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The promise and peril of FDI in sub-...
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Gossel, Sean.
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The promise and peril of FDI in sub-Saharan Africa = overcoming resource dependence, underdevelopment and dysfunctional capitalism /
紀錄類型:
書目-電子資源 : Monograph/item
正題名/作者:
The promise and peril of FDI in sub-Saharan Africa/ by Sean Gossel.
其他題名:
overcoming resource dependence, underdevelopment and dysfunctional capitalism /
作者:
Gossel, Sean.
出版者:
Cham :Springer Nature Switzerland : : 2025.,
面頁冊數:
xxx, 327 p. :ill., digital ;24 cm.
內容註:
1)Introduction -- 2)Colonial Legacies -- 3)Economic Policy Legacies -- 4)Democracy -- 5)Corruption -- 6)Between East and West -- 7)Financial Sector Development -- 8)Economic Growth.
Contained By:
Springer Nature eBook
標題:
Investments, Foreign - Africa, Sub-Saharan. -
標題:
Africa, Sub-Saharan - Economic conditions. -
電子資源:
https://doi.org/10.1007/978-3-032-01320-0
ISBN:
9783032013200
The promise and peril of FDI in sub-Saharan Africa = overcoming resource dependence, underdevelopment and dysfunctional capitalism /
Gossel, Sean.
The promise and peril of FDI in sub-Saharan Africa
overcoming resource dependence, underdevelopment and dysfunctional capitalism /[electronic resource] :by Sean Gossel. - Cham :Springer Nature Switzerland :2025. - xxx, 327 p. :ill., digital ;24 cm. - Palgrave studies in African and development economics,3004-961X. - Palgrave studies in African and development economics..
1)Introduction -- 2)Colonial Legacies -- 3)Economic Policy Legacies -- 4)Democracy -- 5)Corruption -- 6)Between East and West -- 7)Financial Sector Development -- 8)Economic Growth.
This book explores the developmental prospects, risks, and implications of foreign direct investment (FDI) in sub-Saharan African (SSA). Despite the region's significant potential, it continues to face complex challenges and significant capital shortages. In theory, FDI could promote development by supplementing domestic savings, enhancing financial systems, and promoting global integration, but it can also weaken the balance of payments and undermine domestic investment. In addition, SSA's weak institutions and poor governance means that FDI may also contribute to dysfunctional capitalism and tax evasion. This book argues that colonial legacies and flawed policy choices have entrenched institutional weaknesses and socio-economic outcomes that deter diversified FDI and attract extractive FDI, leading to underdevelopment and resource dependency while undermining industrialization and diversification. This book will be relevant to students, researchers, and policymakers interested in development economics and the political economy of SSA. Sean J. Gossel is Professor at the University of Cape Town Graduate School of Business where he teaches, supervisors, and researches topics in the areas of financial economics and financial globalisation with a particular focus on economic development in sub-Saharan Africa.
ISBN: 9783032013200
Standard No.: 10.1007/978-3-032-01320-0doiSubjects--Topical Terms:
1997187
Investments, Foreign
--Africa, Sub-Saharan.Subjects--Geographical Terms:
790203
Africa, Sub-Saharan
--Economic conditions.
LC Class. No.: HG5822 / .G67 2025
Dewey Class. No.: 332.67367
The promise and peril of FDI in sub-Saharan Africa = overcoming resource dependence, underdevelopment and dysfunctional capitalism /
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This book explores the developmental prospects, risks, and implications of foreign direct investment (FDI) in sub-Saharan African (SSA). Despite the region's significant potential, it continues to face complex challenges and significant capital shortages. In theory, FDI could promote development by supplementing domestic savings, enhancing financial systems, and promoting global integration, but it can also weaken the balance of payments and undermine domestic investment. In addition, SSA's weak institutions and poor governance means that FDI may also contribute to dysfunctional capitalism and tax evasion. This book argues that colonial legacies and flawed policy choices have entrenched institutional weaknesses and socio-economic outcomes that deter diversified FDI and attract extractive FDI, leading to underdevelopment and resource dependency while undermining industrialization and diversification. This book will be relevant to students, researchers, and policymakers interested in development economics and the political economy of SSA. Sean J. Gossel is Professor at the University of Cape Town Graduate School of Business where he teaches, supervisors, and researches topics in the areas of financial economics and financial globalisation with a particular focus on economic development in sub-Saharan Africa.
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