China’s economic expansion in recent years is one of the most important geopolitical developments of the 21st century (Mockli, 2007). More interestingly, Africa relations with China continue to be of keen concern to many, precisely because these two countries have been humiliated severely during the years of colonialism. This study examines, to the extent possible, Chinese changing foreign policy and resource diplomacy towards Africa, using Nigeria as a case study specifically looking at socio–economic issues. The study uses the Hegemonic Stability Theory as a framework of analysis. While the method of data collection is premised on existing qualitative and quantitative analysis on Africa–China relations, faceto- face interviews and one telephonic interview with an expert on Africa–China relations were conducted as a method of gathering new data. The present study, finds that China’s economic expansion can be detrimental to Africa in many ways. For instance, China continues to export to Africa cheap manufactured goods, while extracting raw materials to fuel its own industrialization. This situation works against intra–Africa trade, which could potentially address the socio–economic issues facing the continent. However, to maintain its resource supply and stable market, China’s foreign policy of ‘non–interference’ has changed significantly, particularly towards Africa. For example, China recently opened its first military base in Africa. This study argues that, because of the above mentioned arguments, the repercussions of the Africa–China relations could be dangerous for Africa since the continent is not really benefiting from these dealings. Furthermore, this study notes that China is contributing negatively towards the socio–economic development of Nigeria, despite the fact that it provides Nigeria with aid and loans, primarily for infrastructure projects. / Development Studies / M.A. (Development Studies)

This study is about foreign policy-making in Namibia from independence, 1990 to 2008, which is based on Liberalism as an approach to the study of International Relations. Namibia’s foreign policy has three main themes, namely the promotion of world peace, economic diplomacy and South-South cooperation. The domestic actors of Namibia’s foreign policy are the President, Minister of Foreign Affairs and other Government Ministries. Former President Nujoma is pragmatic and persuasive, while President Pohamba maintains a reserved approach. Other domestic actors such as the Parliament, opposition parties and civil society organisations have not been effective in influencing Namibia’s foreign policy-making. Although Namibia is a small state her foreign policy is successful contrary to the traditional perspectives of small states’ foreign policies. Namibia has played an active role in regional and international organisations and maintained a wider scope of foreign policy. Namibia has 24 diplomatic Missions in Africa, Asia, Europe and America. / Political Sciences / M.A. (International politics)

A major aim of many international organizations is to support development in member countries but despite the importance of this objective in international relations and international cooperation, there are surprisingly few evaluations regarding the effectiveness of development assistance as perceived by recipients. This study, which was conducted using qualitative research methods, addresses the issue as it applies to Seychelles and the Commonwealth. The focus of the Modern Commonwealth, an association of 54 countries, is to fulfil the agenda of member countries as stated in periodic declarations of heads of states. The association has been particularly active, and vocal, in supporting small, least developed, and vulnerable states, including small island developing states. The Republic of Seychelles, a member of the Commonwealth since 1976, is a microstate with limited resources to support national development. Relying heavily on overseas development aid, then on commercial loans, the country attained remarkable levels of socio-economic development despite reaching the verge of bankruptcy in 2008 – when help was sought from the IMF. The continued existence of deep political dissensions has also earned it the label of „unquiet islands‟. Despite considerable support received from the Commonwealth, few individuals in positions of responsibility in Seychelles think that this assistance has had an impact on the country‟s development. Commonwealth support in areas which could potentially change the future of the islands, such as maritime boundaries and petroleum prospecting, are generally invisible to most. It is clear that some Commonwealth assistance is visionary and sustained but according to recipients in Seychelles, the bulk of it falls short of expectations. This perception is due mostly to the inability of people in-country to connect with the Commonwealth or to understand how the Commonwealth functions. Commonwealth officials also seem unaware of the effects of their assistance programmes on intended recipients in Seychelles. The study reveals that communication systems that are inclusive rather than exclusive, approaches that show sensitivity to national context, and a focus on relationship-building, could improve both the content and relevance of the assistance provided by an international organization as well as recipients‟ perception of the value of this assistance. / Development Studies / D. Litt et Phil. (Development Studies)

