A REPUTATION DEFICIT? THE MYTHS AND REALITY OF CHINESE INVESTMENT IN ZAMBIA

Autor:	Weiyi Shi, Brigitte Seim
Rok vydání:	2021
Předmět:	Economics and Econometrics Market economy Sociology and Political Science Political science media_common.quotation_subject Political Science and International Relations Mythology Development Investment (macroeconomics) Reputation media_common
Zdroj:	Journal of East Asian Studies. 21:259-282
ISSN:	2234-6643 1598-2408
DOI:	10.1017/jea.2021.18
Popis:	What drives public discontent about Chinese investment on the ground? This study probes the “ground truth” of public reaction in Zambia by documenting both the public perception and the actual impacts of Chinese investments. We find a “reputation deficit” for Chinese investment: Zambians are significantly less likely to support Chinese investment than investment from other countries. Combining results from an original household survey, interview records, and official statistics, we examine the drivers of this reputation deficit. Chinese firms are no worse at generating employment or adhering to labor and environmental standards than Western corporations operating in Zambia, according to official statistics as well as public opinion. However, Chinese firms possess a lower degree of localization, specifically in managers’ knowledge of local languages and the provision of culturally relevant benefits, and they are less likely to engage with the media. Our study highlights these previously overlooked causes of the reputation deficit.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::153053bbb9d0e1baff4b6c9c87bd6bb6 https://doi.org/10.1017/jea.2021.18 Zobrazit plný text záznamu