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The New Scramble for Africa: An Explanation of the Differential Success of China and India in Entering the African Oil Industry

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Ben Bestor

on 28 April 2011

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Transcript of The New Scramble for Africa: An Explanation of the Differential Success of China and India in Entering the African Oil Industry

The New Scramble for Africa:
An Explanation of the Differential Success of China and India in Entering the African Oil Industry The Players China India Growing Need for oil rising populations burgeoning economies growing middle classes rapid urbanization Turning to africa... the new economic frontier increased bilateral trade growing emphasis on improving relations and outreach financing infrastructure projects which factors explain the differential success of chinese and indian national oil comapnies (NOCs) in entering the african oil industry? Differential success is due to differences in chinese and indian domestic political systems. chinese efforts have been comparatively more successful due to differences in two factors: motives of entry
(security vs. profit considerations) african states' perceptions
of china and india ENERGY SECURITY Favorable? Or not? expanding consumer markets Energy Security? Investment Profitability? Political System Motives of Entry African states' perceptions
of China and India Degree of Success Motives of Entry Security vs. Profit Considerations Enhancing Energy Security Investment profitability Political System Considerations African States' Perceptions
of China and India Implications
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