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Investment attraction, competition and growth; theoretical perspective in the context of Africa

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  • Senzu, Emmanuel Tweneboah

Abstract

Examination in both theoretical and empirical perspective deduce that, the major indicators of modern economy growth, depends on the extent of economic financialization, commonly defined as capital stock, industrialization and Technological Advancement. The focus of this paper is to theorize investment attraction mechanism for a national economy in a global competitive arena taking a posteriori perspective of Africa politico-economic climate.

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  • Senzu, Emmanuel Tweneboah, 2018. "Investment attraction, competition and growth; theoretical perspective in the context of Africa," MPRA Paper 86619, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:86619
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    References listed on IDEAS

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    5. Easterly, William, 1999. "The ghost of financing gap: testing the growth model used in the international financial institutions," Journal of Development Economics, Elsevier, vol. 60(2), pages 423-438, December.
    6. T. W. Swan, 1956. "ECONOMIC GROWTH and CAPITAL ACCUMULATION," The Economic Record, The Economic Society of Australia, vol. 32(2), pages 334-361, November.
    7. Cecilia Garcia-Penalosa & Eve Caroli & Philippe Aghion, 1999. "Inequality and Economic Growth: The Perspective of the New Growth Theories," Journal of Economic Literature, American Economic Association, vol. 37(4), pages 1615-1660, December.
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    10. repec:dau:papers:123456789/10091 is not listed on IDEAS
    11. Fischer, Stanley, 1977. "Long-Term Contracts, Rational Expectations, and the Optimal Money Supply Rule," Journal of Political Economy, University of Chicago Press, vol. 85(1), pages 191-205, February.
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    Cited by:

    1. Tweneboah Senzu, Emmanuel, 2021. "Financial Inclusion: Theory and Policy guide for fragile economies," MPRA Paper 111002, University Library of Munich, Germany.

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    More about this item

    Keywords

    Investment Economics; Growth Economics; Macroeconomics; microeconomics;
    All these keywords.

    JEL classification:

    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
    • O42 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Monetary Growth Models

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