Thesis (MA)--Stellenbosch University, 2001. / ENGLISH ABSTRACT: The research assignment examines pertinent factors affecting the political, economic and social landscape of the development of the People's Republic of China (PRC). Domestic conditions within the PRC are influencing its foreign policy behaviour in the international arena. The PRC's internal environment will thus determine the extent of its external presence. / AFRIKAANSE OPSOMMING: Die werkstuk bestudeer die relevante faktore wat die politieke, ekonomiese en sosiale landskap ten opsigte van die Republiek van China (PRC) se holistiese ontwikkeling beïnvloed. Omstandighede binne die Republiek beïnvloed die land se buitelandse beleidsgedrag in die internasionale arena. Dit sal dus regverdig wees om te sê dat binnelandse faktore 'n beslissende rol speel ten opsigte van hoe die land homself binne die globale arena hanteer.

Thesis (MA)--University of Stellenbosch, 2002. / ENGLISH ABSTRACT: This study explores the impact China's accession to the WTO and growing economic ascendancy in the multilateral trading system is going to have on the developing world. The central problem addressed is whether China's accession and growing stature is going to be a competitive threat to the developing world or will China emerge as a collaborator to the developing world and assist in redressing the inequalities of the system. Three themes emerge and are dealt with in this study. The first addresses China as a developing nation itself and its overall position in relation to the rest of the developing world. Then China's growing economic progress and its internal developments are looked at. Finally China is evaluated as collaborator or competitor to the developing world. A descriptive and analytical approach is employed in this study. The complexity and the interplay between the multiple levels of analysis emerge in this study. In order to best address the role China is to play, China has to be set in the greater multilateral context, the regional context and then evaluated in conjunction with the internal dynamics which are unfolding. These perspectives together are of the utmost importance in determining the future role China is to play in relation to the developing world. Whether it will emerge as a collaborator or a competitor to the already marginalised developing sector of the trading system. The regional level of analysis is playing an increasingly important role in the current system as the regional units are proving more effective trading units than sole national units. Thus this study pays particular attention to the region in a case study focusing on South East Asia in relation to China. The multilateral level of analysis addressing China's role in relation to the developing world and the answer to the question of whether China is going to be collaborator or competitor to the developing world is of particular importance in the current global context. The developing world is increasingly calling for the inequalities prevalent in the system to be addressed and China's position in the current context and in relation to this current issue will play an important role. Despite the optimism surrounding China and its possible future the internal dynamics and context cannot be underestimated or neglected. The unfolding domestic developments that take place at the hands of the current leadership will playa deciding role in China's future. As China is in a transition and attempting a mix between a market-based economic system encapsulated in a socialist