Foreign Direct Investment in Sub-Saharan Africa and its Effects on Economic Growth of the Region

• Autorzy: Tomasz Michałowski

Warianty tytułu

Bezpośrednie inwestycje zagraniczne w Afryce Subsaharyjskiej i ich wpływ na wzrost gospodarczy regionu

• Języki publikacji: EN

Abstrakty

EN

The objective of this paper is to analyze foreign direct investment (FDI) in Sub-Saharan Africa and examine its effects on economic growth of the region. Although, in absolute terms, FDI inflows to Sub-Saharan Africa have risen significantly over the recent three decades, the overall performance of the region in attracting FDI seems to be disappointing. FDI inflows into Sub-Saharan Africa spread unevenly across the region showing a high degree of concentration in a few countries. There is mixed evidence regarding FDI impact on economic growth in Sub-Saharan Africa. As significant FDI activities in Africa are taking place in the mining sector, backward and forward linkages and spillover effects are very limited. Further efforts of Sub-Saharan Africa should focus on implementing wise development strategies. It could not only help to attract more FDI to the region, but also result in reducing the barriers to FDI effectiveness. The paper is based mainly on the analysis of the latest statistical data and theoretical and empirical findings from literature. (original abstract)

Celem artykułu jest dokonanie analizy bezpośrednich inwestycji zagranicznych (BIZ) w Afryce Subsaharyjskiej i ich wpływu na wzrost gospodarczy krajów regionu. Pomimo że w wartościach absolutnych wielkość napływu BIZ do Afryki Subsaharyjskiej wzrosła znacząco w okresie ostatnich 30 lat, ogólny obraz regionu jako biorcy BIZ wydaje się raczej rozczarowujący. Napływ kapitału w analizowanej formie wykazuje wysoki stopień koncentracji w kilku krajach regionu. Wyniki badań nad wpływem BIZ na wzrost gospodarczy krajów Afryki Subsaharyjskiej nie są jednoznaczne. Ponieważ znacząca część BIZ trafia do sektora wydobywczego, efekty typu "spill-over", jak i powiązania o charakterze popytowym z dostawcami oraz podażowym z odbiorcami są w dużym stopniu ograniczone. Wysiłki krajów regionu zmierzać powinny do implementacji właściwych strategii rozwoju. Pozwoliłoby to nie tylko na przyciągnięcie większej ilości kapitału w postaci BIZ, ale także zwiększenie pozytywnego wpływu inwestycji na wzrost gospodarczy. Artykuł oparty jest głównie na analizie najnowszych danych statystycznych, jak i wynikach badań empirycznych i teoretycznych zawartych w literaturze. (abstrakt oryginalny)

Słowa kluczowe

EN

Direct investments; Foreign investment; Economic growth; Economic growth of the region

PL

Inwestycje bezpośrednie; Inwestycje zagraniczne; Wzrost gospodarczy; Wzrost gospodarczy regionu

• Czasopismo: Prace i Materiały Instytutu Handlu Zagranicznego Uniwersytetu Gdańskiego
• Rocznik: 2012
• Numer: nr 31/1
• Strony: 687--701

Twórcy

autor

Tomasz Michałowski

• Uniwersytet Gdański

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