China’s expanding engagement in Africa as a global influence
Journal Title: E3 Journal of Business Management and Economics - Year 2012, Vol 3, Issue 4
Abstract
This paper examines the performance, promotion, and prospects for foreign direct investment (FDI) in Africa. Factors such as political and macroeconomic instability, low growth, weak infrastructure, poor governance, inhospitable regulatory environments, and ill-conceived investment promotion strategies are identified as responsible for the poor FDI record of the region. The paper stresses the need for more trade and investment relations between Africa and Asia. It also argues that countries in the region should pay more attention to the improvement of relations with existing investors and offer them incentives to assist in marketing domestic investment opportunities to potential foreign investors. Finally, the paper argues that the current wave of globalization sweeping through the world has intensified the competition for FDI among developing countries. Consequently, concerted efforts are needed at the national, regional, and international levels in order to attract significant investment flows to Africa and improve the prospects for sustained growth and development.
Authors and Affiliations
Ghirmai Kefela
Keywords
Related Articles
- EP ID EP98005
- DOI -
- Views 150
- Downloads 0
A study of health and safety practices in small and medium sized enterprises: -A case of Botswana
The purpose of this research is to understand the views of different employees in small and medium enterprises about what can be done to improve the health and safety in work places. In order to carry out this research,...
Transformational leadership and employees career salience; an empirical study conducted on banks of Pakistan
The following study examines the relationship between transformational leadership and employees’ career salience. This research is conducted to answer the question that whether employees’ career salience has association...
Indonesia during two big economic crises 1997/98 and 2008/09: How was the impact and what was the main difference between the two crises?
This paper aims to examine the Indonesian experiences with the 1997/98 Asian financial crisis and the 2008/09 global economic crisis. It has three main parts. The first part gives a theoretical explanation of the main tr...
How the small and medium-sized enterprises’ owners’ credit features affect the enterprises’credit default behavior?
Identifying and measuring credit risk of small and medium-sized enterprises should be different from that of large firms, for SMEs appear to be influenced by their owners more directly and significantly. This paper...
China’s expanding engagement in Africa as a global influence
This paper examines the performance, promotion, and prospects for foreign direct investment (FDI) in Africa. Factors such as political and macroeconomic instability, low growth, weak infrastructure, poor governance, inho...