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Economic Development in Africa: Rethinking the Role of Foreign Direct Investment (Energy Resources Development) - Softcover
Synopsis
Economic Development in Africa reviews the structure and composition of Africa's trade along with the associated problems of commodity dependence. It also attempts to place in perspective the reasons for Africa's poor performance and its declining share in world trade. In addition, the report makes an appeal for a new international initiative on commodities, consonant with the development needs of African countries.
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Economic Development in Africa: Rethinking the Role of Foreign Direct Investment (Energy Resources Development)
Seller: Shore Books, London, United Kingdom
Seller rating 5 out of 5 stars
Soft cover. Condition: Very Good. 106 pages. Africa s particular combination of geographical, historical and structural features has traditionally attracted Foreign Direct Investment into enclaves of export-oriented primary production with limited linkages to the rest of the economy. This situation has not changed much in recent years and has contributed to undermining a self-sustaining and dynamic investment process. This Report calls for a rethinking of the one-sided emphasis on attracting FDI and its replacement with a more balanced and more strategic approach tailored to African socio-economic conditions and development challenges. (SL#2B). Seller Inventory # SL0354