Proposed
Paper Session: Second Global Conference on Economic Geography Ð 2007
Theme:
Geographies of international trade and investment
Preliminary
session title: South-South value
chains, trade, and investment relations: New geographies of production, innovation,
and consumption?
Organizer:
Jim Murphy, Graduate School of Geography, Clark University (jammurphy@clarku.edu)
On
November 5, 2006, the China-Africa Cooperation Summit closed in Beijing with
Chinese President Hu JintaoÕs offer of $5 billion in loans and credit to
African nations and with his pledging to double aid to Africa by 2009. The summit featured more than 45
African leaders and discussions focused primarily on trade, investment, and
foreign aid. In addition to the $5
billion commitment, Chinese firms negotiated deals worth $1.9 billion with
African governments and companies, primarily in relation to mineral and crude
oil industries. African countries, Angola being the largest supplier, currently
supply one-third of all of ChinaÕs crude oil imports and ChinaÕs influence in
Africa has risen dramatically in the last decade. China is the leading Asian trading partner with Africa and
it is increasingly clear that the Chinese government seeks to maintain a
significant presence in and influence on investment patterns, consumer markets,
and development programs in Sub-Saharan Africa. The long-term implications of this relationship are unclear
and important questions need to be explored regarding whether or not Chinese
trade, investment, and aid with/in/to Sub-Saharan Africa offers improved
opportunities for African firms to export value-added goods to China and
whether or not ties to Chinese markets and firms will facilitate upgrading in
African industries. Moreover, it is unclear if these ties will significantly
contribute to poverty reductions, improved educational and welfare systems,
environmental sustainability, and the empowerment of African communities and
countries in the world system.
ChinaÕs
relationship to Africa is just one example of a growing trend in ÒSouth-SouthÓ
trade and investment relations.
India, Brazil, and South Africa have also significantly increased their
investment and marketing ties to other ÒSouthernÓ economies and these are arguably
creating new kinds of production and value-chain relationships and institutions
in the global economy. Despite
their growing significance, however, we still know relatively little about the
nature and quality of these relationships and whether or not they contribute to
alternative forms of or trajectories for global market integration. As such, the goals of this session or
sessions are to examine current developments in South-South trade and
investment relations, to assess the utility of extant theories/literatures on
FDI, value chains, and trade for understanding these ties, and to frame a
research agenda for future collaborative studies.
Possible
topics (suggestions and additions are most welcome):
Individuals
interested participating in and/or co-chairing this session or sessions should
contact Jim Murphy at Clark University (jammurphy@clarku.edu)
with a paper abstract or ideas you have for the sessionÕs organization/topics.
Best wishes and
happy new year.