Download or read book Foreign Direct Investment and Inclusive Green Growth in Africa written by Alex O. Acheampong and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper, I provide an econometric audit and comment on the paper by Ofori, Gbolonyo, and Ojong (2023), which examined whether there is a synergy between energy efficiency and foreign direct investment in inclusive green growth using panel data for 23 African countries from 2000 to 2020. In their paper, the authors showed that the negative effect of foreign direct investment on environmental quality is reduced when conditioned by energy efficiency. The authors further presented threshold analysis, which showed that improving energy efficiency conditions foreign direct investment to improve inclusive green growth and socioeconomic sustainability. In this paper, I argue that their conditional effect hypothesis results, which are the basis of their paper, hold because of “model misspecification” and the “misreporting of some estimates.” Thus, after correcting for the misspecification, I found no significant synergistic and threshold effect of energy efficiency and foreign direct investment on inclusive green growth and socioeconomic sustainability. I also found evidence during the replication that some variables' coefficients and post-estimation statistics in the authors' paper are inconsistent with what I found. The flaws in the paper suggest that no appropriate conclusion and policy implications can be drawn from the paper.
Download or read book Foreign Direct Investment and Inclusive Green Growth in Africa written by Isaac Kwesi Ofori and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite the growing number of empirical studies on foreign direct investment (FDI) and energy efficiency (EE) as they relate to green growth, there remains an empirical research gap with respect to whether EE can engender positive synergy with FDI to foster inclusive green growth (IGG) in Africa. Also, little has been done to show the IGG gains from improving EE in both the short and long terms. Thus, this paper aims to investigate whether there exists a relevant synergy between EE and FDI in fostering IGG in Africa by using macrodata for 23 countries from 2000 to 2020. According to our findings, which are based on dynamic GMM estimator, FDI hampers IGG in Africa, while EE fosters IGG. Notably, in the presence of EE, the environmental-quality-deterioration effect of FDI is reduced. Additional evidence by way of threshold analysis indicates that improving EE in Africa generates positive sustainable development gains in both the short and long terms. This study suggests that a country's drive to attract FDI needs to be accompanied by appropriate policy options to promote energy efficiency.
Download or read book Towards Sustainability written by Isaac Kwesi Ofori and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study contributes to the environmental and socioeconomic sustainability literature by examining three important issues. First, the study examines the effects of foreign direct investment (FDI) and economic freedom on inclusive green growth (IGG) in sub-Saharan Africa (SSA). Second, we investigate whether economic freedom interacts with FDI to promote IGG. Third, we identify minimum the thresholds required for economic freedom to cause FDI to foster IGG. The findings are based on macro data for 20 SSA countries. Evidence, based on instrumental variable regression, show that, unconditionally, FDI is not statistically significant for promoting IGG. Second, the study finds that SSA's 'Mostly unfree' economic architecture conditions FDI to reduce IGG. Third, results from our threshold regression reveal that the minimum threshold required for economic freedom to cause FDI to foster IGG is 66.2% (Moderately free). The study sheds new light on investments necessary for SSA's economic architecture to form relevant synergies with FDI to promote IGG.
Download or read book Inclusive Green Growth written by World Bank and published by World Bank Publications. This book was released on 2012-05-01 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inclusive Green Growth: The Pathway to Sustainable Development makes the case that greening growth is necessary, efficient, and affordable. Yet spurring growth without ensuring equity will thwart efforts to reduce poverty and improve access to health, education, and infrastructure services.
Download or read book Inclusive Green Growth written by Calvin Atewamba and published by Springer Nature. This book was released on 2020-05-28 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fostering inclusive green growth in Africa means addressing existing and emerging development challenges, while efficiently managing Africa’s natural capital and building resilience to environmental, social and economic risks. Although this new paradigm for development has the potential to create tremendous business opportunities, there are also challenges. This book provides empirical evidence on the conditions for the emergence of green businesses in Africa. It includes 13 case studies, which identify the determinants of small and medium-size enterprises’ engagement in inclusive and sustainable growth in rural Africa, and the factors that hinder eco-innovation in business and entrepreneurial activities. Furthermore it discusses appropriate regulations and policies to stimulate the development of green business in Africa. Offering insights into the relationship between eco-innovation, labor productivity and business competitiveness in rural Africa, this book appeals to scholars, policy makers and practitioners interested in a green economy for Africa.
