Impacts of the Rise of China on Developing Country Trade : Evidence from North Africa

Despite the global financial and economic crisis, China has continued to experience strong export-driven growth and, indeed, became the world's largest exporting country in 2009. This rise of China in international markets presents African countries with growing competition in their home and ex...

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Main Authors:	Brenton, Paul, Walkenhorst, Peter
Format:	Journal Article
Language:	EN
Published:	2012
Subjects:	Trade Policy International Trade Organizations F130 Country and Industry Studies of Trade F140 Industrialization Manufacturing and Service Industries Choice of Technology O140 International Linkages to Development Role of International Organizations O190 Development Planning and Policy: Trade Policy Factor Movement Foreign Exchange Policy O240 Socialist Institutions and Their Transitions : International Trade, Finance, Investment, and Aid P330
Online Access:	http://hdl.handle.net/10986/5456

id	okr-10986-5456
recordtype	oai_dc
spelling	okr-10986-54562021-04-23T14:02:22Z Impacts of the Rise of China on Developing Country Trade : Evidence from North Africa Brenton, Paul Walkenhorst, Peter Trade Policy International Trade Organizations F130 Country and Industry Studies of Trade F140 Industrialization Manufacturing and Service Industries Choice of Technology O140 International Linkages to Development Role of International Organizations O190 Development Planning and Policy: Trade Policy Factor Movement Foreign Exchange Policy O240 Socialist Institutions and Their Transitions : International Trade, Finance, Investment, and Aid P330 Despite the global financial and economic crisis, China has continued to experience strong export-driven growth and, indeed, became the world's largest exporting country in 2009. This rise of China in international markets presents African countries with growing competition in their home and export markets, but also with new opportunities. This paper focuses on the impacts of these developments on countries in North Africa, which are directly affected by the prominence of Chinese manufacturing. In particular, the analysis addresses two policy questions: first, is competition from China leading to substantial displacement of resources that incur significant adjustment costs while moving to new activities, or are there opportunities to exploit finer patterns of specialization that entail less disruption; and second, will policies that mitigate the impact of competition from China limit the longer-term capacity to exploit new opportunities in the global market? The findings from the empirical analysis suggest that policy makers can support North African producers in the increasingly fierce competition with China by reviewing the regulatory and incentives environment, reducing trade logistics costs, and broadening trade promotion efforts to non-traditional markets. 2012-03-30T07:32:55Z 2012-03-30T07:32:55Z 2010 Journal Article African Development Review/Revue Africaine de Developpement 10176772 http://hdl.handle.net/10986/5456 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article China
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	EN
topic	Trade Policy International Trade Organizations F130 Country and Industry Studies of Trade F140 Industrialization Manufacturing and Service Industries Choice of Technology O140 International Linkages to Development Role of International Organizations O190 Development Planning and Policy: Trade Policy Factor Movement Foreign Exchange Policy O240 Socialist Institutions and Their Transitions : International Trade, Finance, Investment, and Aid P330
spellingShingle	Trade Policy International Trade Organizations F130 Country and Industry Studies of Trade F140 Industrialization Manufacturing and Service Industries Choice of Technology O140 International Linkages to Development Role of International Organizations O190 Development Planning and Policy: Trade Policy Factor Movement Foreign Exchange Policy O240 Socialist Institutions and Their Transitions : International Trade, Finance, Investment, and Aid P330 Brenton, Paul Walkenhorst, Peter Impacts of the Rise of China on Developing Country Trade : Evidence from North Africa
geographic_facet	China
relation	http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description	Despite the global financial and economic crisis, China has continued to experience strong export-driven growth and, indeed, became the world's largest exporting country in 2009. This rise of China in international markets presents African countries with growing competition in their home and export markets, but also with new opportunities. This paper focuses on the impacts of these developments on countries in North Africa, which are directly affected by the prominence of Chinese manufacturing. In particular, the analysis addresses two policy questions: first, is competition from China leading to substantial displacement of resources that incur significant adjustment costs while moving to new activities, or are there opportunities to exploit finer patterns of specialization that entail less disruption; and second, will policies that mitigate the impact of competition from China limit the longer-term capacity to exploit new opportunities in the global market? The findings from the empirical analysis suggest that policy makers can support North African producers in the increasingly fierce competition with China by reviewing the regulatory and incentives environment, reducing trade logistics costs, and broadening trade promotion efforts to non-traditional markets.
format	Journal Article
author	Brenton, Paul Walkenhorst, Peter
author_facet	Brenton, Paul Walkenhorst, Peter
author_sort	Brenton, Paul
title	Impacts of the Rise of China on Developing Country Trade : Evidence from North Africa
title_short	Impacts of the Rise of China on Developing Country Trade : Evidence from North Africa
title_full	Impacts of the Rise of China on Developing Country Trade : Evidence from North Africa
title_fullStr	Impacts of the Rise of China on Developing Country Trade : Evidence from North Africa
title_full_unstemmed	Impacts of the Rise of China on Developing Country Trade : Evidence from North Africa
title_sort	impacts of the rise of china on developing country trade : evidence from north africa
publishDate	2012
url	http://hdl.handle.net/10986/5456
_version_	1764395109479088128

Impacts of the Rise of China on Developing Country Trade : Evidence from North Africa

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