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Preface -- Acknowledgements -- Contents -- Abbreviations -- List of Figures -- List of Tables -- Introduction -- Scope, Epistemology and Key Sources -- Structure and Sources -- Notes -- References -- Chapter 1: A Practitioner's Perspective on Development Aid -- 1 Official Development Assistance to Africa -- 2 Given Directions -- 3 Bumpy Road -- 4 Doubts -- 5 Wrong Directions -- 6 The Larger Picture -- Notes -- References -- Chapter 2: The Theory of Economic Development -- 1 Assessing Economic Relations Between Developing and Developed Countries -- 1.1 Malign Links -- 1.2 Benign Links

This dissertation explores the nature, significance and weight of Western and Chinese economic relations with Africa. The research first engages in comparative analysis of West – Africa and China – Africa politico-economic cooperation practices. On this basis, it then compares the working mechanisms of these practices to the mechanisms that promoted sustainable economic growth within mature (OECD) and recently developed (Asian Newly Industrialized Economies - NIEs) countries. The empirical analysis of Africa's balance of payments with its key economic partners – European Union and United States (as proxies for the West) and the People's Republic of China – shows that Official Development Assistance (ODA) only represents between 4% and 6% of the total exchanges between the West and Africa, and even a smaller percentage of total exchanges between China and Africa. On the other side, a quantitative analysis of Africa's trade, inward FDI, primary income, portfolio investments and capital flight suggests that they generally contribute in transferring financial resources from Africa towards Western countries and China. The dissertation shows that, while ODA redistributes among African beneficiary countries a small percentage (generally well below the 0.7% GDP threshold set by the United Nations) of the wealth created within donor countries, both the West and China appear to extract solid rents and profits from their relations with Africa. The qualitative analysis of the institutional and normative frameworks that underpin such exchanges reveals that such frameworks are profoundly different from those that were put in place by OECD countries and NIEs to foster sustainable development within their own economies. In sum, the dissertation argues that the institutional and normative frameworks in which African international economic relations are currently embedded are not helping to activate the productive social dynamics necessary for endogenous and sustainable economic growth in Africa. ; published_or_final_version ; Modern Languages and Cultures ; Doctoral ; Doctor of Philosophy

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The global economic governance: human development nexus / Simone Raudino -- Wealth and the democratization of global economic governance / Marcel Hanegraaff and Arlo Poletti -- The World Bank in the post-crisis landscape: stasis and change and the post-Washington consensus / Eugenia Baroncelli -- Competing visions of the Western international economic order and the Chinese belt and road initiative: challenges and opportunities / Uzma Ashraf -- Normative trade power Europe? the case of EU trade agreements with Asian countries / Daniela Sicurelli -- Is China colonizing Africa? Africa-China relations in a shifting global economic governance system / Adams Bodomo -- Economic crises and political downturns in the Southern cone: are MERCOSUR's neoliberal roots a constraint on development? / Roberto Lampa -- Commodity economies and international assistance: lessons drawn from Ukraine's experience / Sergey Korablin -- Global economic governance, human security, and socio-economic development in Latin America: the Colombian and Mexican experiences / Eunice Rendon -- Global economic governance and the challenge of human development: Afghanistan case study / Paul Fishtein and Emily Bakos.

"Using quantitative and qualitative approaches to economic policy analysis in developing countries, this book examines whether ODA policies actually contribute to economic growth and human development in low and middle-income countries. By advancing the debate as to which policy and legal provisions should be adopted by them, it demonstrates how to maximize the benefits and minimize the costs derived from the process of integrating international economic regimes"--