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The Dynamics of Electronic Investment Networks: African Experience

Godwin Nwaobi ()

MPRA Paper from University Library of Munich, Germany

Abstract: Expanding opportunities for people in developing countries is a pressing concern for governments and for the global community. This is because of the fact that nearly half of the world's population lives on less than two dollar a day and one point one billion barely survive on less than one dollar a day. Thus, improving the climate for investment investment in African countries is essential to provide jobs and opportunities for young people and to build a more inclusive, balanced and peaceful world. Consequently, the importance attached to increasing the magnitude and productivity of investment must be underscored. Africa's investment ratio is still not sufficient to replace depreciated physical and human capital, requiring that both domestic and foreign investment be mobilised to effectively achieved sustained economic growth. This paper therefore argues that the dynamics of electronic investment networks in the african context need to be strengthened.

Keywords: e-gold; v-cash; digitalcurrency; investment; africaneconomy; forextrading; Onlinebusiness; electronicnetworks; internetstocks; ebay; networkmarketing; referralprogramme; usd22; goldlink; diamondtraders; amazon; e-book; google; investmentclimate; economicgrowth; e-bullion; swift; eft; visacard; mastercard (search for similar items in EconPapers)
JEL-codes: O16 (search for similar items in EconPapers)
Date: 2006-10-27
New Economics Papers: this item is included in nep-afr
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