Inclusive globalization or old wine in a new bottle? China-led globalization in sub-Saharan Africa

buir.contributor.authorVerkhovets, Stepan
buir.contributor.orcidVerkhovets, Stepan|0000-0001-5433-9964
dc.citation.epage1210en_US
dc.citation.issueNumber8en_US
dc.citation.spage1195en_US
dc.citation.volumeNumber19en_US
dc.contributor.authorVerkhovets, Stepan
dc.contributor.authorKaraoğuz, E.
dc.date.accessioned2023-02-25T10:58:34Z
dc.date.available2023-02-25T10:58:34Z
dc.date.issued2022-02-15
dc.departmentDepartment of International Relationsen_US
dc.description.abstractThis article questions whether China’s economic initiatives lead to ‘inclusive globalization’ or tend to sustain the distributional inequalities of neoliberal globalization in the context of sub-Saharan Africa. It argues that many considerations, including China’s so-called ‘no strings attached’ policy and lending behaviour, unfavourable trade relations, concentration of Chinese investments in a few sectors, and limited technology and knowledge transfer, cast doubt on the realization of inclusive globalization. Even though economic relations with China may foster economic growth and provide short-term relief to the poor, which is also conditioned by the recipient countries’ degree of state capacity, it is questionable to what degree these relations lead to sustainable pro-poor development. No matter what the underlying political economy explanation is (China’s motivations and approach to globalization, weak state capacities in sub-Saharan Africa, structural impediments to development), it is misleading to conclude that China-driven economic globalization is inclusive.en_US
dc.description.provenanceSubmitted by Samet Emre (samet.emre@bilkent.edu.tr) on 2023-02-25T10:58:34Z No. of bitstreams: 1 Inclusive_globalization_or_old_wine_in_a_new_bottle_China-led_globalization_in_sub-Saharan_Africa.pdf: 1864423 bytes, checksum: 6223daea02efbef5c824a69ce2dc6095 (MD5)en
dc.description.provenanceMade available in DSpace on 2023-02-25T10:58:34Z (GMT). No. of bitstreams: 1 Inclusive_globalization_or_old_wine_in_a_new_bottle_China-led_globalization_in_sub-Saharan_Africa.pdf: 1864423 bytes, checksum: 6223daea02efbef5c824a69ce2dc6095 (MD5) Previous issue date: 2022-02-15en
dc.identifier.doi10.1080/14747731.2022.2035481en_US
dc.identifier.eissn1474-774X
dc.identifier.urihttp://hdl.handle.net/11693/111729
dc.language.isoEnglishen_US
dc.publisherRoutledgeen_US
dc.relation.isversionofhttps://doi.org/10.1080/14747731.2022.2035481en_US
dc.source.titleGlobalizationsen_US
dc.subjectChina-led globalizationen_US
dc.subjectNeoliberal globalizationen_US
dc.subjectİnclusive globalizationen_US
dc.subjectPro-poor developmenten_US
dc.subjectİnclusive developmenten_US
dc.subjectSub-Saharan Africaen_US
dc.titleInclusive globalization or old wine in a new bottle? China-led globalization in sub-Saharan Africaen_US
dc.typeArticleen_US

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