Foreign Capital Flows And Economic Development In Africa

Author : Evelyn Wamboye,Esubalew Alehegn Tiruneh
Publisher : Springer
Page : 514 pages
File Size : 46,5 Mb
Release : 2017-03-16
Category : Business & Economics
ISBN : 9781137534965

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Foreign Capital Flows and Economic Development in Africa by Evelyn Wamboye,Esubalew Alehegn Tiruneh Pdf

This collection examines the extent to which foreign capital from conventional (OECD countries) and non-conventional (BRICS) sources has impacted economic development in Africa over the last two decades. It provides in-depth analyses of the nature, motives, and implications of this capital, and identifies drivers of contemporary rapid growth within and across African countries. Authored by leading experts, the book offers original insights for academics, policymakers, and practitioners studying the changes taking place in Africa as the continent strides more confidently toward integration with the global economy. The major themes addressed in this book include:• The implications of growing Chinese engagement in Africa • BRICS countries' versus OECD countries' investment contributions to Africa• The politics of land, land grab, and the puzzle of inclusive development in Africa• Foreign research and development spillovers, trade linkages, and productivity in Africa• Foreign aid effects on social sector, growth, and structural change in Africa• Remittances, foreign debt, resource management, and economic development in Africa

Author : Hugh Dang,Gaston Gohou,Hugues Kouadio
Publisher : Cambridge Scholars Publishing
Page : 489 pages
File Size : 44,9 Mb
Release : 2019-01-17
Category : Business & Economics
ISBN : 9781527525986

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Foreign Direct Investment and Economic Development in Africa by Hugh Dang,Gaston Gohou,Hugues Kouadio Pdf

This book explores several aspects of foreign direct investment (FDI) and their linkages to African economies. It will appeal to policy makers, development agency professionals and researchers, based as it is on stylized facts and rigorous analytical studies. The reader will find state-of-the-art analyses on FDI-related topics throughout the chapters. Policy makers and development professionals will find in this book a useful guide to draw sound policies based on facts and rigorous analyses.

Author : S. Motamen-Samadian
Publisher : Springer
Page : 180 pages
File Size : 51,8 Mb
Release : 2005-09-20
Category : Business & Economics
ISBN : 9780230597969

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Capital Flows and Foreign Direct Investments in Emerging Markets by S. Motamen-Samadian Pdf

This book presents the latest findings on the impact of capital flows and foreign direct investments (FDI) on macroeconomic variables and financial development of emerging markets. Each chapter concentrates on a different region and explores the significance of specific factors that can attract FDI to that region. They highlight the importance of political stability, as well as social and economic freedom in attracting FDIs. The studies also show the extent by which African and Middle Eastern countries have lagged behind other emerging markets and the need for urgent adjustment policies.

Author : United Nations Conference on Trade and Development
Publisher : United Nations Publications
Page : 128 pages
File Size : 46,6 Mb
Release : 2005
Category : Business & Economics
ISBN : STANFORD:36105122708014

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Economic Development in Africa by United Nations Conference on Trade and Development Pdf

Given the lack of adequate resources to finance long-term development in Africa, the need to attract foreign direct investment has become a key aspect of development strategies in recent years advocated by policymakers at national, regional and international levels. This publication evaluates the benefits and disadvantages that FDI brings for the host country in efforts to achieve sustainable economic development, and calls for a more balanced strategic approach which sufficiently recognises the economic and development challenges facing African countries.

Author : J. Adler
Publisher : Springer
Page : 526 pages
File Size : 50,5 Mb
Release : 1967-06-01
Category : Business & Economics
ISBN : 9781349152384

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Capital Movements and Economic Development by J. Adler Pdf

Author : Nombulelo Gumata,Eliphas Ndou
Publisher : Springer Nature
Page : 385 pages
File Size : 44,7 Mb
Release : 2019-12-11
Category : Business & Economics
ISBN : 9783030308889

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Capital Flows, Credit Markets and Growth in South Africa by Nombulelo Gumata,Eliphas Ndou Pdf

This book examines the dynamics in capital flows, credit markets and growth in South Africa. The authors explore the role of global economic growth, policy shifts and various economic policy uncertainties. Central banks in advanced economies are engaged in unconventional monetary policy tools such as balance sheet policies, negative interest rates and extended forward guidance to assist them to meet their price, financial and macro-economic stability objectives. This book determines whether BRICS GDP growth is a source of shocks or an amplifier of global growth shocks. The authors find that global economic growth and policy uncertainty reinforce each other via capital flows, credit conditions and business confidence on the domestic economy. Furthermore, they demonstrate that there is momentum in the changes in the spread between the repo rate and federal funds rate. In addition, global real policy rates impact domestic GDP growth and labor market conditions. The authors examine the economic costs of capital flow surges, sudden stops and elevated portfolio volatility shocks and their interaction with GDP growth and credit. They show that equity and debt inflows matter in the attainment of the price stability mandate. Moreover, business confidence transmits sovereign credit ratings upgrades and downgrades shocks to the real economy via GDP growth, the cost of government debt and borrowing to impact credit growth. High GDP growth increases the likelihood of sovereign credit ratings upgrades, hence policymakers should implement pro-growth policies. Inflation regimes impact the transmission of positive nominal demand shocks to the price level. Low and stable inflation (inflation below 4.5 per cent) reduces the pass-through of positive nominal demand shocks to inflation.

