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African Hunt For Investment: Any Chance For Success?

Author

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  • IGNATY DYAKOV

    (University College London, UK)

Abstract

During recent two decades the world has witnessed a drastic increase in global FDI inflows. Gradually more and more investment has been directed to the developing countries in the attempt to diversify portfolios and use finance in the most efficient way. Not all developing regions of the world perfectly succeeded in attracting FDI. Large by labor force and territory, abundant in natural resources Sub-Saharan Africa could perform much better in this aspect. This paper once again reviews the opportunities for FDI in Africa and suggests possible ways for authorities of African states to overcome the existing situation.

Suggested Citation

  • Ignaty Dyakov, 2009. "African Hunt For Investment: Any Chance For Success?," Perspectives of Innovation in Economics and Business (PIEB), Prague Development Center, vol. 2(2), pages 63-66.
    • Handle: RePEc:pdc:jrpieb:v:2:y:2009:i:2:p:63-66
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    References listed on IDEAS

    as
    1. Asiedu, Elizabeth, 2002. "On the Determinants of Foreign Direct Investment to Developing Countries: Is Africa Different?," World Development, Elsevier, vol. 30(1), pages 107-119, January.
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    More about this item

    Keywords

    FDI; Africa; determinants; policy recommendations;
    All these keywords.

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa

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