Browsing by Author "Igbinoba, Emmanuel"

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    China's economic hard landing impact on Africa : a scenario analysis
    (Stellenbosch University, Centre for Chinese Studies, 2016) Igbinoba, Emmanuel; Hoaeb, Rodney
    Shocks to aggregate commodity demand from China are having significant impact on global commodities and commodity prices. Fears persist that the economic slow-down in China might be steeper and more chaotic than anticipated and reported, as China rebalances its economy thus impacting on growth prospects across world economies. Using a scenario analysis technique, this study evaluates a risk scenario if economic growth in China falls to 4 per cent rather than the projected 6.5 per cent and its associated impact on African economies. The impact of China’s economic slowdown on African economies from an export perspective shows that there is an urgent need for African countries to undertake structural upgrading and diversifica-tion of different sectors of the economy with particular emphasis on agriculture in order to mitigate reduced demand from China.
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    China’s economic slowdown : assessment and implications for Africa
    (Stellenbosch : Stellenbosch University, 2016-04) Igbinoba, Emmanuel; Centre for Chinese Studies. Policy Briefing
    Three decades of average double digit growth has helped propel China into the world’s second largest economy with global economies increasingly reliant on China to drive economic growth. As China transits from an investment-based economy to a consumer-based economy, its demand for raw materials is declining, affecting commodity prices, impacting on commodity sellers and exerting pressure on currencies around the world. With China’s position as Africa’s biggest trading partner, fears persist that the economic slowdown in China is being widely felt in Africa due to the huge trade volume between China and Africa, thus exposing African economies to spillages from the Chinese economy. This policy brief examines the current state of the Chinese economy and its impact on African economic growth and recommends a blend of policy measures aimed at curtailing the impact of the Chinese slowdown on Africa's economy.