Government Regulation of Foreign Direct Investment Inflow and Sustainable Development in Sub-Saharan Africa
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The purpose of this pape1· is two-fold: Firstly,
to examine Sub-Saham Afdca's (SSA) competitive
advantage as the least 1·ecipient of 1·egional Foreign Direct
Investment (FDI). Secondly, to investigate the possibility of
unified Government Regulations to exploit SSA
competiveness. It is a1·gued that there is a strong
conrelation between SSA's competitiveness and FDI on the
one hand and Gove1·nment Regulations to enhance the
1·egional competitive advantage on the other. Using
Dynamic Panel Analysis (1970-2013), 1·esults obtained 1·eveal
occurrence of p1·edatm·y FDI encourged by SSA's lack of
competitive advantage. The conclusion establishes the need
from an SSA Investment Boa1·d, a development of collective
SSA investment policies, as well as 1·egional investment
zones fo1· sustainable gmwth and development.
Keywords
HB Economic Theory