system it is a precarious situation that needs the careful attention of the leadership to best manage China's internal and external developments. The inclusion thus of China's internal dynamics, therefore cannot be neglected and have been included in this study. Current trends regarding China emerge and it is possible to make assumptions on the basis of these trends as to what China's future role entails. This then is looked at as to the impact these trends are going to have on the various contexts that China finds itself in and most importantly the impact that it is likely to have on the developing world. The possibilities of different impacts being played out in different time frames emerge as the most likely to manifest themselves. / AFRIKAANSE OPSOMMING: Hierdie studie ondersoek die impak wat China se aansluiting by die WHO, en sy groeiende ekonomiese mag in die multilaterale handelsisteem, op die ontwikkelende wêreld het. Die sentrale vraag wat hier aangespreek word, is of China se aansluiting by die WHO 'n bedreiging inhou vir ontwikkelende ekonomieë en of dié land, alternatiewelik, sy posisie kan gebruik om laasgenoemde ekonomieë by te staan in hul stryd teen die ongelykhede van die huidige sisteem. Drie hooftemas is hier ter sprake. Die eerste handeloor China se status as ontwikkelende land, en sy algemene posisie vis a vis ander ontwikkelende lande. Die tweede, fokus op China se ekonomiese en interne ontwikkelings, terwyl die derde tema meer lig werp op die vraag of China beskou moet word as bondgenoot of mededinger van die ontwikkelende wêreld. 'n Deskriptiewe en analitiese benadering is VIr die doeleindes van die studie aangewend. Die kompleksiteit en interaksie tussen verskillende vlakke van analise kom in die studie na vore. Om China se rol in konteks te plaas, is dit nodig om daarna te kyk vanuit 'n streeksperspektief en dit in verband te bring met interne ontwikkelinge binne dié land. Hierdie perspektiewe, tesame, is kardinaal vir 'n beter begrip van China se toekomstige rol met betrekking to ander ontwikkelende lande. 'n Streeksanalise raak toenemend belangrik in die lig van die feit dat regionale eenhede algaande meer effektief funksioneer as individuele nasionale state. In hierdie studie word daar verallig gewerp op Suid-oos Asië, waarvan China deel uitmaak. Op die multi-laterale vlak van analise is dit ook van belang om vas te stel hoe China saloptree teenoor ontwikkelende lande na sy toetredede tot die WHO. Die ontwikkelende wêreld pleit vir die regstel van strukturele ongelykhede, en China kan moontlik hier 'n deurslaggewende rol speel. Ten spyte van hoë verwagtinge aangaande China se toekomstige rol, kan die land se interne konteks en dinamika nie buite rekening gelaat word nie. Ontwikkelinge wat tans binne China plaasvind sal 'n defnitiewe impak op die land se toekoms hê. China se unieke mengsel van 'n markgerigte ekonomie, wat funksioneer binne 'n breër sosialistiese opset, sal deeglike beplanning rakende die landse binne en buitelandse sake van sy leiers verg. Om hierdie rede het die studie ook klem gelê op die interne politiek dinamiek van China. Spesifieke tendense rakende China is besig om te ontwikkel, en dit raak algaande makliker om sekere afleidings aangaande die land se toekomstige rol binne die internasionale konteks te maak. Hierdie tendense is veral van belang wanneer daar gekyk word na China se toekomstige verhoudinge met die ontwikkelende wêreld. Dit wil dus voorkom asof uiteenlopende resultate hulself gedurende verskillende tydsgrepe sal manifesteer.

