President Xi Jinping launched China's flagship outbound investment strategy, One Belt One Road, in 2013. The 'Road' segment first targeted coastal economies in the Indian Ocean, especially Kenya and Tanzania, and has since broadened in ambition. This seminar studies OBOR through the lens of the push factors in China's economy that underlie its economic agenda (Johnston, 2016 and 2015b), and the pull factors that drew China's attention to East Africa (Johnston et al, 2015a). Potential ramifications for Australia as a member of the Indian Ocean Rim Association (IORA) and for global development in the 21st century are discussed.
Johnston, L.A. 2016. Africa, and China’s One Belt, One Road Initiative: Why now and what next? Engaging with the emerging economies. Bridges Africa, Vol. 5(7) September. International Centre for Sustainable Trade and Development, Geneva. Available here: http://www.ictsd.org/bridges-news/bridges-africa/news/africa-and-china%E2%80%99s-one-belt-one-road-initiative-why-now-and-what
Johnston, L. 2015b. Boom to cusp: Prospecting the ‘new normal’ in China and Africa, in R. Garnaut, L. Song, C. Fang and L. Johnston (editors). China’s Domestic Transformation in a Global Context, ANU Press, Canberra, 383-408. Available here: http://pressfiles.anu.edu.au/downloads/press/p320411/pdf/ch16.pdf
Johnston, L.A., S.L. Morgan and Y. Wang. 2015a. The Gravity of China’s African Export Promise, World Economy, 38(6), 913-34. doi: 10.1111/twec.12229. Available here: http://onlinelibrary.wiley.com/doi/10.1111/twec.12229/abstract
Dr Lauren Johnston is a Research Fellow in the Melbourne Institute of Applied Economic and Social Research. Lauren's research in development economics applies mainly to China and Africa, and ChinaAfrica relations. Previously Lauren taught Chinese economy at the Beijing Foreign Studies University (IES), and held positions at the World Bank in DC and World Economic Forum in Geneva. As a Fellow of the Overseas Development Institute she was an economist in the Ministries of Finance of Guyana and Sierra Leone each for a year. Lauren holds a PhD (Econ) from Peking University, a MSc (Dev Econ) from the University of London (SOAS) and a BA/BCom from the University of Melbourne.