FDI to Africa : The Role of Price Stability and Currency Instability

The Role of Price Stability and Currency Instability

FDI to Africa : The Role of Price Stability and Currency Instability
Africa lags behind other regions in attracting foreign direct investment (FDI). In some circumstances, there are obvious explanations for the absence of FDI, such as a high incidence of war. In this paper, we examine the role that monetary and exchange rate policy may have played in explaining this outcome. Specifically, we document the... READ MORE...

Publication date: January 2003
ISBN 9781451842715
$15.00

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