Adaptive Dynamics of Foreign Trade and Foreign Policy Strategy in Sub-Saharan Africa

Abstract

Geo­graph­ic­ally situ­ated in the Global South as the geo­lo­gical ex­ten­sion of the Afro-Euras­ian land mass, Africa is cent­rally situ­ated at the very in­ter­sec­tion of global stra­tegic dy­nam­ics. Based on this spe­cial polit­ical and eco­nomic po­s­i­tion, Africa is re-de­fin­ing its part­ner­ship with vari­ous re­gions of the world, in­clud­ing Cent­ral East­ern Europe. These coun­tries played an im­port­ant role dur­ing the African anti-co­lo­nial struggles and their early years of na­tion-form­a­tion in the de­vel­op­ment of the African human cap­ital. Hun­gary as mem­ber of the European Union prides it­self with its ex­tens­ive ex­per­i­ence in ag­ri­cul­ture, edu­ca­tion, sci­ence, tech­no­logy and in­nov­a­tion, it will act­ively par­ti­cip­ate in re­shap­ing re­la­tions with the coun­tries of the con­tin­ent. This paper at­tempts to ana­lyze the cur­rent gov­ern­ment policy for Hun­garian in­volve­ment in Africa, with a fuller in­sight into the for­eign eco­nomic re­la­tions as the most dy­namic and thriv­ing frame­work of co­oper­a­tion. Fi­nally, it touches upon is­sues of vari­ous trade and in­vest­ment re­lated fin­an­cial in­stru­ments, and best prac­tice meth­ods of in­ter­ven­tion as key ele­ments of a suc­cess­ful long-term stra­tegic Hun­garian policy to­wards Africa.