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 161
- Downloads 0
Evaluation of the performance appraisal systems in KNUST and GIMPA libraries
Academic libraries have a performance appraisal system comprising setting of goals, feedback, participation and incentives for performance. This study aimed at evaluating the performance appraisal system in the KNU...
The adoption of electronic data interchange (EDI) technology by Nigerian SMEs: A conceptual framework
In these days, the adoption of information technology (IT) in business operations is no longer privilege to large organizations; Small-Medium-Enterprises are also trying to adopt the IT in process of gaining the benefits...
Is it time to withdraw from china?
This research cross-employs the Social Cognitive Theory (SCT) and three major labor theories comprised of Maslow’s theory, Alderfer’s theory and Herzberg’s theory with Multiple Criteria Decision Making (MCDM) consisting...
The current account-interest rate relation: A panel data study for OECD countries
The issue of the current account is important for policy makers, since it provides information about quantity of foreign resources that must be borrowed to fund domestic investment. This study examines the relationship b...
The privatization of central statistics office; case of Botswana: The challenges of the change process
The purpose of this study was to examine the challenges of the change process experienced by CSO in becoming partly-privatized organization and to suggest better ways of going through the transition. This research was do...