Learning from the Chinese Miracle : Development Lessons for Sub-Saharan Africa

Zafar, Ali

dc.creator	Zafar, Ali
dc.date	2012-03-19T18:38:10Z
dc.date	2012-03-19T18:38:10Z
dc.date	2010-02-01
dc.date.accessioned	2023-02-17T21:01:59Z
dc.date.available	2023-02-17T21:01:59Z
dc.identifier	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100222140638
dc.identifier	http://hdl.handle.net/10986/3702
dc.identifier.uri	http://localhost:8080/xmlui/handle/CUHPOERS/244666
dc.description	A notable contrast in modern economic history has been the rapid economic growth of China and the slower and volatile economic growth in Sub-Saharan Africa. As the engagement between the two continues to grows, there will be a greater cross-fertilization of experiences. Total factor productivity comparisons suggest that capital accumulation in China coupled with more efficient factor usage explains the differential with Africa. Although the two have similar populations and patterns of inequality, their growth trajectories have been divergent. What can Africa learn from China? Although the lessons vary depending on country location and resource endowment, seven basic lessons are visible. First, the political economy of Chinese reforms and the shared gains between political elites and the private sector can be partially transplanted to the African context. Second, the Chinese used diaspora capital and knowledge in the early reform years. Third, rural reforms in China helped accelerate economic takeoff through a restructuring of property rights and a boost to both savings rates and output. Fourth, Chinese growth has taken place in the context of a competitive exchange rate. Five, port governance in China has been exemplary, and African landlocked economies can benefit significantly from port reform in the coastal countries. Six, China has experimented with a degree of decentralization that could yield benefits for many Sub-Saharan African countries. Seventh, Africa can learn from China s policies toward autonomous areas and ethnic minorities to stave off conflict. Africa can learn from China s experiences and conduct developmental experiments for poverty alleviation goals.
dc.language	English
dc.relation	Policy Research working paper ; no. WPS 5216
dc.rights	CC BY 3.0 IGO
dc.rights	http://creativecommons.org/licenses/by/3.0/igo/
dc.rights	World Bank
dc.subject	ACCOUNTING
dc.subject	ADMINISTRATIVE BARRIERS
dc.subject	ADVERSE IMPACT
dc.subject	AGRICULTURAL INCOMES
dc.subject	AGRICULTURAL OUTPUT
dc.subject	AGRICULTURAL SECTOR
dc.subject	AGRICULTURAL SECTORS
dc.subject	AGRICULTURE
dc.subject	BANK POLICY
dc.subject	BENEFICIARIES
dc.subject	BID
dc.subject	BINDING CONSTRAINTS
dc.subject	BUSINESS NETWORKS
dc.subject	CAPACITY CONSTRAINTS
dc.subject	CAPITAL ACCUMULATION
dc.subject	CAPITAL FLOWS
dc.subject	CAPITAL FORMATION
dc.subject	CAPITAL INFLOWS
dc.subject	CAPITAL MARKETS
