The main objective of this study is to build a basic understanding of the potential of Africa-China trade and investment relations. Using historical data covering a sample of African countries, multiple regression analyses will be performed to determine the relationship ...African Development Bank
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The main objective of this study is to build a basic understanding of the potential of Africa-China trade and investment relations. Using historical data covering a sample of African countries, multiple regression analyses will be performed to determine the relationship between the specific determinants and real per capita economic (GDP) growth over a twelve year period. Using the results, conclusions will be drawn about the relationship among the determinants in their effects on long-term economic growth.
In 2008 The African continent was seeing its strongest economic growth since the 1970s. 15 African countries entered a second decade in which they posted strong annual economic growth rate of above 5%. Despite strong economic performance, Sub-Saharan Africa remains the only region not on track for achieving the Millennium Development Goals by 2015.
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