FDI TRENDS IN GHANA: THE ROLE OF CHINA, US, INDIA AND SOUTH AFRICA

Kwasi Boakye–Gyasi () and Yao Li ()
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Kwasi Boakye–Gyasi: University of Electronic Science and Technology of China, P.R. China
Yao Li: University of Electronic Science and Technology of China, P.R. China

Eurasian Journal of Economics and Finance, 2017, vol. 5, issue 2, 1-16

Abstract: Researchers over the years have shown that the FDI has had a positive influence on national economic growth and development. This research examines the FDI Inflow in Ghana and the contribution of the Selected Countries observed FDI inflows between 2000 and 2014. While comparing the quantitative data, the study showed that the selected countries contributed more to the Agriculture, Manufacturing, Building/Construction, and Service sectors of Ghana in terms of volumes of investments and projects as compared to other sectors of the economy due to incentives attached to prioritized economic sectors. On employment generation, the selected countries percentage share of domestic employment was higher than that of expatriate employment due to Ghana investment laws that allows investor with a specific minimum capital of three hundred thousand dollars to employ minimum of ten Ghanaians for every foreign employee hired.

Keywords: FDI; Development Cooperation; Trade Investments; Investing Countries; Economic Sectors Journal: Eurasian Journal of Economics and Finance (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (2)

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