Download or read book Foreign Direct Investment and Economic Development in Africa written by Hugh Dang and published by Cambridge Scholars Publishing. This book was released on 2019-01-17 with total page 489 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores several aspects of foreign direct investment (FDI) and their linkages to African economies. It will appeal to policy makers, development agency professionals and researchers, based as it is on stylized facts and rigorous analytical studies. The reader will find state-of-the-art analyses on FDI-related topics throughout the chapters. Policy makers and development professionals will find in this book a useful guide to draw sound policies based on facts and rigorous analyses.
Download or read book Foreign Direct Investment in Africa written by Jacques Morisset and published by World Bank Publications. This book was released on 2000 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: A few Sub-Saharan countries, by improving their business environment, have begun to attract more substantial foreign direct investment than other African countries with bigger domestic markets and greater natural resources. Like Ireland and Singapore, perhaps they can become competitive internationally and attract sustainable foreign direct investment.
Download or read book Multinational Enterprises Foreign Direct Investment and Growth in Africa written by Bernard Michael Gilroy and published by Springer Science & Business Media. This book was released on 2006-03-30 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: How can Africa, the world’s most lagging region, benefit from globalisation and achieve sustained economic growth? Africa needs greater investment by Multinational Enterprises (MNEs) to improve competitiveness and generate more growth through positive spill-over effects. Despite the fact that Africa’s returns on investment averaged 29% since 1990, Africa has gained merely 1% of global Foreign Direct Investment (FDI) flows. The challenge for African countries is how to be a more desirable destination for FDI. The study integrates three currents of economic research, namely from the literature on (endogenous) economic growth, convergence and regional integration, the explanations for Africa’s poor growth and the growing understanding of the role of MNEs in a global economy. The empirical side of the book is based on an econometric study of the determinants of FDI in Africa as well as a detailed firm-level survey conducted in 2000.
Download or read book Building Inclusive Green Economies in Africa written by Trista Patterson and published by UN. This book was released on 2015 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This synthesis report provides an overview of where Africa, as a region, stands in terms of transitioning to an inclusive green economy. It draws on recent studies to summarise the prospective gains and challenges associated with investing in a green economy and outlines a way forward to prioritise policy reforms, with a specific section on how to turn strategies and practices challenges into opportunities. Collectively, this report highlights how a transition to a green economy may be achieved within a range of country conditions."--Publisher's description.
Download or read book Foreign Direct Investment in Sub Saharan Africa written by Laurence Cockcroft and published by World Bank Publications. This book was released on 1991 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foreign investment is even less likely to meet Sub-Saharan Africa's rising foreign exchange and savings gaps in the 1990s than in the dismal 1980s. Investors interested in Sub-Saharan Africa are more likely to commit technology and management than equity capital. Economic activity and overall economic policy may be more effective at raising the total volume of investment than special fiscal and other incentives.
