Foreign direct investment and its importance to the economy of South Africa
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Authors
Asafo-Adjei, Augustina
Issue Date
2009-08-25T10:51:51Z
Type
Dissertation
Language
en
Keywords
Economic growth , South Africa , Host country , FDI policies , Exchange rate , Foreign inflows , FDI models , Balance of payment , Foreign Direct Investment , Multinationals
Alternative Title
Abstract
This study focuses on foreign direct investment ("FDI") and its importance to the economy of South Africa. Recognising that FDI, notwithstanding the type, can contribute to economic growth and development, most countries including South Africa are constantly working to attract it, and hence its demand has become highly competitive. However, FDI does not go without some negative effects, such as conflicts between host and investor country, and the creation of damaging competition to local firms. These negative effects could be minimised if policies and strategies for the promotion and attraction of FDI is part of, and integrated into, general economic development and economic reform policies, and not seen in isolation. Although South Africa has implemented strategies to attract more FDI, a refinement of some of these policies is needed if the country is to be successful in this regard.
Description
Citation
Asafo-Adjei, Augustina (2009) Foreign direct investment and its importance to the economy of South Africa, University of South Africa, Pretoria, <http://hdl.handle.net/10500/1332>