Investment and Competitiveness in Africa
Title | Investment and Competitiveness in Africa PDF eBook |
Author | Diery Seck |
Publisher | Springer |
Pages | 218 |
Release | 2016-11-25 |
Genre | Business & Economics |
ISBN | 3319447874 |
The book provides a detailed analysis of the nature and determinants of finance and trade and their relationship with Africa’s competitiveness. Investment is examined in its various forms (financial vs. physical), and sources (private, public, domestic and FDI), as well as its relation to the size of domestic markets and export potential. The dimensions of trade related to financial development, trade costs, development of value chains and regional integration are also studied. The capacity of finance and investment to boost Africa’s competitiveness is assessed to inform continent-wide economic policy.
International Competitiveness in Africa
Title | International Competitiveness in Africa PDF eBook |
Author | Ivohasina Fizara Razafimahefa |
Publisher | Springer Science & Business Media |
Pages | 170 |
Release | 2007-05-24 |
Genre | Business & Economics |
ISBN | 3540689214 |
This book offers insight into international trade and foreign direct investment competitiveness in Africa. It examines two policies frequently used to enhance international competitiveness in Sub-Saharan African economies: exchange rate policy and productivity-related policy.
Africa’s Competitiveness in the Global Economy
Title | Africa’s Competitiveness in the Global Economy PDF eBook |
Author | Ifedapo Adeleye |
Publisher | Springer |
Pages | 415 |
Release | 2018-01-10 |
Genre | Business & Economics |
ISBN | 331967014X |
This book highlights the key issues, opportunities and challenges facing African firms, industries, cities and nations in their quest to compete successfully in the global economy. Exploring a topic which has grown in importance as Africa faces a period of subdued economic development, this edited collection takes a unique multi-disciplinary, multi-industry and multi-country approach. The authors provide insights into a broad range of issues, including competitiveness measurement and evaluation, sectoral competitiveness of declining and emerging industries, threats of the ‘Dutch Disease,’ and talent competitiveness. This timely book offers a response to the urgent need for the diversification of economies and the advancement of manufacturing in Africa, appealing to scholars of international business and economics.
Multinational Enterprises, Foreign Direct Investment and Growth in Africa
Title | Multinational Enterprises, Foreign Direct Investment and Growth in Africa PDF eBook |
Author | Bernard Michael Gilroy |
Publisher | Physica |
Pages | 312 |
Release | 2009-09-03 |
Genre | Business & Economics |
ISBN | 9783790822038 |
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.
Competition, Competitiveness and Growth in Sub-Saharan Africa
Title | Competition, Competitiveness and Growth in Sub-Saharan Africa PDF eBook |
Author | Reda Cherif |
Publisher | International Monetary Fund |
Pages | 48 |
Release | 2020-02-14 |
Genre | Business & Economics |
ISBN | 1513526375 |
Does greater product market competition improve external competitiveness and growth? This paper examines this question by using country-and firm-level data for a sample of 39 sub-Saharan African countries over 2000–17, as well as other emerging market economies and developing countries, and finds that an improvement in domestic competition is associated with a signficant increase in real GDP per capita growth rate, achieved mainly through an improvement in export competitiveness and productivity growth. Price levels, including of essential items, are also generally lowered with an increase in competition. Moreover, at the firm-level, evidence shows that greater competition—proxied through a decline in corporate market power—is associated with an increase in firm’s investment and the labor’s share in output. These effects are more pronounced in the manufacturing sector and among domestic firms compared to foreign firms.
Trade and Investment in East Africa
Title | Trade and Investment in East Africa PDF eBook |
Author | Binyam Afewerk Demena |
Publisher | Springer Nature |
Pages | 367 |
Release | 2022-11-01 |
Genre | Business & Economics |
ISBN | 9811942110 |
This book provides a thorough understanding of the key policy debates on international trade and investment for development with a focus on the East African Community (EAC) to strengthen Member States’ capacity to develop policies to promote their exports’ competitiveness and diversification. Beyond Member States’, the book serves as a base for a deeper understanding of the challenges, opportunities and requirements of the intra-continental trade agreement which is now in sight with the ratification of the Tripartite (EAC-COMESA-SADC) Free Trade Area that is critical in addressing key constraints to trade in the African continent. Moreover, the lessons from this edited volume may also extend to the challenges and opportunities of the African Continental Free Trade Area. The book brings together a comprehensive overview and an evidence-based analysis that can be considered best practice in the region. The trade and investment policy analysis of constraints and opportunities aims to improve trade and competitiveness and covers macro- (economy-wide), meso- (sectoral) and micro- (firm or household) levels. This multi-level approach is crucial for understanding how current trade and investment policies limit competitiveness and diversification in order to identify more tangible policy action for overcoming such constraints. The individual contributors follow comprehensive applied empirical approaches, and each chapter generates knowledge needed to identify key challenges and opportunities focusing on research-led policy-relevant approaches that enable readers to better understand national, bilateral, and multilateral cooperation as well as policies for sustainable development in East Africa. The contributors know the EAC context very well as their engagement in policymaking goes beyond the context of the papers they are writing about. The individual chapters were developed as part of a research and capacity building programme under the aegis of ACP and EU that we implemented in 2020-2022. The research project well fits into the Frontiers in African Business Research series as we have many African contributors. The contributions matter to policymakers and academic circles. For students, the book serves as an excellent guide for understanding international trade and investment theories and gaining up-to-date knowledge on developments in the world economy and their effects on developing countries and SDGs. Trade policy researchers and students will be able to extend theories and empirical data to address new and emerging topics beyond the settings already covered in the book.
Making Foreign Direct Investment Work for Sub-Saharan Africa
Title | Making Foreign Direct Investment Work for Sub-Saharan Africa PDF eBook |
Author | Thomas Farole |
Publisher | World Bank Publications |
Pages | 302 |
Release | 2014-01-13 |
Genre | Business & Economics |
ISBN | 1464801274 |
This book presents the results of a groundbreaking study on spillovers of knowledge and technology from global value-chain oriented foreign direct investment (FDI) in Sub-Saharan Africa, and discusses implications for policymakers hoping to harness the power of FDI for economic development.