报告人简介：张宏霖，美国哈佛大学博士后,美国科罗拉多大学经济学博士，现为美国伊利诺州立大学经济系终身教授。学术任职包括美国英文学术期刊《中国经济》（The Chinese Economy）副主编及其它三个学术期刊编委，美国哈佛大学国际发展研究所研究顾问以及中国留美经济学会(Chinese Economists Society)两届副会长。其研究领域包括FDI-跨国公司、产业升级、国际贸易以及城市-区域经济发展。在知名国际学术刊物及学术专著上发表论文100多篇,包括Journal of Development Economics、 Economic Development and Cultural Change、Journal of Development Studies,Urban Studies等，编辑出版英文学术专著5部。

内容摘要：Foreign direct investment (FDI) from developing countries in other developing countries has increased significantly recently. Such the South-South FDI tends to behave differently from the North-South FDI. The rise of China’s FDI (C-FDI) in Africa has generated considerable controversy. While the popular opinion in Africa about C-FDI is positive, the Western reaction often is highly negative. How does C-FDI affect Africa’s economies? Do C-FDI and the North-FDI have different impacts on African economies? This paper studies the issues by using the cross-country panel data in 2003-2018. We find that benefits from C-FDI to African economies are greater than those from the North FDI, and that the promoting effects of C-FDI concentrate on host-country’s exports and industrialization. Uniquely the large Chinese investment in Africa’s infrastructure not only contributes overall economic growth, but also enhance host-country’s absorptive capacity in attracting and utilizing foreign capital.

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