Download or read book Handbook of Land and Water Grabs in Africa written by John Anthony Allan and published by Routledge. This book was released on 2012-09-10 with total page 446 pages. Available in PDF, EPUB and Kindle. Book excerpt: According to estimates by the International Land Coalition based at the International Fund for Agricultural Development (IFAD), 57 million hectares of land have been leased to foreign investors since 2007. Current research has focused on human rights issues related to inward investment in land but has been ignorant of water resource issues and the challenges of managing scarce water. This handbook will be the first to address inward investment in land and its impact on water resources in Africa. The geographical scope of this book will be the African continent, where land has attracted the attention of risk-taking investors because much land is under-utilised marginalized land, with associated water resources and rapidly growing domestic food markets. The successful implementation of investment strategies in African agriculture could determine the future of more than one billion people. An important factor to note is that Sub-Saharan Africa will, of all the continents, be hit hardest by climate change, population growth and food insecurity. Sensible investment in agriculture is therefore needed, however, at what costs and at whose expense? The book will also address the livelihoods theme and provide a holistic analysis of land and water grabbing in Sub-Saharan Africa. Four other themes will addressed: politics, economics, environment and the history of land investments in Sub-Saharan Africa. The editors have involved a highly diverse group of around 25 expert researchers, who will review the pro and anti-investment arguments, geopolitics, the role of capitalist investors, the environmental contexts and the political implications of, and reasons for, leasing millions of hectares in Sub-Saharan Africa. To date, there has been no attempt to review land investments through a suite of different lenses, thus this handbook will differ significantly from existing research and publication. The editors are Tony Allan, (Professor Emeritus, Department of Geography, School of Oriental and African Studies and King’s College London); Jeroen Warner (Assistant Professor, Disaster Studies, University of Wageningen); Suvi Sojamo (PhD Researcher, Water and Development Research Group, Aalto University); and Martin Keulertz (PhD Researcher, Department of Geography, London Water Group, King’s College London).
Download or read book Multinational Enterprises Foreign Direct Investment and Growth in Africa written by Bernard Michael Gilroy and published by Physica. This book was released on 2009-09-03 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: How can Africa, the world’s most lagging region, benefit from globalisation and achieve sustained economic growth? Africa needs greater investment by Multinational Enterprises (MNEs) to improve competitiveness and generate more growth through positive spill-over effects. Despite the fact that Africa’s returns on investment averaged 29% since 1990, Africa has gained merely 1% of global Foreign Direct Investment (FDI) flows. The challenge for African countries is how to be a more desirable destination for FDI. The study integrates three currents of economic research, namely from the literature on (endogenous) economic growth, convergence and regional integration, the explanations for Africa’s poor growth and the growing understanding of the role of MNEs in a global economy. The empirical side of the book is based on an econometric study of the determinants of FDI in Africa as well as a detailed firm-level survey conducted in 2000.
Download or read book Making Foreign Direct Investment Work for Sub Saharan Africa written by Thomas Farole and published by World Bank Publications. This book was released on 2014-01-13 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the results of a groundbreaking study on ‘spillovers’ of knowledge and technology from global value-chain oriented foreign direct investment (FDI) in Sub-Saharan Africa, and discusses implications for policymakers hoping to harness the power of FDI for economic development.
Download or read book Foreign Direct Investment Governance and Inclusive Growth in Sub Saharan Africa written by Isaac K. Ofori and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Foreign Direct Investment FDI Technology Transfer and Poverty Alleviation written by Moses Ikiara and published by . This book was released on 2003 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Mobilising Investment written by and published by Commonwealth Secretariat. This book was released on 2002 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Towards Inclusive Green Growth in Africa written by Isaac Kwesi Ofori and published by . This book was released on 2022 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This study contributes to the scholarly literature on the drive towards sustainable development in light of the UN's Agenda 2030 and the African Union's Agenda 2063 by examining pathways through which energy efficiency (EE) promotes inclusive green growth (IGG) in Africa. Our contribution is novel from both the conceptual and empirical perspectives. With regard to the former, we develop a framework on how EE and governance feed into IGG, and on the latter, our contribution is based on country-level data for 23 African countries for the period 1996 - 2020. First, evidence from the generalised method of moments (GMM) estimator shows that EE is not unconditionally effective for spurring IGG. Second, we find that governance is both directly, and indirectly effective for repackaging EE to foster IGG. In particular, the evidence suggests that governance mechanisms for controlling corruption while ensuring regulatory quality and government effectiveness are keys for forming relevant synergies with EE to foster IGG. Third, regarding the socioeconomic sustainability (SES) and environmental sustainability (EVS) dichotomy of IGG, we find that the EE-governance pathway is more effective for driving the latter compared to the former. We also make some policy recommendations.
