How can Africa, the worlda (TM)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 Africaa (TM)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 Africaa (TM)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.
Or split into 4x interest-free payments of 25% on orders over R50
Learn more
How can Africa, the worlda (TM)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 Africaa (TM)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 Africaa (TM)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.
Imprint | Physica-Verlag |
Country of origin | Germany |
Series | Contributions to Economics S. |
Release date | October 2004 |
Availability | Expected to ship within 10 - 15 working days |
First published | 2005 |
Editors | Bernard Michael Gilroy, Thomas Gries, Willem A. Naude |
Dimensions | 235 x 155 x 18mm (L x W x T) |
Format | Paperback |
Pages | 305 |
Edition | 2005 ed. |
ISBN-13 | 978-3-7908-0276-4 |
Barcode | 9783790802764 |
Categories | |
LSN | 3-7908-0276-X |