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| Title: | Nigeria-China economic relations under the South-South cooperation |
| Author: | Udeala, Samuel Onuoha |
| Year: | 2010 |
| Periodical: | African journal of international affairs = Revue africaine des affaires internationales (ISSN 0850-7902) |
| Volume: | 13 |
| Issue: | 1-2 |
| Pages: | 61-88 |
| Language: | English |
| Geographic terms: | Nigeria China |
| Subjects: | international economic relations South-South relations economic dependence |
| External link: | https://www.ajol.info/index.php/ajia/article/view/99573 |
| Abstract: | The formal history of South-South cooperation is tied up with the activities of the Non-Aligned Movement (NAM) which was established in 1945-55. The original vision was for member countries to promote trade as well as to demonstrate, through practical examples, how commercially viable projects can be implemented, using technology, experience and capital from the South. Regrettably, these dreams still remain unfulfilled. The experience gained by the developing countries after several years of bilateral interaction with the North underscores the idea that South-South trade should be symmetrical. However, the most discernible pattern in the South-South relationship is still asymmetrical. A case in point is the Nigeria-China relationship which appears to be in great disequilibrium and to China's advantage. As bilateral relations between the two countries have progressed from cultural linkages to strong Chinese penetration of the Nigerian economy, observers of Nigeria's international relations have become highly conscious of the need to transform this intensive relationship into a mutually constructive one. Using a dependency approach, this article demonstrates that these disparities actually account for the sharp differences in the outcomes of bilateral trade and the level of development in the two countries. It also draws some vital lessons, not only for Nigeria but also for other sub-Saharan African countries, to learn from China in terms of the approach to economic reforms and development experience. The study identifies crucial aspects of Nigeria-China bilateral interactions, notably since Nigeria returned to democracy in 1999, and assesses the receptivity to the Chinese penetration of the Nigerian economy and changing perspectives on the viability of these bilateral relations. Bibliogr., sum. in English and French. [Journal abstract] |
