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

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collection.link.336
https://openknowledge.worldbank.org/handle/10986/32464
collection.name.336
Directions in Development
dc.contributor.author
Farole, Thomas
dc.contributor.author
Winkler, Deborah
dc.contributor.editor
Farole, Thomas
dc.contributor.editor
Winkler, Deborah
dc.date.accessioned
2013-12-18T18:35:20Z
dc.date.available
2013-12-18T18:35:20Z
dc.date.issued
2014
dc.date.lastModified
2021-04-23T14:03:29Z
dc.description.abstract
Foreign 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.issn
978-1-4648-0126-6
dc.identifier.other
10.1596/978-1-4648-0126-6
dc.identifier.uri
http://hdl.handle.net/10986/16390
dc.language.iso
en_US
dc.publisher
Washington, DC: World Bank
dc.relation.ispartofseries
Directions in Development--Trade;
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
agriculture
dc.subject
apparel
dc.subject
foreign direct investment
dc.subject
global value chains
dc.subject
linkages
dc.subject
local content
dc.subject
mining
dc.subject
productivity
dc.subject
spillovers
dc.title
Making Foreign Direct Investment Work for Sub-Saharan Africa : Local Spillovers and Competitiveness in Global Value Chains
en
okr.date.disclosure
2013-12-18
okr.doctype
Publications & Research :: Publication
okr.doctype
Publications & Research
okr.globalpractice
Trade and Competitiveness
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/978-1-4648-0126-6
okr.language.supported
en
okr.region.administrative
Africa
okr.region.geographical
Sub-Saharan Africa
okr.topic
Industry :: Industrial Economics
okr.topic
International Economics and Trade :: Foreign Direct Investment
okr.topic
Private Sector Development :: Competitiveness and Competition Policy
okr.topic
Private Sector Development :: Global Value Chains and Business Clustering
okr.unit
PRMTR

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