India and China in Africa

A comparative perspective of the oil industry

Nonfiction, Social & Cultural Studies, Social Science, Cultural Studies, Ethnic Studies, Business & Finance, Economics
Cover of the book India and China in Africa by Raj Verma, Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Raj Verma ISBN: 9781317307747
Publisher: Taylor and Francis Publication: December 19, 2016
Imprint: Routledge Language: English
Author: Raj Verma
ISBN: 9781317307747
Publisher: Taylor and Francis
Publication: December 19, 2016
Imprint: Routledge
Language: English

With their phenomenal growth rates, India and China are surging ahead as world economic powers. Due to increasing instability in the Middle East, they have turned to Africa to procure oil to fuel their industrialisation process. Africa’s economy stands to be impacted in various ways due to the increasing interaction with these ‘Asian Giants’.

This book analyses the acquisition of oil blocks by Indian and Chinese oil corporations in eleven West African countries. It describes the differences in how India and China mobilise oil externally to meet their respective goals and objectives. The book examines the rate of return on capital, rate of interest on loans and the ease of availability of loans, the difference in the level of technology and ability to acquire technology, project management skills, risk aversion, valuation of the asset and the difference in the economic, political and diplomatic support received by the Chinese and Indian oil companies from their respective governments. It is argued that the difference in the relative economic and political power of India and China accounts for the ability of Chinese oil companies to outbid their Indian competitors and/or be preferred as partners by international oil companies.

Containing interviews from Indian and Chinese oil company executives, government officials, industry officials, former diplomats and scholars and academics from India, China and the UK, this book makes a valuable contribution to existing literature on India, China and the oil industry in West Africa. It will be a valuable resource for academics in the field of International Relations, Foreign Policy Analysis, Asian Business and Economics.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

With their phenomenal growth rates, India and China are surging ahead as world economic powers. Due to increasing instability in the Middle East, they have turned to Africa to procure oil to fuel their industrialisation process. Africa’s economy stands to be impacted in various ways due to the increasing interaction with these ‘Asian Giants’.

This book analyses the acquisition of oil blocks by Indian and Chinese oil corporations in eleven West African countries. It describes the differences in how India and China mobilise oil externally to meet their respective goals and objectives. The book examines the rate of return on capital, rate of interest on loans and the ease of availability of loans, the difference in the level of technology and ability to acquire technology, project management skills, risk aversion, valuation of the asset and the difference in the economic, political and diplomatic support received by the Chinese and Indian oil companies from their respective governments. It is argued that the difference in the relative economic and political power of India and China accounts for the ability of Chinese oil companies to outbid their Indian competitors and/or be preferred as partners by international oil companies.

Containing interviews from Indian and Chinese oil company executives, government officials, industry officials, former diplomats and scholars and academics from India, China and the UK, this book makes a valuable contribution to existing literature on India, China and the oil industry in West Africa. It will be a valuable resource for academics in the field of International Relations, Foreign Policy Analysis, Asian Business and Economics.

More books from Taylor and Francis

Cover of the book The Design of Active Crossovers by Raj Verma
Cover of the book Perception by Raj Verma
Cover of the book Superpower Rivalry and Conflict by Raj Verma
Cover of the book Modern Korean Grammar by Raj Verma
Cover of the book The Spaniards in Rome (Routledge Revivals) by Raj Verma
Cover of the book Innovation and Tourism Destination Development by Raj Verma
Cover of the book The Middle English Romances of the Thirteenth and Fourteenth Centuries (Routledge Revivals) by Raj Verma
Cover of the book The Archaeological Imagination by Raj Verma
Cover of the book Geography of the World's Major Regions by Raj Verma
Cover of the book Learning from Life by Raj Verma
Cover of the book Secessionism and Separatism in Europe and Asia by Raj Verma
Cover of the book Endangerment, Biodiversity and Culture by Raj Verma
Cover of the book Urban Movements in a Globalising World by Raj Verma
Cover of the book International Relations and Historical Sociology by Raj Verma
Cover of the book Welfare State Capitalst Society by Raj Verma
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy