Broadman, Harry G.Isik, GozdePlaza, SoniaYe, XiaoYoshino, Yutaka2012-06-052012-06-052007978-0-8213-6835-0https://hdl.handle.net/10986/7186As illustrated in Africa's Silk Road: China and India's New Economic Frontier, the new South-South economic relations present real opportunities-as well as challenges-to African countries. They also highlight the need for complementary reforms by China and India to support more vigorous African development. In analyzing Africa's intensifying relationships with China and India, Africa's Silk Road examines the trends to date and considers the implications of these developments for the economic future of the African continent. The diagnosis cautions that the opportunities engendered by China and India's trade and investment with Africa will not necessarily be converted into growth and poverty reduction in the region. A critical finding of the study is that it is not just the quantity of these trade and investment flows that matters-it is also the quality of the overall commercial relationships underlying as well as shaping these flows. This paper contains the following headings: connecting two continents; performance and patterns of African-Asian trade and investment flows; challenges at the border - Africa and Asia's trade and investment policies; behind-the-border constraints on African-Asian trade and investment flows; between-the-border factors in African-Asian trade and investment; and investment-trade linkages in African-Asian commerce - scale, integration, and production networks.en-USCC BY 3.0 IGOAGREEMENT ON TRADEAGRICULTURAL PRODUCTSAGRICULTUREAPPARELAVERAGE TARIFFAVERAGE TARIFF RATESAVERAGE TARIFFSBENCHMARKINGBILATERAL INVESTMENTBILATERAL INVESTMENT TREATIESBILATERAL INVESTMENT TREATYBILATERAL TRADEBILATERAL TRADE AGREEMENTSBORDER TRADEBUSINESS ENVIRONMENTCAPITAL GOODSCOMMERCIAL BANKSCOMMODITIESCOMMON MARKETCOMPARATIVE ADVANTAGECOMPETITIVENESSCONSUMER GOODSCONTRACT ENFORCEMENTCOUNTRY OF DESTINATIONCROSS-BORDER TRADECUSTOMSCUSTOMS UNIONDEVELOPMENT ASSISTANCEDOMESTIC COMPETITIONDOMESTIC COMPETITORSDOMESTIC INVESTMENTDOMESTIC INVESTMENT CLIMATEDOMESTIC MARKETDOMESTIC MARKETSDOMESTIC SALESDOMESTIC TRADEDOUBLE TAXATIONECONOMIC COMMUNITYECONOMIC IMPLICATIONSECONOMIC OUTLOOKECONOMIC PARTNERSHIP AGREEMENTECONOMIC RELATIONSECONOMIC RESEARCHECONOMIC WELFAREEXPORT INCENTIVESEXPORT INTENSITYEXPORT MARKETEXPORT MARKET SHAREEXPORT OPPORTUNITIESEXPORT PERFORMANCEEXPORT PROCESSINGEXPORT PROCESSING ZONEEXPORT PROCESSING ZONESEXPORT PROMOTIONEXPORT PROMOTION AGENCYEXPORT PROSPECTSEXPORT SHAREEXPORTERSEXPORTSFINANCIAL MARKETSFINANCIAL SERVICESFOREIGN DIRECT INVESTMENTFOREIGN FIRMSFOREIGN INVESTMENTFOREIGN INVESTORFOREIGN INVESTORSFOREIGN OWNERSHIPFOREIGN WORKERSFORMAL TRADEFREE TRADEFREE TRADE AGREEMENTGAMBIAGDPGENERAL AGREEMENT ON TARIFFSGENERAL AGREEMENT ON TRADE IN SERVICESGENERALIZED SYSTEM OF PREFERENCESGLOBAL ECONOMYGLOBAL EXPORTSGLOBAL MARKETPLACEGLOBAL PRODUCTIONGRAVITY MODELGROSS DOMESTIC PRODUCTGROWTH RATEHUMAN CAPITALIMPORT BANKIMPORT VALUESIMPORTING COUNTRYINDUSTRIAL POLICYINTERNATIONAL COMMERCEINTERNATIONAL COMPETITIVENESSINTERNATIONAL DEVELOPMENTINTERNATIONAL STANDARDSINTERNATIONAL TRADEINTRAREGIONAL TRADEINVESTMENT AGREEMENTSINVESTMENT CLIMATE ASSESSMENTINVESTMENT FLOWSINVESTMENT MEASURESINVESTMENT PROMOTIONINVESTMENT TREATIESLABOR FORCELANDLOCKED COUNTRIESLDCSLEGAL STATUSMARKET ACCESSMARKET IMPERFECTIONSMARKET POWERMARKET SHAREMERCHANDISE TRADEMERCHANDISE TRADE FLOWSMONETARY COMMUNITYMONETARY UNIONMOST FAVORED NATIONMULTILATERAL INVESTMENT GUARANTEE AGENCYMULTILATERAL TRADEMULTILATERAL TRADE AGREEMENTSNATURAL RESOURCESNONTARIFF BARRIERSOIL COUNTRIESOIL IMPORTSPOLICY REFORMSPOLICY REGIMESPOLITICAL ECONOMYPREFERENTIAL TARIFFSPRICE INCREASESPRICE INDEXPRICE LEVELSPRODUCTION NETWORKSPUBLIC SECTORPURCHASING POWERREGIONAL INTEGRATIONREGIONAL INTEGRATION AGREEMENTREGIONAL INTEGRATION AGREEMENTSREGIONAL TRADEREGIONAL TRADE AGREEMENTSHARE OF WORLD EXPORTSSOCIAL COSTSSUB-SAHARAN AFRICASUBSIDIARY RIGHTSSUPERMARKETSTARIFF ESCALATIONTARIFF RATESTAXATIONTECHNICAL ASSISTANCETECHNICAL STANDARDSTELECOMMUNICATIONSTERMS OF TRADETERMS OF TRADE EFFECTSTHETOURISMTRADE AGREEMENTTRADE AGREEMENTSTRADE AND INVESTMENT POLICIESTRADE AND INVESTMENT POLICYTRADE CLASSIFICATIONTRADE CONTROL MEASURESTRADE CREDITTRADE FACILITATIONTRADE FINANCETRADE IN SERVICESTRADE INTEGRATIONTRADE PARTNERSTRADE PERFORMANCETRADE-RELATED INVESTMENTTRADING PARTNERSTRANSACTIONS COSTSTRANSITION COUNTRIESTRANSITION ECONOMIESTRANSPARENCYTRANSPORT COSTSTRANSPORT SERVICESUNEMPLOYMENTVALUE ADDEDVERTICAL INTEGRATIONVOLUME OF TRADEWEIGHTED TARIFFWORKING CAPITALWORLD PRICEWORLD TRADEWORLD TRADE ORGANIZATIONWTOWorld Bank10.1596/978-0-8213-6835-0