China Model: What Can Africa Learn from China’s Path?

DOI

10.2991/isbcd-18.2018.9How to use a DOI?

Keywords

China's model; pre-scribed policy; lesson for Africa; corruption

Abstract

Africa and China have several similarities; both have a long history with beautiful cultures and traditions. Furthermore, they passed through misfortune periods. Besides, the continent of Africa & china had almost similar economic status before 50 or 60 years. But now their difference is very huge, China recorded marvelous economic development, which is shaking the all world and disproving the neoliberals “The End of History” delirium and become the second largest economy in the world but Africa, even though there are very few developing countries are there, is still in the darkest age. The main questions here is, how this gap is created? To answer this question and find out a lesson for African’s stagnated economy, to give life from the China model, we are forced to looking back the two the last 40 years history and path. When we look at the Chinese model, above all there is one important element is there, “innovation based on inheritance, which means to create something new out of the old”. In all perspectives the Chinese use this guideline for articulating their economic and political path [1]. But most of African’s are still controlled by corrupted leaders and using a pre-scribed policy, privatization and market liberalization that is benefitting few, which is cooked by the previous colonizers and has been walking in the darkest room and couldn’t find the door, which leads to light. So, what African’s should learn from Chinese model for solving its problems are, looking back to its own history and make the economic and political policies based on Africans organic elements and start to fight corruption, as the Chinese president Xi Jinping said both its symptoms and root causes.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Mekru Alemayehu Biniam
PY  - 2018/10
DA  - 2018/10
TI  - China Model: What Can Africa Learn from China’s Path?
BT  - Proceedings of the 3rd International Symposium on Asian B&R Conference on International Business Cooperation (ISBCD 2018)
PB  - Atlantis Press
SP  - 40
EP  - 45
SN  - 2352-5428
UR  - https://doi.org/10.2991/isbcd-18.2018.9
DO  - 10.2991/isbcd-18.2018.9
ID  - Biniam2018/10
ER  -