A Mail & Guardian article explores the role of Indian investment in Africa, reporting on Indian investments in African oil, infrastructure and light manufacturing. Last week, 300 business delegates from 35 African countries visited New Delhi to explore potential opportunities.
Well it may not be as big of a story (India is democratic and English-speaking. China is everyone's favorite whipping boy), India is clearly looking to expand its business presence in Africa. (See also: Africa as China and India's "New Economic Frontier")
Can Other Developing Countries Be a Model for Africa?
At the China-Africa Business Council meeting, Chinese participants talked about the ways in which they believed Africa could learn from their experiences. Before Deng Xiaoping's gaige kaifang ("reform and opening up"), China was at a similar economic level as many African countries. China's success over the more than twenty-five years since can offer important lessons for African economies, they argued.
Similarly, I noticed the following quote in the Mail & Guardian piece:
"We want to learn from India's experience," said Amadou Dioffo, managing
director of Sonidep Petrol and Gas Company of Niger. "Like us, India also has a
colonial past. We want to know how and why it is doing so much better now."
Which brings up a series of old and familiar questions (or at least I encountered these questions in nearly every college political economy course or course on the politics of X developing country):
- Can other developing countries' successes offer lessons or models for Africa?
- Why did South Korea become so rich when in the early 1960s, it was at about the same level of economic development (or perhaps even a bit lower) as Ghana?
- Why are China and India successfully developing now?
- Is Asia fundamentally different than Africa and is Africa just doomed to always be last in line?
- What structural or historical reasons account for Asian success and African stagnation?
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