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Foreign Direct Investment in Africa: The Role of Natural Resources, Market Size, Government Policy, Institutions and Political Instability

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  • Asiedu, Elizabeth
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    File URL: http://www.wider.unu.edu/stc/repec/pdfs/rp2005/rp2005-24.pdf
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    Bibliographic Info

    Paper provided by World Institute for Development Economic Research (UNU-WIDER) in its series Working Paper Series with number RP2005/24.

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    Length: 18 pages
    Date of creation: 2005
    Date of revision:
    Handle: RePEc:unu:wpaper:rp2005-24

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    Keywords: Africa; corruption; foreign direct investment; institutions; natural resources; political instability;

    References

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    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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    1. V N Balasubramanyam & M Salisu & David Sapsford., . "Foreign Direct Investment and Growth in EP and IS Countries," Working Papers ec18/94, Department of Economics, University of Lancaster.
    2. Magnus Blomstrom & Robert E. Lipsey & Mario Zejan, 1994. "What Explains Developing Country Growth?," NBER Working Papers 4132, National Bureau of Economic Research, Inc.
    3. Gastanaga, Victor M. & Nugent, Jeffrey B. & Pashamova, Bistra, 1998. "Host Country Reforms and FDI Inflows: How Much Difference do they Make?," World Development, Elsevier, vol. 26(7), pages 1299-1314, July.
    4. Dalia Hakura & Saleh M. Nsouli, 2003. "The Millennium Development Goals, Capacity Building, and the Role of the IMF," IMF Working Papers 03/119, International Monetary Fund.
    5. Asiedu, Elizabeth & Villamil, Anne P., 2000. "Discount Factors And Thresholds: Foreign Investment When Enforcement Is Imperfect," Macroeconomic Dynamics, Cambridge University Press, vol. 4(01), pages 1-21, March.
    6. Frankel, Jeffrey, 2003. "National Institutions and the Role of the IMF," Working Paper Series rwp03-010, Harvard University, John F. Kennedy School of Government.
    7. Adugna Lemi & Sisay Asefa, 2003. "Foreign Direct Investment and Uncertainty: Empirical Evidence from Africa," The African Finance Journal, Africagrowth Institute, vol. 5(1), pages 36-67.
    8. Shang-Jin Wei, 1997. "How Taxing is Corruption on International Investors?," William Davidson Institute Working Papers Series 63, William Davidson Institute at the University of Michigan.
    9. Owusu, Francis, 2003. "Pragmatism and the Gradual Shift from Dependency to Neoliberalism: The World Bank, African Leaders and Development Policy in Africa," World Development, Elsevier, vol. 31(10), pages 1655-1672, October.
    10. 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.
    11. Luiz de Mello, 1997. "Foreign direct investment in developing countries and growth: A selective survey," Journal of Development Studies, Taylor & Francis Journals, vol. 34(1), pages 1-34.
    12. Oliva, Maria-Angels & Rivera-Batiz, Luis A, 2002. "Political Institutions, Capital Flows, and Developing Country Growth: An Empirical Investigation," Review of Development Economics, Wiley Blackwell, vol. 6(2), pages 248-62, June.
    13. Brunetti, Aymo & Kisunko, Gregory & Weder, Beatrice, 1997. "Institutional obstacles to doing business : region-by-region results from a worldwide survey of the private sector," Policy Research Working Paper Series 1759, The World Bank.
    14. Peter Nunnenkamp, 2004. "To What Extent Can Foreign Direct Investment Help Achieve International Development Goals?," The World Economy, Wiley Blackwell, vol. 27(5), pages 657-677, 05.
    15. Jose De Gregorio, 1991. "Economic Growth in Latin America," IMF Working Papers 91/71, International Monetary Fund.
    16. Edgardo Campos, J. & Lien, Donald & Pradhan, Sanjay, 1999. "The Impact of Corruption on Investment: Predictability Matters," World Development, Elsevier, vol. 27(6), pages 1059-1067, June.
    17. Rodríguez, Francisco & Rodrik, Dani, 1999. "Trade Policy and Economic Growth: A Sceptic's Guide to the Cross-National Evidence," CEPR Discussion Papers 2143, C.E.P.R. Discussion Papers.
    18. Alfaro, Laura & Chanda, Areendam & Kalemli-Ozcan, Sebnem & Sayek, Selin, 2004. "FDI and economic growth: the role of local financial markets," Journal of International Economics, Elsevier, vol. 64(1), pages 89-112, October.
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