Making Foreign Direct Investment Work for Sub-Saharan Africa : Local Spillovers and Competitiveness in Global Value Chains

Foreign direct investment (FDI) is becoming increasingly critical to the economies of developing countries, in part due to a major expansion in the scope of global value chains (GVCs), whereby lead firms outsource parts of their production and services activities across complex international network...

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Main Authors:	Farole, Thomas, Winkler, Deborah
Format:	Publication
Language:	en_US
Published:	Washington, DC: World Bank 2013
Subjects:	agriculture apparel foreign direct investment global value chains linkages local content mining productivity spillovers
Online Access:	http://hdl.handle.net/10986/16390

id	okr-10986-16390
recordtype	oai_dc
spelling	okr-10986-163902021-04-23T14:03:29Z Making Foreign Direct Investment Work for Sub-Saharan Africa : Local Spillovers and Competitiveness in Global Value Chains Farole, Thomas Winkler, Deborah Farole, Thomas Winkler, Deborah agriculture apparel foreign direct investment global value chains linkages local content mining productivity spillovers Foreign direct investment (FDI) is becoming increasingly critical to the economies of developing countries, in part due to a major expansion in the scope of global value chains (GVCs), whereby lead firms outsource parts of their production and services activities across complex international networks. While FDI delivers a number of important contributions in terms of investment, employment, and foreign exchange, it is its spillover potential – the productivity gain resulting from the diffusion of knowledge and technology from foreign investors to local firms and workers – that is perhaps the most valuable contribution to long run growth and development. While substantial research has been undertaken on the existence and direction of spillovers from FDI, many questions remain. Moreover, there is a need to understand better the dynamics of spillovers in certain contexts, including: i) in low income countries, especially in Sub-Saharan Africa; ii) outside of manufacturing sectors (especially resource-based sectors); and, iii) in the context of GVCs. This book presents the results of a groundbreaking designed to address these issues drawing on detailed field research in eight countries (including five in Sub-Saharan Africa) over three sectors: agribusiness, apparel, and mining. The book presents a summary of the results of this analytical work and discusses their implications for policymakers hoping to harness the power of FDI for greater development outcomes. 2013-12-18T18:35:20Z 2013-12-18T18:35:20Z 2014 978-1-4648-0126-6 10.1596/978-1-4648-0126-6 http://hdl.handle.net/10986/16390 en_US Directions in Development--Trade; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC: World Bank Publications & Research :: Publication Publications & Research Africa Sub-Saharan Africa
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	en_US
topic	agriculture apparel foreign direct investment global value chains linkages local content mining productivity spillovers
spellingShingle	agriculture apparel foreign direct investment global value chains linkages local content mining productivity spillovers Farole, Thomas Winkler, Deborah Making Foreign Direct Investment Work for Sub-Saharan Africa : Local Spillovers and Competitiveness in Global Value Chains
geographic_facet	Africa Sub-Saharan Africa
relation	Directions in Development--Trade;
description	Foreign direct investment (FDI) is becoming increasingly critical to the economies of developing countries, in part due to a major expansion in the scope of global value chains (GVCs), whereby lead firms outsource parts of their production and services activities across complex international networks. While FDI delivers a number of important contributions in terms of investment, employment, and foreign exchange, it is its spillover potential – the productivity gain resulting from the diffusion of knowledge and technology from foreign investors to local firms and workers – that is perhaps the most valuable contribution to long run growth and development. While substantial research has been undertaken on the existence and direction of spillovers from FDI, many questions remain. Moreover, there is a need to understand better the dynamics of spillovers in certain contexts, including: i) in low income countries, especially in Sub-Saharan Africa; ii) outside of manufacturing sectors (especially resource-based sectors); and, iii) in the context of GVCs. This book presents the results of a groundbreaking designed to address these issues drawing on detailed field research in eight countries (including five in Sub-Saharan Africa) over three sectors: agribusiness, apparel, and mining. The book presents a summary of the results of this analytical work and discusses their implications for policymakers hoping to harness the power of FDI for greater development outcomes.
author2	Farole, Thomas
author_facet	Farole, Thomas Farole, Thomas Winkler, Deborah
format	Publications & Research :: Publication
author	Farole, Thomas Winkler, Deborah
author_sort	Farole, Thomas
title	Making Foreign Direct Investment Work for Sub-Saharan Africa : Local Spillovers and Competitiveness in Global Value Chains
title_short	Making Foreign Direct Investment Work for Sub-Saharan Africa : Local Spillovers and Competitiveness in Global Value Chains
title_full	Making Foreign Direct Investment Work for Sub-Saharan Africa : Local Spillovers and Competitiveness in Global Value Chains
title_fullStr	Making Foreign Direct Investment Work for Sub-Saharan Africa : Local Spillovers and Competitiveness in Global Value Chains
title_full_unstemmed	Making Foreign Direct Investment Work for Sub-Saharan Africa : Local Spillovers and Competitiveness in Global Value Chains
title_sort	making foreign direct investment work for sub-saharan africa : local spillovers and competitiveness in global value chains
publisher	Washington, DC: World Bank
publishDate	2013
url	http://hdl.handle.net/10986/16390
_version_	1764433058324283392

Making Foreign Direct Investment Work for Sub-Saharan Africa : Local Spillovers and Competitiveness in Global Value Chains

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