Enticing Investors : To Make a Serious Dent in Poverty, Africa Must Attract More Foreign Capital

World Bank2012-08-132012-08-132007-06https://hdl.handle.net/10986/9569The nearly 750 million people who live in sub-Saharan Africa (SSA) are among the world's poorest. To foster the economic growth required to create jobs, raise living standards, and hasten development, SSA nations need to attract more foreign capital, which, by enhancing imported technology and the transfer of know-how, has proved instrumental in raising productivity in many countries.CC BY 3.0 IGOBALANCE SHEETSBIDDERSBONDSBORROWING COSTSBUSINESS COMMUNITYBUSINESS ENVIRONMENTCENTRAL BANKCENTRAL BANK BILLSCOMMODITYCOMMODITY PRICECOMMODITY PRICESCONTRIBUTIONSCORRUPTIONCURRENT ACCOUNTCURRENT ACCOUNT TRANSACTIONSDEBTDEBT INSTRUMENTSDEBT RELIEFDEBT SECURITIESDEVELOPING COUNTRIESDEVELOPMENT ASSISTANCEDOMESTIC DEBTDOMESTIC DEBT MARKETSDOMESTIC INTEREST RATESDOMESTIC INVESTMENTECONOMIC CLIMATEECONOMIC GROWTHECONOMIC MANAGEMENTEMERGING MARKETSEXCHANGE RATEEXCHANGE RATESEXPLOITATIONEXPORT SECTOREXPOSUREEXTERNAL COMPETITIVENESSFINANCIAL INSTITUTIONSFINANCIAL INTERMEDIATIONFINANCIAL MARKETSFINANCIAL SECTORFINANCIAL SUPPORTFISCAL DEFICITFISCAL POLICIESFISCAL POLICYFOREIGN CAPITALFOREIGN DIRECT INVESTMENTFOREIGN EXCHANGEFOREIGN INVESTMENTFOREIGN INVESTORFOREIGN INVESTORSFOREIGN PORTFOLIOFOREIGN PORTFOLIO INVESTMENTFOREIGN PORTFOLIO INVESTMENTSFUTURE PROSPECTSGOVERNMENT BORROWINGGOVERNMENT DEBTGOVERNMENT PAPERGOVERNMENT SECURITIESGROWTH RATESHARMONIZATIONINCOMEINCOME LEVELSINCOMESINDUSTRIAL COUNTRIESINFLATIONINFRASTRUCTURE PROJECTSINTEREST RATEINTEREST RATE SPREADSINVESTMENT ENVIRONMENTINVESTMENT INCENTIVESKEY CHALLENGELABOR FORCELEGAL PROTECTIONSLIBERALIZATIONLIQUIDITYLIVING STANDARDSLOCAL CURRENCYLOW INTEREST RATELOW-INCOMELOW-INCOME COUNTRIESMACROECONOMIC PERFORMANCEMACROECONOMIC POLICIESMACROECONOMIC STABILITYMARKET ACCESSMARKET EFFICIENCYMATURITYMONETARY POLICIESMONETARY POLICYPORTFOLIOPORTFOLIOSPOTENTIAL INVESTORSPRIVATE CAPITALPRIVATE CAPITAL INFLOWSPRIVATE SECTOR DEVELOPMENTPRIVATIZATIONPRODUCTIVITYPROTECTION OF INVESTORSREGULATORY AUTHORITIESREGULATORY FRAMEWORKREPAYMENTREPAYMENT SCHEDULESREPUTATIONRISK PREMIUMSSALESSAVINGSSECONDARY MARKETSECONDARY MARKET TRADINGSENIORSHORT MATURITIESSKILLED WORKERSSOVEREIGN RISKSUB-SAHARAN AFRICATAXTREATIESEnticing Investors : To Make a Serious Dent in Poverty, Africa Must Attract More Foreign CapitalWorld Bank10.1596/9569