The Rise of India and China: What's In It For Africa?
A panel discussion based on the OECD Development Centre’s new report, “The Rise of India and China; What's In It For Africa?” The event will be held on September 7th, 2006 from 3 to 6pm, in Conference Room C at United Nations headquarters, in New York.
The growth of China and India has much impact on Africa – both positive and negative:
- China’s and India’s strong appetites for energy and metal have boosted international prices and the volume and value of African exports;
- China in particular has become the main trade partner for a number of African countries, providing cheap manufactured goods and reducing Africa's dependence on its traditional trading partners;
- Despite these benefits, potential threats to sustainable poverty reduction are visible in higher raw material dependence and rent-seeking activities.
This OECD report is part of an OECD Development Centre’s project which was financed by the Swiss Agency for Development and Cooperation (SDC) and the Agence Française de Développement (AFD). The project also includes a number of case studies on Angola, East Africa, the Sahel countries, Senegal, and South Africa.
The main purpose of this panel discussion is to engage in an interactive discussion to enable the UN community, as well as other stakeholders interested in the future of Africa, to identify key policy priorities, research topics, and information gap.
