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Political economy of foreign direct investments in Africa: critical reflections

Source African political economy in the twenty-first century: theories, perspectives, and issues
Authors J. Mathekga
OUTPUT TYPE: Chapter in Monograph
Print HSRC Library: shelf number 9814119
handle 20.500.11910/22731
This chapter aims to highlight that, in the context of neoliberalism and globalisation, Africa has been a rise in FDIs from all corners of the world. FDIs have contributed to Africa's economic growth, infrastructure development and job creation. However, FDIs has, to some extent, affected domestic businesses; and it creates dualistic economic structures, which worsen income inequality.