How can Africa, the world’s most lagging region, benefit from globalisation and achieve sustained economic growth? Africa needs greater investment by Multinational Enterprises (MNEs) to improve competitiveness and generate more growth through positive spill-over effects. Despite the fact that Africa’s returns on investment averaged 29% since 1990, Africa has gained merely 1% of global Foreign Direct Investment (FDI) flows. The challenge for African countries is how to be a more desirable destination for FDI. The study integrates three currents of economic research, namely from the literature on (endogenous) economic growth, convergence and regional integration, the explanations for Africa’s poor growth and the growing understanding of the role of MNEs in a global economy. The empirical side of the book is based on an econometric study of the determinants of FDI in Africa as well as a detailed firm-level survey conducted in 2000.
Bernard Michael Gilroy & Thomas Gries
Multinational Enterprises, Foreign Direct Investment and Growth in Africa [PDF ebook]
South African Perspectives
Multinational Enterprises, Foreign Direct Investment and Growth in Africa [PDF ebook]
South African Perspectives
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Bahasa Inggeris ● Format PDF ● Halaman-halaman 312 ● ISBN 9783790816105 ● Saiz fail 16.6 MB ● Penyunting Bernard Michael Gilroy & Thomas Gries ● Penerbit Physica ● Bandar raya Heidelberg ● Negara DE ● Diterbitkan 2006 ● Muat turun 24 bulan ● Mata wang EUR ● ID 2206453 ● Salin perlindungan Social DRM