dc.subject	CAPITAL RATIO
dc.subject	CASH BALANCES
dc.subject	CENTRAL BANK
dc.subject	CENTRAL BANKS
dc.subject	CENTRALLY PLANNED ECONOMY
dc.subject	CIVIL WAR
dc.subject	COLLATERAL
dc.subject	COMMODITY
dc.subject	COMMODITY PRICE
dc.subject	COMMODITY PRICES
dc.subject	COMPETITIVE MARKET
dc.subject	COMPETITIVENESS
dc.subject	CORRUPTION
dc.subject	CREDIT ALLOCATION
dc.subject	CREDITS
dc.subject	CURRENCY
dc.subject	CURRENT ACCOUNT
dc.subject	CURRENT ACCOUNT BALANCES
dc.subject	CURRENT ACCOUNT DEFICIT
dc.subject	CURRENT ACCOUNT SURPLUS
dc.subject	CURRENT ACCOUNT SURPLUSES
dc.subject	DEBT
dc.subject	DEBT OVERHANG
dc.subject	DEBT SERVICE
dc.subject	DEBT SERVICE PAYMENTS
dc.subject	DECENTRALIZATION
dc.subject	DECLINE IN INVESTMENT
dc.subject	DEFICITS
dc.subject	DEMOGRAPHIC
dc.subject	DEPOSITS
dc.subject	DEVALUATION
dc.subject	DEVELOPING COUNTRY
dc.subject	DEVELOPING ECONOMIES
dc.subject	DEVELOPMENT ASSISTANCE
dc.subject	DEVELOPMENT CENTER
dc.subject	DEVELOPMENT ECONOMICS
dc.subject	DEVELOPMENT PROJECTS
dc.subject	DEVELOPMENT STRATEGY
dc.subject	DIASPORA INVESTMENT
dc.subject	DISPOSABLE INCOME
dc.subject	DIVERSIFICATION
dc.subject	DOMESTIC CAPITAL
dc.subject	ECONOMIC AGENTS
dc.subject	ECONOMIC DEVELOPMENT
dc.subject	ECONOMIC EXPANSION
dc.subject	ECONOMIC GROWTH
dc.subject	ECONOMIC HISTORY
dc.subject	ECONOMIC PERFORMANCE
dc.subject	ECONOMIC POLICY
dc.subject	ECONOMIC REFORM
dc.subject	ECONOMIC REFORMS
dc.subject	ECONOMIC RELATIONS
dc.subject	ECONOMIC SUCCESS
dc.subject	ECONOMIC TAKEOFF
dc.subject	ENDOWMENTS
dc.subject	ENTREPRENEURS
dc.subject	EQUIPMENT
dc.subject	ETHNIC MINORITIES
dc.subject	ETHNIC MINORITY
dc.subject	EXCHANGE RATE
dc.subject	EXCHANGE RATES
dc.subject	EXPENDITURE
dc.subject	EXPORT GROWTH
dc.subject	EXPORT PERFORMANCE
dc.subject	EXPORTER
dc.subject	EXPORTERS
dc.subject	EXPORTS
dc.subject	EXTERNAL SHOCKS
dc.subject	FACILITATION
dc.subject	FARMERS
dc.subject	FINANCIAL CRISIS
dc.subject	FINANCIAL FLOWS
dc.subject	FINANCIAL LIBERALIZATION
dc.subject	FINANCIAL SECTOR
dc.subject	FISCAL AUTONOMY
dc.subject	FISCAL DECENTRALIZATION
dc.subject	FISCAL POLICY
dc.subject	FOOD SHORTAGES
dc.subject	FOREIGN CAPITAL
dc.subject	FOREIGN DIRECT INVESTMENT
dc.subject	FOREIGN EXCHANGE
dc.subject	FOREIGN INVESTMENT
dc.subject	FOREIGN INVESTMENT FLOWS
dc.subject	GDP
dc.subject	GDP PER CAPITA
dc.subject	GENDER
dc.subject	GENDER INEQUALITY
dc.subject	GINI COEFFICIENT
dc.subject	GLOBAL ECONOMY
dc.subject	GLOBAL MARKETS
dc.subject	GLOBALIZATION
dc.subject	GOVERNMENT GRANTS
dc.subject	GOVERNMENT SUPPORT
dc.subject	GROWTH RATE
dc.subject	GROWTH RATES
dc.subject	HOLDING
dc.subject	HOLDINGS
dc.subject	HOUSEHOLD INCOME
dc.subject	HOUSEHOLD SAVING
dc.subject	HOUSEHOLD SAVINGS
dc.subject	HOUSEHOLDS
dc.subject	HUMAN CAPITAL
dc.subject	ILLITERACY
dc.subject	INDEBTEDNESS
dc.subject	INEFFICIENCY
dc.subject	INEQUALITIES
dc.subject	INEQUALITY
dc.subject	INFLATION
dc.subject	INFLATION RATES
