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Multinational Enterprises, Foreign Direct Investment and Growth in Africa

South African Perspectives

  • Book
  • © 2005

Overview

Part of the book series: Contributions to Economics (CE)

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Table of contents (12 chapters)

  1. Multinational Enterprises in Africa

  2. Labour Market Adjustment, Foreign Direct Investment and Human Resource Development

Keywords

About this book

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.

Editors and Affiliations

  • Department of Economics, University of Paderborn, Paderborn

    Bernard Michael Gilroy, Thomas Gries

  • Research Unit People, Policy and Performance, North West University, South Africa

    Willem A. Naudé

Bibliographic Information

  • Book Title: Multinational Enterprises, Foreign Direct Investment and Growth in Africa

  • Book Subtitle: South African Perspectives

  • Editors: Bernard Michael Gilroy, Thomas Gries, Willem A. Naudé

  • Series Title: Contributions to Economics

  • DOI: https://doi.org/10.1007/b138321

  • Publisher: Physica Heidelberg

  • eBook Packages: Business and Economics, Economics and Finance (R0)

  • Copyright Information: Physica-Verlag Heidelberg 2005

  • Softcover ISBN: 978-3-7908-0276-4Published: 20 October 2004

  • eBook ISBN: 978-3-7908-1610-5Published: 30 March 2006

  • Series ISSN: 1431-1933

  • Series E-ISSN: 2197-7178

  • Edition Number: 1

  • Number of Pages: VIII, 312

  • Number of Illustrations: 31 b/w illustrations

  • Topics: International Economics, Economic Growth

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