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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Taal Engels ● Formaat PDF ● Pagina’s 312 ● ISBN 9783790816105 ● Bestandsgrootte 16.6 MB ● Editor Bernard Michael Gilroy & Thomas Gries ● Uitgeverij Physica ● Stad Heidelberg ● Land DE ● Gepubliceerd 2006 ● Downloadbare 24 maanden ● Valuta EUR ● ID 2206453 ● Kopieerbeveiliging Sociale DRM