The Next Factory of the World: How Chinese Investment Is Reshaping Africa
| Author | : | |
| Rating | : | 4.41 (971 Votes) |
| Asin | : | 1633692817 |
| Format Type | : | paperback |
| Number of Pages | : | 256 Pages |
| Publish Date | : | 2013-10-16 |
| Language | : | English |
DESCRIPTION:
Previously, she taught secondary school in rural Namibia. Irene is a graduate of Harvard Business School, Harvard Kennedy School, and Harvard College.. Irene Yuan Sun is an engagement manager at McKinsey & Company, where she co-leads the firm’s work on China-Africa economic engagement
With a manufacturing-led transformation, Africa would be following in the footsteps of the United States in the nineteenth century, Japan in the early twentieth, and the Asian Tigers in the late twentieth century. For fifty years the West has engaged in countless poverty-alleviation and development-aid programs in Africa, yet Africa still has the largest number of people living in extreme poverty of any region in the world.Considering Africa’s difficult history of colonialism, one might suspect that the current story of China in Africa is merely a story about exploitation of resources. Many may consider this an old-fashioned way to develop, but it’s the only one that’s proven to raise living standards across entire societies for generations. Author Irene Yuan Sun follows these entrepreneurs and finds, instead, that they are factory owners, building in Africa what they so recently learned to build in Chinaa global manufacturing powerhouse.This gives rise to a tantalizing possibility: that Africa can industrialize in the coming generation. And with every new Chin
Previously, she taught secondary school in rural Namibia. Irene is a graduate of Harvard Business School, Harvard Kennedy School, and Harvard College.. About the AuthorIrene Yuan Sun is an engagement manager at McKinsey & Company, where she co-leads the firm’s work on China-Africa economic engagement