Les effets des investissements directs étrangers chinois sur la croissance économique des pays de l'Afrique Subsaharienne.

Abstract

Sub-Saharan Africa needs financing in order to develop. Since 1970, a source of private external financing, the financial direct investment (FDI), has been used to finance its development. At the present time, the flow of FDI towards Sub-Saharan Countries (SSA) has tremendously increased. Meanwhile, China’s demand for raw materials is growing in reaction to its huge economic expansion. The new global power found in Africa a way to meet its demand. Indeed, in 2003, China began to invest in SSA through FDI that have increased in line with China's growing demand. The thesis aims at updating the studies that have already demonstrated the effects of FDI on the African’s economic growth by focusing on the Chinese part of FDI. The analysis will consider only the SSA countries represented by a group of 10 countries. To achieve it, an empirical study was conducted using a Panel Data analysis over a 30-year horizon, from the 1990s to 2019. What emerges from the analysis is that Chinese FDI have a significant and positive effects on dataset’s countries, up to a certain threshold is reached where it becomes harmful for the national economic growth