Since the 1980s there has been a steady shift from West to East in the international system, economically, politically and culturally. Emerging markets in Asia have moved up the value chain of industrial production processes, while the share of Western industrialized countries in global gross domestic product has declined. Countries such as China and India are asserting themselves in security matters and seeking new avenues for investment flows and development co-operation. China’s expected shift from export-led growth to domestic consumption might further change patterns of trade and capital flows, and it is an open debate whether the growth dynamics of India might outstrip those of China.
While the rise of China and other Asian powers has been studied extensively, much less work has been done on how Africa and Latin America position themselves in this process. What will the role be of Africa and Latin America in the ‘Asian Century’ and associated reconfigurations of global value chains? Will these regions be able to assert themselves and find a voice of their own? Will they manage to develop industries of their own and diversify trade relations? Will they launch new ways of regional south-south co-operation? What is the role of migrant communities and cultural exchange? Do Western and Asian approaches to these regions differ (Washington vs. Beijing consensus)?
This book brings together renowned academics from Africa, Latin America, Europe and the USA, who bring refreshing perspectives on an under-researched topic, ranging from a conceptualization of the issue within new theoretical approaches, to unique case studies based on field work.
Framing the Topic: Introduction - Karim El Aynaoui, Eckart Woertz; The Emerging Powers vs. ‘Africa Rising’: Reconfiguration or Re-escalation of Dependency? - Ian Taylor; Intensified Economic Ties between Latin America and Asia: Opportunities and Challenges - Osvaldo Kacef; Strategic Issues and the Interests of Outside Powers: Delivering Difference? Four Neglected Issues in China’s Aid to Africa - Xuefei Shi, Min Chen and Paul Hoebink; India’s ‘Modi-fied’ Africa Policy: A Non-China-Centric Advance - Jagannath Panda; Security Mechanisms in the Global South: Asia, South America and Africa in Comparison - Sergio Aguilar; Economic Co-operation and Urbanization: The BRICS’ New Development Bank: a China-led Challenge to Western Hegemony? - Gabrielle W. Cusson and Ludmila A. Culpi; Circulating Asian Urbanisms: An Analysis of Policy and Media Discourse in Africa and Latin America - Femke van Noorloos and Maggi Leung; Petroleum Challenges for Latin America and Africa in Light of the Asian Expansion - Igor Hernandez and Diego Guererro; African Case Studies: The Challenges of Being an Emerging Donor: A Case Study of Brazil’s South-South Co-operation with Ghana - Frank Mattheis and Christina Stolte; China, India and East Africa: The Indian Ocean in the 21st Century - Glenn Ojeda; Latin American Case Studies: Chinese Financing of Latin American Development: Competition or Complementarity with Traditional Donors? - Mario Esteban and Aitor Pérez; Overseas Chinese Migration in Mercosur: The Principal Movements and Projections for the 21st Century - Laura Lucía Bogado Bordazar; Between China and Taiwan: Nicaragua and the Inter-Oceanic Canal - Carmen Grau Vila