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Do Chinese Infrastructure Loans Promote Entrepreneurship in African Countries?

Jonathan Munemo

No 55/2021, SAIS-CARI Policy Briefs from Johns Hopkins University, School of Advanced International Studies (SAIS), China Africa Research Initiative (CARI)

Abstract: As Chinese loans to Africa have been on an upward trajectory for more than a decade, there are questions about the economic consequences that large scale borrowing from China has on African economies. Jonathan Munemo investigates the impact these rising loans have on entrepreneurship and finds that African countries with a higher percentage of economic infrastructure loans have greater entrepreneurship in the form of new business startups.

Date: 2021
New Economics Papers: this item is included in nep-cna, nep-int and nep-ure
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