Unsubstantiated criticisms aside, the full extent of the opportunities and limitations of Chinese investment and financing, and its role and Impact on Economic Growth and Inclusive Development in the Horn of Africa (HoA) requires further review and study. [...] In this context, this assessment will focuses on the role of Chinese investment and finance in the HoA countries explicitly taking into account the development strategies and priorities of two diverse sets of recipient countries; those with high economic growth rates and broad good performance and the fragile states of the sub region. [...] The broad commentary of the policy makers in the region and few academic studies reviewed in this assessment demonstrated that the good performing countries in the HoA substantially benefited from the Chinese cooperative investments and financing. [...] The concern among the academic community and the policy makers of fragile African economies is that the investment and financial resources from China to Africa further aggravate the dipartites within the continent’s haves and have not’s. [...] Accordingly, such linkages are envisaged to endure, provided that the objective concerns expressed by the policy makers and unbiased academics are addressed forthwith to enhance the effi cacy and effectiveness of the investments and fi nancing fl ows to the countries of the HoA, and by extension to other similar situations in Africa.
- Pages
- 11
- Published in
- Ethiopia