Author : Corinne Deléchat,Ms.Smita Wagh,Mr.Gustavo Ramirez,Mr.John Wakeman-Linn
Publisher : International Monetary Fund
Page : 39 pages
File Size : 55,7 Mb
Release : 2009-05-01
Category : Business & Economics
ISBN : 9781451872613

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Sub-Saharan Africa's Integration in the Global Financial Markets by Corinne Deléchat,Ms.Smita Wagh,Mr.Gustavo Ramirez,Mr.John Wakeman-Linn Pdf

The paper uses a unique database covering 44 countries in sub-Saharan Africa (SSA) countries between 2000 and 2007 to study the determinants of the allocation and composition of flows across countries, as well as channels through which private capital flows could affect growth. In our sample, the degree of financial market development is an important determinant of the distribution of capital flows across countries as opposed to property rights institutions. The fairly consistent positive association between net capital flows and growth for SSA countries contrasts with the more pessimistic results of recent studies, though our data do not allow us to make conclusive inferences about a causality relationship.

Author : International Monetary Fund. African Dept.
Publisher : International Monetary Fund
Page : 69 pages
File Size : 55,6 Mb
Release : 2018-10-11
Category : Business & Economics
ISBN : 9781484375396

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Regional Economic Outlook, October 2018, Sub-Saharan Africa by International Monetary Fund. African Dept. Pdf

The macroeconomic outlook for sub-Saharan Africa continues to strengthen. Growth is expected to increase from 2.7 percent in 2017 to 3.1 percent in 2018, reflecting domestic policy adjustments and a supportive external environment, including continued steady growth in the global economy, higher commodity prices, and accommodative external financing conditions. Inflation is abating; and fiscal imbalances are being contained in many countries. Over the medium term, and on current policies, growth is expected to accelerate to about 4 percent, too low to create the number of jobs needed to absorb anticipated new entrants into labor markets.

Author : Mr.Emre Alper,Ms.Wenjie Chen,Mr.Jemma Dridi,Mr.Herve Joly,Mr.Fan Yang
Publisher : International Monetary Fund
Page : 128 pages
File Size : 53,6 Mb
Release : 2017-01-13
Category : Political Science
ISBN : 9781475573862

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A Work in Progress by Mr.Emre Alper,Ms.Wenjie Chen,Mr.Jemma Dridi,Mr.Herve Joly,Mr.Fan Yang Pdf

This paper assesses the extent of economic and financial integration among the East African Community (EAC) along a number of dimensions and, where possible, whether integration has increased in the wake of the major regional integration policy milestones.

Author : Bernard Michael Gilroy,Thomas Gries,Willem A. Naudé
Publisher : Springer Science & Business Media
Page : 303 pages
File Size : 47,5 Mb
Release : 2006-03-30
Category : Business & Economics
ISBN : 9783790816105

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Multinational Enterprises, Foreign Direct Investment and Growth in Africa by Bernard Michael Gilroy,Thomas Gries,Willem A. Naudé Pdf

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.

Author : United Nations Conference on Trade and Development
Publisher : United Nations Publications
Page : 388 pages
File Size : 47,9 Mb
Release : 2003
Category : Capital movements
ISBN : 9211125944

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Management of Capital Flows by United Nations Conference on Trade and Development Pdf

This publication contains seven papers presented at a workshop jointly organised by UNCTAD and the Government of Egypt, held in Cairo on 20-21 March 2001. Subjects discussed include: corporate governance in emerging markets; the OECD experience with capital account liberalisation; capital account management in India and Malaysia; the Chinese economy, financial sector restructuring and international investment; post-crisis financial reforms in South Korea; public debt and macroeconomic management in sub-Saharan Africa; capital flows, capital accounts and foreign exchange regimes in Africa.

Author : Adams Bodomo
Publisher : Emerald Group Publishing
Page : 132 pages
File Size : 40,8 Mb
Release : 2017-10-31
Category : Business & Economics
ISBN : 9781787433588

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The Globalization of Foreign Investment in Africa by Adams Bodomo Pdf

The 21st Century era of globalization has opened up many investment alternatives for Africa. This book examines the role of FDI in Africa's socio-economic development with reference to Europe and two economic powers in Asia - China and India.

Author : Godfrey Mwakikagile
Publisher : Nova Biomedical Books
Page : 292 pages
File Size : 51,9 Mb
Release : 1999
Category : Business & Economics
ISBN : STANFORD:36105022155043

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Economic Development in Africa by Godfrey Mwakikagile Pdf

"This new book provides analyses of capitalism versus socialism as well as case studies illuminating the latest economic developments in the shift taking place in Africa."--BOOK JACKET.

Author : Michael U. Klein,Carl Aaron,Bita Hadjimichael
Publisher : World Bank Publications
Page : 50 pages
File Size : 42,6 Mb
Release : 2001
Category : Crecimiento economico
ISBN : 8210379456XXX

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Foreign Direct Investment and Poverty Reduction by Michael U. Klein,Carl Aaron,Bita Hadjimichael Pdf

In the 1990s, foreign direct investment began to swamp all other cross-border capital flows into developing countries. Does foreign direct investment support sound development? In particular, does it contribute to poverty reduction?

Author : Bernard Michael Gilroy,Thomas Gries,Willem A. Naudé
Publisher : Physica
Page : 312 pages
File Size : 43,5 Mb
Release : 2009-09-03
Category : Business & Economics
ISBN : 3790822035

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Multinational Enterprises, Foreign Direct Investment and Growth in Africa by Bernard Michael Gilroy,Thomas Gries,Willem A. Naudé Pdf

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.