Fdi in Africa

African Journal of Business Management Vol.3 (5), pp. 178-183, May 2009 functional online at http://www.academicjournals.org/AJBM ISSN 1993-8233 © 2009 Academic Journals Full Length seek Paper Can opposed direct investment (FDI) help to advertize growth in Africa? Samuel Adams Ghana Institute of Management and overt Administration P. O. Box AH 50, Achimota, Ghana. E-mail: sadamss2000@yahoo.com. Accepted 26 March, 2009 In the last 2 decades, foreign direct investment (FDI) flows exhaust grown rapidly all over the world. This is because many countries and particularly ontogeny countries see FDI as an important element in their dodge for economic development. This paper provides a suss out of the foreign direct investment economic growth literature in the context of developing countries, and particularly Sub-Saharan Africa.

The two briny findings are as follows, first, FDI contributes to economic development of host province in two main ways, augmentation of domestic capital and enhancement of efficiency through the transfer of new technology, marketing and managerial skills, innovation and best practices, secondly FDI has both benefits and costs and its shock absorber is determined by the country specific conditions in customary and the policy environment in particular in term of the ability to diversify, the level of absorption capacity, targeting of FDI, and opportunities for linkages between FDI and domestic investment. The findings of the review suggest that FDI is necessary but not a comfortable condition for economic growth. Key words: Foreign orchestrate investment, economic growth, diversification, absorption capacity, Sub Saharan Africa. INTRODUCTION In the last two decades, foreign direct investment (FDI) flows mother grown rapidly all over the world. This is because many developing countries see FDI as an important element in their strategy for economic development (Ayanwale, 2007). Mergers and acquisitions including private-to-private transactions as well as... If you pauperism to get a full essay, order it on our website: Orderessay

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