100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
MNG4804 ASSESSMENT 2 2024 Foreign direct investment (FDI) has some role to play in developing economies. Critically examine the socio-economic benefits and challenges that face African countries that are attributable to FDI. Use practical examples to sub $5.60
Add to cart

Essay

MNG4804 ASSESSMENT 2 2024 Foreign direct investment (FDI) has some role to play in developing economies. Critically examine the socio-economic benefits and challenges that face African countries that are attributable to FDI. Use practical examples to sub

1 review
 48 views  4 purchases
  • Course
  • Institution
  • Book

MNG4804 ASSESSMENT 2 2024 Foreign direct investment (FDI) has some role to play in developing economies. Critically examine the socio-economic benefits and challenges that face African countries that are attributable to FDI. Use practical examples to substantiate your answer. (20 marks) You...

[Show more]

Preview 3 out of 18  pages

  • July 10, 2024
  • 18
  • 2023/2024
  • Essay
  • Unknown
  • A+

1  review

review-writer-avatar

By: modiegimoagi16 • 4 months ago

reply-writer-avatar

By: BMZAcademy • 4 months ago

Thank you modiegimoagi16 for the review, tell us if there is anything more you need about the module or any other modules please get in touch through the provided details

avatar-seller
BMZ ACADEMY




BMZ ACADEMY

@061 262 1185/068 053 8213




BMZ ACADEMY 061 262 1185/068 053 8213Page 1 of 18

1|Page

, BMZ ACADEMY

Contents
QUESTION 1 ............................................................................................................. 3

QUESTION2 .............................................................................................................. 6

QUESTION 3: ............................................................................................................ 9

QUESTION 4 ........................................................................................................... 12

Bibliography ............................................................................................................. 15




BMZ ACADEMY 061 262 1185/068 053 8213Page 2 of 18

2|Page

, BMZ ACADEMY

QUESTION 1

Foreign direct investment (FDI) has some role to play in developing economies.
Critically examine the socio-economic benefits and challenges that face African
countries that are attributable to FDI. Use practical examples to substantiate your
answer. (20 marks)

Foreign direct investment (FDI) has become a pivotal driver of economic
development in many African countries. It brings substantial socio-economic
benefits, such as infrastructure development, job creation, and technology transfer,
contributing to overall growth and development (Jude & Levieuge, 2017). However,
FDI also poses challenges, including economic dependence, resource exploitation,
income inequality, and potential loss of sovereignty.

Socio-Economic Benefits

i. Economic Growth and Development:

Investment in Infrastructure: FDI often leads to the development of infrastructure
such as roads, airports, and utilities (Jude & Levieuge, 2017). For instance, China's
investments in Ethiopia have significantly improved the country's infrastructure,
enhanced connectivity and supporting economic activities.

Job Creation: FDI projects often create jobs, reducing unemployment and providing
income for local populations (Hill, 2023). The investment by multinational companies
like Unilever in Nigeria has resulted in thousands of direct and indirect job
opportunities.

ii. Technology Transfer:

Skill Development: FDI can lead to the transfer of technology and skills to the local
workforce (Dangol, 2021). For example, automotive companies like Volkswagen in
South Africa have contributed to skill development through training programs for
local employees.

Innovation and Productivity: Introduction of advanced technologies can increase
productivity and foster innovation. The tech industry in Kenya, often referred to as

BMZ ACADEMY 061 262 1185/068 053 8213Page 3 of 18

3|Page

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller BMZAcademy. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $5.60. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

52510 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$5.60  4x  sold
  • (1)
Add to cart
Added