ISSN 2756-3456
Global Journal of Sociology and Anthropology Vol. 8 (1), pp. 001-011, January, 2019. © International Scholars Journals
Review
“India and China’s growing economic involvement in sub-Saharan Africa”
Donald L. Sparks
International Economics, the Citadel, Charleston, SC 29409, USA. E-mail: [email protected].
Accepted 26 April, 2018
Abstract
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.