Thursday, 9 May 2019, 19:00 – 21:00
Diplomatic Academy Vienna, Favoritenstraße 15a, 1040 Vienna
Development economist and independent consultant, Nairobi, Kenya
Political economist and lecturer, Leiden
Karin Fischer, Mattersburg Circle for Development Studies at Austrian Universities/VIDC
Martina Neuwirth, VIDC
Languages: English and German with simultaneous interpretation
Bagamoyo is a small fishing port in Tanzania. With Chinese investments, it may become Africa’s biggest container port within the next ten years. A special economic zone, modelled on Shenzhen, shall attract investors for a Tanzanian “industrial revolution” to the mainly rural country. Other African countries also welcome Chinese investments, hoping that they will spur economic growth and development.
143 billion USD of loans were transferred to African states from 2000 to 2017. In 2018, Beijing pledged another 60 billion USD in aid, loans and for the China-Africa Development Fund.
However, attitudes towards China are highly polarized. It is either celebrated as a genuine development partner who is dedicated to South-South cooperation. Or it is condemned as a neo-imperialist coloniser who seizes Africa’s resources for its own development.
Which internal dynamics drive China’s engagement? Can African countries benefit from China’s infrastructure investments and how? Are Chinese investments primarily adhered to the One Belt One Road initiative or to African development strategies? Will these investments be favorable for locally embedded industries and an environmentally and socially sustainable development path?
Anzetse Were and Jue Wang will take stock of China’s investments in Africa and will evaluate these questions from an African as well as a Chinese perspective.
is a Nairobi-based development economist and independent consultant. She works on development, manufacturing and industrialisation, regional integration and investment impacts with a special focus on Sino-African Relations. She has a Masters in Economics from the University of Sydney (Australia) and a Bachelor’s degree from Brown University (USA). Anzetse Were is a weekly columnist for Business Daily Africa. Her work is disseminated by BBC, The Economist, China Global Television Network, and many African media houses and television networks. Her articles can be accessed from her blog https://anzetsewere.wordpress.com/.
is a lecturer at the Institute for Area Studies at Leiden University. She is a scholar of international political economy with a focus on China, its external economic relationships and its role in regional and global economic governance. She has a special expertise in Chinese overseas investment. Jue Wang is currently working on a book on China’s interactions with the World Bank and the International Monetary Fund since the 1980s and its recent efforts in establishing new multilateral development banks, like the New Development Bank and the Asian Infrastructure Investment Bank. They have become important new financers of infrastructure projects in developing countries.
is the head of the Politics and Development Research Department at the Institute of Sociology at Linz University as well as a consultant to the VIDC. She is the chairwoman of the Mattersburg Circle for Development Studies at Austrian Universities.
works at the VIDC on international economic and finance policy issues. Her major focus is on tax and development issues, especially on the impact of the international tax system on lower income countries.