Thesis (MBA)--Stellenbosch University, 2007. / ENGLISH ABSTRACT: As the world globalises there is need for economic integration. These integration processes can be both regional and global Africa as one of the world's continents is not immune to these integrations; regions within the continent have formed trade blocs which enhance economic development for individual member states of such blocs. Even though these countries are not equal in terms of economic development the ultimate goal is to have sustainable economic development and be able to compete in the global world. Botswana is one country with such aspirations and dreams. This paper addresses the role of Botswana in the global economy; highlighting its opportunities and challenges. Botswana has been a success story in Africa, with its GOP per capita increasing from less than US$2 000 in 1975 to around USSIO 000 in 2005, recording economic growth rates of over seven per cent. The country's economy has been heavily reliant on mining. tourism. manufacturing and agriculture. Diamonds are by far the most important source of income for Botswana, accounting for more than 70 per cent of total export earnings. The satisfactory performance of the financial sector impacts on overall development and the diversification of the economy. In its efforts to integrate and strengthen bilateral relations with bigger market economies, Botswana is a signatory to a number of trade agreements such as World Trade Organisation (WTO), Cotonou, Southern Africa Development Community (SADC), Africa Growth Opportunity Act (AGOA) and Southern African Customs Union (SA CU). As a member of the WTO, the inclusion of China into the organisation implies that Chinese products are now highly competitive when compared to Botswana products due to lower production costs enjoyed by Chinese finns. Chinese finns also enjoy competitive advantage in US markets where Botswana exports some of its textile products under AGOA. However, the country has enjoyed productive relationships with the European countries since its colonial period and through the Cotonou agreement, which was signed between the European Community and the Africa, Caribbean and Pacific countries. Botswana is also a signatory to regional blocs such as the SADC through which it has agreed on a number of economic issues such as trade, gender, water resources, peace and security, democracy and good governance. Through the SADe, member states such as Botswana are able to lobby for support or form partnerships with developed nations such as Sweden. By being a member of SACU, Botswana can export to a large market and complement its smaller domestic market. As players in the global economy, countries are exposed to many challenges and opportunities. There are opportunities for attracting more investment into the country due to its excellent economic performance. Investment can be attracted in financial and manufacturing sectors through encouraging private-public partnerships. This paper discusses some of the growth sectors in the economy and how they can be enhanced to contribute to sustainable development. It is also worth mentioning that Botswana faces challenges such as HIV/AIDS and unemployment. By being landlocked, the country is relatively expensive for investors to manufacture locally and export to foreign countries, which dampens the attraction of foreign direct investment. Some of these challenges and opportunities experienced by Botswana can serve as lessons for other African countries. / AFRIKAANSE OPSOMMING: Soos die globaliseringsproses wereIdwyd vorder is daar ook 'n proses van toenemende ekonomiese integrasie, wereldwyd en op 'n streeksbasis. Afrika neem ook deel aan die proses. In die verskillende streke van die kontinent is handelsblokke besig om te ontplooi. AI is hierdie lande nog ver agter in die internasionale mededingingsproses strewe hulle daarna om op 'n volhoubare manier internasionaal mee te ding. Botswana het beslis die mikpunt. Hierdie studie spreek Botswana se rol in die wyer streeks- en internasionale ekonomie aan. Die land word algemeen beskou as 'n ontwikkelingsukses, met 'n BBP per capita toename van US$2 000 in 1975 tot US$I0 000 in 2005, en 'n gemiddelde jaarlikse groeikoers van meer as sewe persent. Die landsekonomie is sterk afhanklik van die mynbousektor, landbou, toerisme en fabriekswese, met diamante tot 70 persent van uitvoere. As deel van die proses om nouer in te skakel by die groter markte het Botswana by 'n reeks ooreenkomste aangesluit, naamlik die Wereld Handelsorganisasie, die Cotonou-ooreenkoms, die SADC, AGOA en SACU. Terwyl die aansluiting by hierdie ooreenkomste Botswana se uitvoermarkte uitgebrei het, het Sjina se aansluiting by die WTO vir Botswana se nywerhede groter mededinging veroorsaak. Aan die ander kant het die lidmaatskap van Botswana by die SADC en Sacu vir die land baie geleenthede geopen om meer effektief te pleit en te onderhandel vir ekonomiese, sosiale en ander ontwikkelingsvoordele, veral waar Botswana se eie bevolking en markte so klein is. Om 'n beeld te kry van die uitwerking van die stappe van Botswana word in die studie ook gekyk na ontwikkelingstendense in spesifieke sektore asook na pogings om buitelandse kapitaal na die land te trek. Terselfdertyd moet besef word dat Botswana vanwee sy hoe HIV/Vigs koers tans en in die toekoms te kampe het met 'n reeks heel spesiale struikelblokke wat die ontwikkelingsproses beinvloed.

