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China and Africa pp 263–283Cite as

Palgrave Macmillan

Conclusion: An Argument for a Development Paradigm in Africa That Reconciles the Washington Consensus with the Beijing Model

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Part of the book series: The Palgrave Macmillan Asian Business Series ((PAMABS))

Abstract

We argue that an approach which will reconcile the two opposing camps in Sino-African relations and bring the most progress is a ‘middle passage’ that greases contradictions and offers an accommodative, balanced and pragmatic vision on which Africans can unite. The chapter presents arguments for a development paradigm that reconciles the Washington Consensus with the Beijing Model. The analytical framework is organised in three main strands: (i) historical perspectives and contemporary views, (ii) reconciliation of dominant schools of thought and paradigms surrounding Sino–African relations and (iii) practical and contemporary implications. Reconciled schools of thought are engaged in four main categories: optimists versus pessimists, preferences in rights (human vs. national, idiosyncratic vs. sovereign and political vs. economic) and the Beijing model versus the Washington Consensus.

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Notes

  1. 1.

    It is also relevant to note that the selective application of laws by the International Criminal Court is also an eloquent example of African suspicions towards her Western counterparts’ bias re the concept of human rights.

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Authors and Affiliations

  1. Africa Governance and Development Institute, Yaounde, Cameroon

    Simplice A. Asongu

  2. School of Economics, Finance and Accounting, Faculty of Business and Law, Coventry University Priory Street, Coventry, CV1 5FB, UK

    Jacinta C. Nwachukwu

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  1. Simplice A. Asongu
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Correspondence to Simplice A. Asongu .

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  1. International Business and Economics, University of Greenwich, London, United Kingdom

    Young-Chan Kim

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Asongu, S.A., Nwachukwu, J.C. (2017). Conclusion: An Argument for a Development Paradigm in Africa That Reconciles the Washington Consensus with the Beijing Model. In: Kim, YC. (eds) China and Africa. The Palgrave Macmillan Asian Business Series. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-47030-6_11

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