A report by the United Nations Office of the Special Adviser on Africa* points out that the rise of emerging-market trade and investment may be just as likely to lead to win-lose outcomes as win-win ones. Economists Raphael Kaplinsky and Masuma Farooki argue that emerging-market bundled trade and aid has substantial implications for government debt and that outside of the oil sector, Africa has a very large trade deficit with countries such as China, Russia and South Korea....
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