Titre : |
How did US-China trade war affect African economy? |
Type de document : |
Mémoire |
Auteurs : |
Aditya PATANKAR, Auteur |
Année de publication : |
2021 |
Importance : |
24 p. |
Note générale : |
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Langues : |
Anglais (eng) |
Mots-clés : |
Management COMMERCE INTERNATIONAL ; MONDIALISATION ; GUERRE ; CHINE ; AFRIQUE Entreprise ETATS UNIS
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Résumé : |
Globalization and trade liberalization have played a major role in global alliances. No country in the world can manufacture products/services that are needed all by themselves and they depend on other countries to fulfil their requirements. Trade is a key factor in successfully developing the economy and is considered as a steering wheel with the help of which growth, prosperity and development can be achieved. Trade brings in FDI, FII and this is how country develops. A lot of countries in the world are depended on economic giants like China & USA and it is very astonishing to see that these countries can be engaged in loggerheads with each other for international trade. China is considered No.1 exporter in the world quickly followed by USA and when giants like these are in trade war with each other there are countries who are less developed who fall pray and become collateral damage. Africa, being rich in natural resources, is still a developing continent and there are a lot of countries which are underdeveloped, and they largely depend on developed nations for FDI’s, FII’s, raw materials, semi furnished products, finished goods and services. Us-China trade war greatly affected the African economy as during the entire duration of war short- and long-term investments from both Us and China were reduced or stopped, materials required were not delivered on time and businesses that depend on imports were closed. This research paper further provides valuable insight. |
Programme : |
MSc Global Management |
Permalink : |
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