Effect of Establishing FTA with African Countries from the Perspective of Trade Facilitation

Yuan

Zhai

2022

Mathematical Problems in Engineering

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The present article introduces the price transmission effect of establishing free trade areas with African countries from the perspective of trade facilitation. Studies on China-Africa economic cooperation, tariff reduction effects, trade facilitation effects, and price transmission effects in free trade areas were reviewed. The existing literature rarely incorporates tariffs, trade facilitation, and price transmission mechanisms into the research when studying the effects of free trade areas. The present article introduces trade facilitation into the research field of China-Africa cooperation. Taking the China-Mauritius free trade area as an example, the Global Trade Analysis Project model is used to study the price transmission effect after the establishment of the China-African free trade area. Create a model and motivation for other countries to establish free trade areas with African countries. The main conclusions are as follows: China-Mauritian free trade area has improved not only the terms of trade, GDP, and social welfare of the two countries, but also other African countries. This improvement effect mainly comes from the improvement of trade facilitation, and the contribution of zero tariff policy is relatively small. The domestic price changes in many industrial sectors of the two countries showed a significant increase, while the import prices generally showed a downward trend. Therefore, countries should actively participate in the process of global economic integration, and, in the negotiation of trade liberalization, both sides should adopt differentiated negotiation strategies and improve the weak aspects of trade facilitation, respectively, to achieve a win-win situation.

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“…Significant factors for external debt accumulation in West Africa include the sensitivity of debt burden indicators to growing inflation rate, exchange rate volatility, the quest for import substitution and industrialisation, etc. (Aladejare 2021 ; Li 2021 ; An and Feng 2022 ; Gyamerah et al 2022 ). For instance, the overwhelming economic shock brought about by the coronavirus pandemic in 2020 could further aggravate the debt burden in most West African economies (Kirton and Wang 2021 ).…”

Section: Introductionmentioning

confidence: 99%

Does External Debt Promote Human Longevity in Developing Countries? Evidence from West African Countries

Aladejare¹

2023

Fudan J. Hum. Soc. Sci.

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This study assessed the impact of external debt on longevity in developing countries, particularly in West Africa, from 1981 to 2020. Longevity was proxied by life expectancy at birth, while the study evaluated effects from external debt from the perspective of sustainability, liquidity, and solvency. Furthermore, outcomes from macroeconomic volatility were controlled through inflation and exchange rate variability. Methodologically, the robustness of inferences was ensured by using estimated outcomes from the cross-sectional augmented autoregressive distributed lag (CS-ARDL), dynamic common correlated effects (DCCE), and the Driscoll–Kraay (D–K) methods. Empirically, the study showed that unsustainable, illiquid, and insolvent external debt and macroeconomic volatility shorten longevity mainly in the long-term in West African countries. Hence, longevity will decline when weak external debt management promotes poverty in developing countries.

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Implementation of the Belt and Road Initiative in Africa: A Firm-Level Study of Sub-Saharan African SMEs

Cited by 18 publications

References 59 publications

The Sustainable Development and Economic Impact of China’s Belt and Road Initiative in Ethiopia

The Sustainable Development and Economic Impact of China’s Belt and Road Initiative in Ethiopia

Price Transmission Effect of Establishing FTA with African Countries from the Perspective of Trade Facilitation

Does External Debt Promote Human Longevity in Developing Countries? Evidence from West African Countries

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