India-Africa Economic Relation: Nature, Drivers and Challenges
Journal Title: International Journal of Humanities and Social Science Invention - Year 2018, Vol 7, Issue 12
Abstract
This article is a brief review made on more than 65 related articles published from 2005 to 2017 in India-Africa bilateral economic relationship with the intention of identifying the prevailing themes on the nature of the relationship, major challenges and opportunities and the drivers of the economic engagement. The analysis shows that the relationship is mutually beneficial for both actors and sustainably so due mainly to its nature of complementarities; proximity and common historic ties; capacity building and technical assistance focus; market and technology sharing. The challenges in the relationship include sustainability of natural resource trade and agricultural land grabbing by Indian firms, marginalization of small holder in agricultural research and development, lack of aid harmonization, business environment and logistic difficulties and increasing trade cost, lack of coordination of the private actors from India in Africa. On the African side, lack of clear policy and strategy for the engagement, sustainable use of natural resource, limited trade diversification and logistics, infrastructure deficiencies, weak governance and institutions and rent seeking, etc, are identified as some of the major challenges. Major drivers of the relationship include the demand for energy and market as well as role on global governance and security from India region and export access, capacity building, technology transfer, infrastructure finance and manufacturing sector development are Africa’s major motives behind the relationship.
Authors and Affiliations
Degele Ergano Done, V. Seshagiri Rao
Keywords
Related Articles
- EP ID EP422337
- DOI -
- Views 66
- Downloads 0
Climatic Change and Agriculture in India: Issues and Challenges.
India is a large country with a diverse climate. Diverse seasons mean diverse crops and farming systems. There is a high dependency of agriculture on the monsoon rains and a close link exists between climate and water re...
Concept and Evolution of Dowry
The concept of dowry has been around since many centuries and led to many told and untold stories of crime, cruelty and harassment of brides during or after marriage. This article discusses the evolution of the concept o...
Muslim-Christian Relations In Dairi, North Sumatera, Indonesia
The harmony of religious people in Indonesia is one of the issues that emerge lately. Local wisdom in Indonesia actually provides a means to solve the problem. This study reveals the interaction between Christians and Mu...
Reading Motivations in the Digital Era: A Uses and Gratifications Study
Despite the fact that the presence of books dates back a lot earlier than television, radio and the internet in human life, it can be seen that the reason why we read and which motivations have an influence on our readin...
The Effect of Using English Language only and Not Using the Mother Tongue in Teaching English Language for the Students of Primary Schools
The Effect of Using English Language only and Not Using the Mother Tongue In Teaching Units Fifteen and Sixteen for the Students of Sixth Primary Class on their Acquisition of English Language