How effective are fiscal incentives to attract FDI to sub-saharan Africa?

2.50
Hdl Handle:
http://hdl.handle.net/2173/14668
Title:
How effective are fiscal incentives to attract FDI to sub-saharan Africa?
Authors:
Cleeve, Emmanuel
Publisher:
Manchester Metropolitan University
Publication Date:
2006
URI:
http://hdl.handle.net/2173/14668
Additional Links:
http://www.hlss.mmu.ac.uk/economics/research/discussion_papers/
Abstract:
Given the role of foreign direct investment (FDI) in the development process, one of the most important challenges facing Africa is how to attract FDI. A number of attempts which have been made have been unsuccessful because of various factors that work against the business environment for FDI. Africa’s image as a high-risk investment region has to be dispelled, as the flow of FDI is highly sensitive to economic and political risks. Fiscal incentives, the most popular instrument for attracting FDI in Africa, have failed to deliver the expected increase in FDI inflows. What is needed is political and macroeconomic stability at the national and regional levels, property rights protection and other investment-supporting regulations and improvements in infrastructure and service support systems.
Type:
Working Paper
Language:
en
Series/Report no.:
Discussion Papers in Economics

Full metadata record

DC FieldValue Language
dc.contributor.authorCleeve, Emmanuel-
dc.date.accessioned2007-11-22T12:05:18Z-
dc.date.available2007-11-22T12:05:18Z-
dc.date.issued2006-
dc.identifier.urihttp://hdl.handle.net/2173/14668-
dc.description.abstractGiven the role of foreign direct investment (FDI) in the development process, one of the most important challenges facing Africa is how to attract FDI. A number of attempts which have been made have been unsuccessful because of various factors that work against the business environment for FDI. Africa’s image as a high-risk investment region has to be dispelled, as the flow of FDI is highly sensitive to economic and political risks. Fiscal incentives, the most popular instrument for attracting FDI in Africa, have failed to deliver the expected increase in FDI inflows. What is needed is political and macroeconomic stability at the national and regional levels, property rights protection and other investment-supporting regulations and improvements in infrastructure and service support systems.en
dc.format.extent325190 bytes-
dc.format.mimetypeapplication/pdf-
dc.language.isoenen
dc.publisherManchester Metropolitan Universityen
dc.relation.ispartofseriesDiscussion Papers in Economicsen
dc.relation.urlhttp://www.hlss.mmu.ac.uk/economics/research/discussion_papers/-
dc.titleHow effective are fiscal incentives to attract FDI to sub-saharan Africa?en
dc.typeWorking Paperen
All Items in e-space are protected by copyright, with all rights reserved, unless otherwise indicated.