Publication:
Making Foreign Direct Investment Work for Sub-Saharan Africa : Local Spillovers and Competitiveness in Global Value Chains

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dc.contributor.authorFarole, Thomas
dc.contributor.authorWinkler, Deborah
dc.contributor.editorFarole, Thomas
dc.contributor.editorWinkler, Deborah
dc.date.accessioned2013-12-18T18:35:20Z
dc.date.available2013-12-18T18:35:20Z
dc.date.issued2014
dc.description.abstractForeign direct investment (FDI) is becoming increasingly critical to the economies of developing countries, in part due to a major expansion in the scope of global value chains (GVCs), whereby lead firms outsource parts of their production and services activities across complex international networks. While FDI delivers a number of important contributions in terms of investment, employment, and foreign exchange, it is its spillover potential – the productivity gain resulting from the diffusion of knowledge and technology from foreign investors to local firms and workers – that is perhaps the most valuable contribution to long run growth and development. While substantial research has been undertaken on the existence and direction of spillovers from FDI, many questions remain. Moreover, there is a need to understand better the dynamics of spillovers in certain contexts, including: i) in low income countries, especially in Sub-Saharan Africa; ii) outside of manufacturing sectors (especially resource-based sectors); and, iii) in the context of GVCs. This book presents the results of a groundbreaking designed to address these issues drawing on detailed field research in eight countries (including five in Sub-Saharan Africa) over three sectors: agribusiness, apparel, and mining. The book presents a summary of the results of this analytical work and discusses their implications for policymakers hoping to harness the power of FDI for greater development outcomes.en
dc.identifier.doi10.1596/978-1-4648-0126-6
dc.identifier.issn978-1-4648-0126-6
dc.identifier.other10.1596/978-1-4648-0126-6
dc.identifier.urihttps://hdl.handle.net/10986/16390
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.relation.ispartofseriesDirections in Development--Trade;
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectagriculture
dc.subjectapparel
dc.subjectforeign direct investment
dc.subjectglobal value chains
dc.subjectlinkages
dc.subjectlocal content
dc.subjectmining
dc.subjectproductivity
dc.subjectspillovers
dc.titleMaking Foreign Direct Investment Work for Sub-Saharan Africa : Local Spillovers and Competitiveness in Global Value Chainsen
dspace.entity.typePublication
okr.date.disclosure2013-12-18
okr.doctypePublications & Research::Publication
okr.doctypePublications & Research
okr.globalpracticeTrade and Competitiveness
okr.guid720931468203986757
okr.identifier.doi10.1596/978-1-4648-0126-6
okr.language.supporteden
okr.region.administrativeAfrica
okr.region.geographicalSub-Saharan Africa
okr.topicIndustry::Industrial Economics
okr.topicInternational Economics and Trade::Foreign Direct Investment
okr.topicPrivate Sector Development::Competitiveness and Competition Policy
okr.topicPrivate Sector Development::Global Value Chains and Business Clustering
okr.unitPRMTR
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