000 02841nam a2200409Ii 4500
001 9781787433571
003 UtOrBLW
005 20210303084944.0
006 m o d
007 cr un|||||||||
008 171016s2017 enk ob 001 0 eng d
020 _a9781787433571
_q(e-book)
040 _aUtOrBLW
_beng
_erda
_cUtOrBLW
043 _af------
050 4 _aHG5822
_b.B63 2017
072 7 _aBUS113000
_2bisacsh
072 7 _aKCM
_2bicssc
080 _a336.1
082 0 4 _a332.673096
_223
100 1 _aBodomo, Adams,
_eauthor.
245 1 4 _aThe globalization of foreign investment in Africa :
_bthe role of Europe, China and India /
_cAdams Bodomo.
264 1 _bEmerald Publishing Limited,
300 _a1 online resource (xxi, 109 pages).
500 _aIncludes index.
504 _aIncludes bibliographical references.
520 _aThe 21st Century era of globalization has opened up many investment alternatives for Africa. This book examines the role of foreign direct investment (FDI) in Africa's socio-economic development with particular reference to Europe and Asia's two biggest emerging economic powers, China and India. The book starts with a focus on the conceptualizations of FDI and the debate about its benefits or otherwise to the economic development and political sovereignty of the recipient country. It then provides a historical overview of FDI in Africa, arguing that a paradigm shift occurred with China's 21st Century intensified foray into Africa in search of oil and other raw materials to fuel its rapidly rising economy. The book then explores India's presence in Africa, and how it had to wake up to challenge the sudden rise in Chinese investment in the country with its "Focus - Africa" investment programme. This is followed by a brief overview of new emerging players in the African Investment stratosphere, with particular reference to other 'BRIC' countries such as Brazil and Russia. The book concludes with the idea that maintaining clear investment alternatives in Africa's investment stratosphere presents the best scenario for an African economic renaissance in the 21st Century. As Africa becomes a locus for an intensified investment by both traditionally powerful economies and emerging powers, this book provides both a much needed overview and new proposals for foreign investment in the nation.
588 0 _aPrint version record
650 0 _aInvestments, Foreign
_zAfrica.
650 0 _aGlobalization
_zAfrica.
650 7 _aDevelopment economics & emerging economies.
_2bicssc
776 _z9781787433588
856 4 0 _uhttps://www.emerald.com/insight/publication/doi/10.1108/9781787433571
999 _c30239
_d30239