On China's FDI Leadership and Lessons for Ghana's FDI Development : A Theoretical Perspective

Authors

  • Stephany Abokzele Adongo  School of Finance and Economics, Jiangsu University, 301 Xuefu Road, Zhenjiang, Jiangsu, P.R. China
  • Chen Lizhen  School of Finance and Economics, Jiangsu University, 301 Xuefu Road, Zhenjiang, Jiangsu, P.R. China
  • Hu Xuhua  School of Finance and Economics, Jiangsu University, 301 Xuefu Road, Zhenjiang, Jiangsu, P.R. China
  • Henry Asante Antwi  School of Management, Jiangsu University, 301 Xuefu Road, Zhenjiang, Jiangsu, P.R. China

Keywords:

Foreign Direct Investment, BRIC, WTO, LDC, OLI, OECD

Abstract

The economic emancipation of Asia has materialized largely because of a deliberate attempt by the countries to make their economies attractive to Foreign Direct Investment (FDI) from the West. This initiative has succeeded in getting many western companies and multinationals to come and set up their production sites in Asia or at worst important most of their raw materials, accessories, components etc from Asian. These advances can be understood within the context of Foreign Direct Investment (FDI) theories with implications for FDI development in other countries. Faced with a dearth of studies that have examined the theoretical perspectives of the evolution of FDI in China this review analyses, unveils the skeletal framework and building blocks of FDI attraction in China and India using the simple Eclectic paradigm. This helps to bring out some of the basic lessons and intricate values that most African countries such as Ghana can learn to advance the frontiers of FDI development.

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International Journal of Scientific Research in Science, Engineering and Technology

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Published

2016-12-30

Issue

Volume 2, Issue 6, November-December-2016

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Research Articles

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How to Cite

[1]
Stephany Abokzele Adongo, Chen Lizhen, Hu Xuhua, Henry Asante Antwi, " On China's FDI Leadership and Lessons for Ghana's FDI Development : A Theoretical Perspective, International Journal of Scientific Research in Science, Engineering and Technology(IJSRSET), Print ISSN : 2395-1990, Online ISSN : 2394-4099, Volume 2, Issue 6, pp.417-428, November-December-2016.