A Development Consensus reconciling the Beijing Model and Washington Consensus: Views and Agenda

Reconciling the two dominant development models of the Washington Consensus (WC) and Beijing Model (BM) remains a critical challenge in the literature. The challenge is even more demanding when emerging development paradigms like the Liberal Institutional Pluralism (LIP) and New Structural Economics (NSE) schools have to be integrated. While the latter has recognized both State and market failures but failed to provide a unified theory, the former has left the challenging concern of how institutional diversity matter in the development process. We synthesize perspectives from over 150 recently published papers on development and Sino-African relations in order to present the relevance of both the WC and BM in the long-term and short-run respectively. While the paper provides a unified theory by reconciling the WC and the BM to complement the NSE, it at the same time presents a case for economic rights and political rights as short-run and long-run development priorities respectively. By reconciling the WC with the BM, the study contributes at the same to macroeconomic NSE literature of unifying a development theory and to the LIP literature on institutional preferences with stages of development. Hence, the proposed reconciliation takes into account the structural and institutional realities of nations at difference stages of the process of development

China's External Environmental Policy: Understanding China's Environmental Impact in Africa and How It Is Addressed

Many Chinese economic actors in Africa have come under harsh criticism for the alleged environmental impact of their activities. This impact is not always documented, is uneven across the continent, and should be compared to that of business actors from other countries--in particular from the OECD. One major factor accounts for the recorded differences: the policy and regulatory framework within which these business actors operate. The African weak state is not conducive to the adoption of robust standards and their subsequent implementation. However, the shift in Chinese policy at home on environmental issues is already producing some changes for the state-owned companies, and there is a growing concern in China's leading circles about the international image of the nation and its companies turning global

Sino-African Relations: Some Solutions and Strategies to the Policy Syndromes

We survey about 110 recently published studies on Sino-African relations; put some structure on the documented issues before suggesting some solutions and strategies to the identified policy syndromes. The documented issues classified into eight main strands include, China: targeting nations with abundant natural resources; focusing on countries with bad governance; not hiring local workers; outbidding other countries by flouting environmental and social standards; importing workers that do not integrate into domestic society and living in extremely simple conditions; exhibiting low linkages between her operations and local businesses; exporting low quality products to Africa; and the emergence of China hindering Africa’s development