Thesis (MA)--Stellenbosch University, 2012. / ENGLISH ABSTRACT: Africa’s rising international profile and geopolitical significance as well as the
continent’s relatively ‘under-exploited markets’ have been pull factors for many
emerging economies. Globally, the developing and emerging economies of the world
for the first time captured more than half of all global FDI in 2011. Changes in the
global investment regime are a clear indication of the changing dynamics in the global
economy. Since India and China’s FDI liberalisation processes began to gather steam
in the 1990s, they have been amongst the most aggressive of the emerging economy
investors. This study appraises the role of the government in facilitating investment by
Indian and Chinese firms abroad, specifically Sub-Saharan Africa. The study analyses
the motivations for such outward foreign direct invest flows, the sectoral trends, and
the entry mode differences of Indian and Chinese firms’ investments in Sub-Saharan
African markets. Yet, there is a lack of studies that focus on both Indian and Chinese
investments in Sub-Saharan Africa.
Drawing from theoretical constructs from political economy, International business
/economics and International Political Economy - a framework is provided to assess
the influence of these investments. The methodology is interpretive and qualitative
and draws largely on secondary material from international organisations, government
agencies, academic literature and the media. The study finds that the role of New
Delhi and Beijing in facilitating and financing outward investments is strategic and
pragmatic. These policies greatly influence firms, and the locations and types of their
investments. South-South cooperation provides India and China with a framework for long-term
political and economic investments and development cooperation with African states.
India and China’s engagements in Sub-Saharan Africa share similar and dissimilar
forms and motivations for FDI. Markets and resources are primary motivations for
these two countries’ firms to invest in the region. India and China’s growing
commercial activities in Sub-Saharan Africa provide the region with opportunities for
further international market integration and development. / AFRIKAANSE OPSOMMING: Afrika se ontluikende internasionale profiel en geopolitieke belang tesame met die
vasteland se relatief ‘onderbenutte’ markte is ’n trekfaktor vir baie ontluikende
ekonomieë. Terwyl vloeie uit buitelandse direkte investering (BDI) na Afrika, wat ’n
hoogtepunt in 2008 bereik het, in 2010 steeds afgeneem het, was die ontwikkelende
en ontluikende ekonomieë van die wêreld vir die eerste keer in besit van meer as die
helfte van alle wêreldwye BDI in 2011. Veranderings in die internasionale
beleggingsregime is ’n duidelike aanduiding van die veranderende dinamika in die
wêreldekonomie. Sedert Indië en China se liberaliseringsprosesse met betrekking tot
BDI in die 1990’s begin ontwikkel het, is hulle van die aggressiefste beleggers onder
opkomende ekonomieë. Die gebrek aan streekstudies wat op Indiese en Chinese
beleggings fokus, verg egter verdere aandag.
Die doel van die studie is om die rol van die regering in die fasilitering van Indiese en
Chinese maatskappye om in die buiteland te belê te ontleed. Die fokus val veral op
Afrika suid van die Sahara, en op die motiverings vir hierdie BDI-vloeie, die
sektortendense en wyse van toetreding van Indiese en Chinese maatskappye se
beleggings in Afrikamarkte.
Bestande uit teortiese konstakke uit internasionale sakestudie, internasionale politieke
ekonomie en politieke ekonomie, word ‘n raamwerk waarin die invloed van hierdie
beleggings op wat assesseer word is interpritiet en kwalitatiet en stan op sekondêre
materiaal en data van regeringsagentskappe, akademiese literatuur en die media. Die
gebruik van ’n veelsoortige teoretiese raamwerk wat ekonomiese en politieke
beleggingsverskynsels uitbeeld, illustreer die versoenbaarheid van politiek, ekonomie
en sakegebaseerde akademiese gebiede en die moontlikheid om grondliggende
uitkomste uitkomste vir navorsing oor beleggingstendense en -strategieë in
ontluikende ekonomieë te bied. Die studie bevind dat die rol van New Delhi en Beijing in die fasilitering en
finansiering van buitelandse beleggings strategiese en pragmaties is, en dat beleide
maatskappye grootliks beïnvloed ten opsigte van waar hulle belê en watter soort
beleggings hulle maak. Verder, verskaf Suid–Suid-samewerking, ‘n raamwerk vir
verbintenis langtermyn- politieke en ekonomiese beleggings en
ontwikkelingsamewerking met Afrikastate. Indië en China se betrokkenheid in Afrika
toon ooreenstemmende en verskillende vorme en motiverings vir BDI, en markte en
hulpbronne is primêre motiverings vir hierdie twee lande se maatskappye in die streek
te belê.
| Identifer | oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:sun/oai:scholar.sun.ac.za:10019.1/20117 |
| Date | 03 1900 |
| Creators | Messaris, Byron |
| Contributors | Cornelissen, Scarlett, Stellenbosch University. Faculty of Arts and Social Sciences. Dept. of Political Science. |
| Publisher | Stellenbosch : Stellenbosch University |
| Source Sets | South African National ETD Portal |
| Language | en_ZA |
| Detected Language | Unknown |
| Type | Thesis |
| Format | xiii, 91 p. : map |
| Rights | Stellenbosch University |
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