Abstract:
Popular claims link the inflow of foreign direct investment (FDI) almost automatically to economic development. This notion increased in prominence with the rise of neo-liberal thinking in the 1980s. It was also fuelled by the success of the so-called Asian Tigers achieving high growth rates, coupled with poverty reduction through an outward market-policy orientation. This study explores FDI in Southern Africa and Zambia specifically, based on the analysis of policy documents and interviews with a small sample of twelve Chinese and African government officials, CSO representatives as well as private sector representatives.