dc.subject	INFLATIONARY PRESSURE
dc.subject	INPUT PRICE
dc.subject	INSTITUTIONAL REFORMS
dc.subject	INTEREST RATE
dc.subject	INTEREST RATE POLICY
dc.subject	INTEREST RATES
dc.subject	INTERNATIONAL BANK
dc.subject	INTERNATIONAL DEBT
dc.subject	INTERNATIONAL ECONOMICS
dc.subject	INTERNATIONAL ECONOMY
dc.subject	INTERNATIONAL MARKETS
dc.subject	INTERNATIONAL TRADE
dc.subject	INVESTING
dc.subject	INVESTMENT RATES
dc.subject	LEGAL SYSTEMS
dc.subject	LIFE EXPECTANCY
dc.subject	LIVING STANDARDS
dc.subject	LOCAL GOVERNMENT
dc.subject	LOCAL GOVERNMENTS
dc.subject	LOCAL INFRASTRUCTURE
dc.subject	MACROECONOMIC BALANCE
dc.subject	MACROECONOMIC ENVIRONMENT
dc.subject	MACROECONOMIC GROWTH
dc.subject	MACROECONOMIC PERFORMANCE
dc.subject	MACROECONOMIC STABILITY
dc.subject	MACROECONOMIC STABILIZATION
dc.subject	MACROECONOMICS
dc.subject	MARKET ECONOMY
dc.subject	MARKET SIZE
dc.subject	MINORITY GROUPS
dc.subject	MONETARY FUND
dc.subject	MONEY SUPPLY
dc.subject	MULTIPLIER EFFECTS
dc.subject	NATIONAL ECONOMY
dc.subject	NATIONAL SAVINGS
dc.subject	NATURAL RESOURCES
dc.subject	OVERVALUATION
dc.subject	PER CAPITA INCOME
dc.subject	POLITICAL ECONOMIES
dc.subject	POLITICAL ECONOMY
dc.subject	POLITICAL ECONOMY OF REFORM
dc.subject	POVERTY ALLEVIATION
dc.subject	PRIVATE CAPITAL
dc.subject	PRIVATE ENTERPRISES
dc.subject	PRIVATE INVESTMENT
dc.subject	PRIVATE INVESTORS
dc.subject	PRIVATIZATION
dc.subject	PRODUCTION FUNCTIONS
dc.subject	PRODUCTIVITY GROWTH
dc.subject	PROFESSIONAL NETWORKS
dc.subject	PROPERTY RIGHTS
dc.subject	PUBLIC FINANCE
dc.subject	RAPID ECONOMIC GROWTH
dc.subject	RATES OF INFLATION
dc.subject	REAL EXCHANGE RATE
dc.subject	REAL GDP
dc.subject	REAL INTEREST
dc.subject	REFORM PROGRAMS
dc.subject	REGULATORY FRAMEWORK
dc.subject	REGULATORY STRUCTURES
dc.subject	REMITTANCE
dc.subject	REMITTANCES
dc.subject	RESERVE
dc.subject	RESERVE FUND
dc.subject	RESERVES
dc.subject	RETURNS
dc.subject	SAVINGS
dc.subject	SAVINGS RATES
dc.subject	SMALL BUSINESSES
dc.subject	SOCIAL NETWORKS
dc.subject	SOCIAL WELFARE
dc.subject	SPECIAL FUNDS
dc.subject	STARTUP
dc.subject	STARTUP CAPITAL
dc.subject	TARIFF BARRIERS
dc.subject	TAX
dc.subject	TAX INCENTIVES
dc.subject	TOTAL FACTOR PRODUCTIVITY
dc.subject	TOTAL FACTOR PRODUCTIVITY GROWTH
dc.subject	TRADE LIBERALIZATION
dc.subject	TRADE REFORMS
dc.subject	TRADE UNION
dc.subject	TRADING
dc.subject	TRANSFER PAYMENTS
dc.subject	TURNOVER
dc.subject	UNDERVALUATION
dc.subject	UNEMPLOYMENT
dc.subject	UNION
dc.subject	VENTURE CAPITAL
dc.subject	VILLAGE
dc.subject	VOLATILITY
dc.subject	WORLD ECONOMY
dc.subject	WORLD TRADE
dc.title	Learning from the Chinese Miracle : Development Lessons for Sub-Saharan Africa
dc.type	Publications & Research :: Policy Research Working Paper
dc.coverage	Africa
dc.coverage	Africa
dc.coverage	East Asia and Pacific
dc.coverage	East Asia and Pacific
dc.coverage	East Asia
dc.coverage	Asia
dc.coverage	China