Thesis (MBA)--Stellenbosch University, 2014. / The last decade has seen an increased focus on emerging markets. The BRICS countries are at the forefront of this trend and have been achieving high economic growths in comparison to the developed countries. The contribution that these countries make to the global economy is increasing significantly. Many global companies have entered emerging markets seeking new growth opportunities within these untapped regions that are rich with possibility. With the increasing number of companies entering emerging markets, it is important that investors have a good understanding of what it is like doing business in these markets. This research focusses on doing business in Africa within the retail sector. The current literature provides examples of companies entering these markets, but only a handful deals with the retail industry. The purpose of this research is to establish a set of guidelines based on the literature and findings from this research. Four company’s experiences with entering emerging markets are analysed. This research addresses the considerations taken into account prior to entering a market, the challenges faced post entry and what factors contributed to the current success achieved. This research will be particularly useful for foreign companies deciding to enter Africa.

China's policy toward the Korean peninsula has shifted from a one-Korea policy to a de facto two-Korea policy. Beijing's constant policy is recognition of Pyongyang as the sole legitimate regime on the peninsula. What Beijing has changed is to acknowledge the existence of the Seoul regime and to inaugurate Sino-South Korean unofficial ties. The main thrust of this research is to examine China's relations with South Korea and North Korea during the period between 1984 and 1989 and to identify the national interests which made Beijing leaders shift their Korea policy. The hypothesis of this study is: China's economic priority is the determining factor and changes in the international environment in East Asia are a contributing factor which made China incrementally shift policy toward the Korean peninsula. The decision to adopt the policy of "revitalizing the economy internally and implementing the open door policy externally" in the Third Plenum of the Eleventh Chinese Communist Party Central Committee in 1978 resulted in revolutionary changes in Chinese foreign policy. These changes resulted from new foreign policy orientations, namely, pragmatism, the growing magnitude of economic elements, open door policy, and entente diplomacy. These new orientations were able to be applied to the Korean case when changes in the Northeast Asian international milieu provided chances in the early 1980s. These changes were the growing positive Sino-Soviet relations, the emergence of South Korea as an economic power, the improvement of Soviet-North Korean relations, and the failure of North Korean diplomacy. Through empirical studies of Chinese foreign behavior and official media, the hypothesis is proven valid. In the early 1980s, China evidently changed its Korean policy priority from strategic interests to political interests with a desire for a peaceful international environment. The growing unofficial Beijing-Seoul contacts show that China desires to pursue its economic interests in South Korea but under the premise of not jeopardizing its relations with North Korea. This line will not change until North Korea is willing to accept cross-recognition.

This study examined the effects and expectations of external economic dependence on foreign investment policy outputs with particular reference to the Nigerian experience between 1954 and 1980. Three basic kinds of external economic dependence were studied: foreign investment, the penetration of the Nigerian economy by foreign capital through the agency of the multinational corporations (MNCs); foreign trade, a measure of the Nigerian economy's participation in the world market; and foreign aid (loans and grants), a measure of Nigeria's reliance on financial assistance from governments and international financial inst itutions. For the most part, the level of Nigeria's economic dependence was very high. However, economic dependency is not translated into changes in foreign investment policy in favor of the foreign investors in Nigeria as is predicted by the dependency paradigm. The Nigerian case casts doubt on the dependency paradigm as a framework for fully explaining factors that may determine foreign direct investment policy changes that occur in a less developed Third World country. In other words, the dependency paradigm has a limited explanatory power; there is a factor independent of the economic factor operating out of the control of global capitalism (the center of the center in alliance with the center of the periphery); and that factor is the political process in Nigeria. The web of the Nigerian political process involves the various aspects of its internal functioning such as the manner in which needs, interests and demands are conveyed from the individuals and groups in the country to those performing state duties. Thus, Nigerian policy makers were more influenced by those elements than pure economic considerations treated in isolation.

M.Com. (Economic Management) / South Africa, as a developing country, has an enormous need for capital. Between 1980 to 1983, an amount of RBO billion was spent on fixed capital investment alone in this country. A large component of this investment originates from external sources and was financed by way of off-shore loans and other credit facilities. The developed countries, in order to promote their exports, have long realised that in addition to offering a competitive price and high quality product, competition also required that credit be made available to the importer. Presently the competition between the leading export countries result in the development of subsidised export credit schemes to promote the sale of industrial machinery and equipment. In cases where the fixed export finance rate is lower than market rates, Governments make up the difference between the export finance rate and commercial lending rates. Normally a fixed interest rate for the credit period is available in the exporter's currency. An important consideration when borrowing overseas, is the foreign currency exposure. With continuous fluctuations in the value of currencies the borrower is faced with a foreign exchange risk. This risk can be partially eliminated by hedging on the forward exchange market. In this study an analysis was made of the most important export credit schemes as well as the possible influence of forward exchange considerations. An importer has the option to also make use imported capital goods. Specific reference installment sale financing and financial leasing of local finance to pay for is made in this study to as methods of local financing. The purpose of this study was twofold: Firstly, an analysis of historic interest rate patterns pertaining to medium-term leasing and installment sale financing in South Africa and secondly a determination of the cost of export credit finance for the .same period was made. In this . way the study endeavored to determine whether, from the point of view of the cost of capital, it had been worthwhile to U8e export credit financing.