Exploring the Neo-Colonial Influence of Chinese FDI and Western Power on the Evolution of Labor Market Policies in a Developing Country

IF 2.6 4区 管理学 Q3 MANAGEMENT Management and Organization Review Pub Date : 2023-10-05 DOI:10.1017/mor.2023.16
Julius Nyiawung, John Geary, Mandiefe Piabuo
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Abstract

Abstract Despite the influx of Chinese FDI at the dawn of the 21st century and decades of neo-liberal, market-oriented economic policies in Africa, the pervasive nature of institutional voids (particularly in the labor market) has been constantly flagged as an impediment to socio-economic development in the continent. This has prompted calls for more research into the ability of independent African states to pursue viable labor market policy options, from a business system perspective. While institutional theory (specifically the notion of institutional voids) suggests the use of market-supporting and contract-enforcement structures and processes to enable the efficient functioning of the economy, it does not address the effect of strong external ‘powers’ on weak local institutions in developing countries. This study qualitatively explores how the shifting geopolitical landscape (power) from Western to Chinese sources of FDI shaped the nature and evolution of labor market institutions in Cameroon. The findings show that an entrenched parochial and crony Cameroonian institutional context was at the mercy of transnational forces playing a pivotal role, rather than coherent national socio-economic policy options, in shaping labor market institutions in the country. In an act of political complicity, the dynamics that flowed from Chinese FDI have engendered a regressive turn toward the failed nationalistic labor market policies pursued by Cameroon after independence. This article contributes to revealing the debilitating role of Chinese and Western FDI, and the ensuing dynamics, in the creation and sustenance of labor market institutions in a parochial developing economic context characterized by regulative institutional voids.
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探讨中国直接投资与西方势力对发展中国家劳动力市场政策演变的新殖民影响
尽管中国在21世纪初大量涌入非洲,非洲实行了数十年的新自由主义、以市场为导向的经济政策,但普遍存在的制度空白(特别是在劳动力市场)一直被认为是非洲大陆社会经济发展的障碍。这促使人们呼吁从商业制度的角度,对独立的非洲国家寻求可行的劳动力市场政策选择的能力进行更多的研究。虽然制度理论(特别是制度空白的概念)建议使用市场支持和契约执行的结构和过程来实现经济的有效运作,但它并没有解决强大的外部“权力”对发展中国家薄弱的地方制度的影响。本研究定性地探讨了从西方到中国的外国直接投资来源的地缘政治格局(权力)如何影响喀麦隆劳动力市场制度的性质和演变。调查结果表明,喀麦隆根深蒂固的狭隘和任人唯亲的制度背景,在塑造该国劳动力市场制度方面,受到跨国力量的支配,而不是连贯的国家社会经济政策选择。在政治共谋的行为中,来自中国的外国直接投资的动力已经导致喀麦隆在独立后所追求的失败的民族主义劳动力市场政策的倒退。本文揭示了中国和西方外国直接投资的削弱作用,以及随之而来的动态,在以监管制度空白为特征的狭隘发展经济背景下,劳动力市场制度的创建和维持。
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CiteScore
5.20
自引率
3.40%
发文量
41
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