A Sectoral Analysis of FDI Inflow in Ghana: The Implications for the Proposed National 40-year Strategic Plan of Ghana
Theory argues that FDI inflows play a significant role in the socio-economic development of host countries, especially in developing countries. Drawing from the long-term planning school from the strategic management field, the study aims to examine the sector (s) that drive most FDIs inflow to Ghana in order to identify the sector that can be used as the cornerstone of a competitive advantage in the light of the proposed 40-year national strategic plan of Ghana. The study uses a secondary data set consisting of the annual FDI inflows into Ghana from 2002-2013 from the Ghana Investment Promotion Centre. The data set consist of the total number of projects, the dollar value and the ownership composition that flowed to Ghana from 2002-2013. By employing descriptive statistics such as bar graphs, charts and tables, the results show that in terms of the contribution of projects, the service sector dominates FDI inflows to Ghana. But with regard to the total dollar value of invested capital, the building and construction sector dominated the period from 2002 - 2013. With regard to the ownership composition, it is found that the wholly owned investments far outweighs the joint venture projects (JVs) to Ghana. Bases on the results, implications of the study on the proposed 40-year national strategic plan are suggested.
Strategic plan Foreign direct investment Ghana
Obi Berko O. Damoah Forster Shitsi Junior
Business School, University of Ghana, Accra, Ghana, LG78 Center for West African Studies of University of Electronic Science and Technology of China,Chengdu,
国际会议
加纳
英文
971-982
2017-11-01(万方平台首次上网日期,不代表论文的发表时间)