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035   $a(DE-He213)978-3-032-01320-0
035   $a(OCoLC)1543219210
035   $a(EXLCZ)9941520935600041
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101 0 $aeng
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200 14$aThe Promise and Peril of FDI in Sub-Saharan Africa $eOvercoming Resource Dependence, Underdevelopment and Dysfunctional Capitalism /$fby Sean Gossel
205   $a1st ed. 2025.
210  1$aCham :$cSpringer Nature Switzerland :$cImprint: Palgrave Macmillan,$d2025.
215   $a1 online resource (389 pages)
225 1 $aPalgrave Studies in African and Development Economics,$x3004-961X
311 08$a3-032-01319-4 
327   $a1)Introduction -- 2)Colonial Legacies -- 3)Economic Policy Legacies -- 4)Democracy -- 5)Corruption -- 6)Between East and West -- 7)Financial Sector Development -- 8)Economic Growth.
330   $aThis book explores the developmental prospects, risks, and implications of foreign direct investment (FDI) in sub-Saharan African (SSA). Despite the region?s significant potential, it continues to face complex challenges and significant capital shortages. In theory, FDI could promote development by supplementing domestic savings, enhancing financial systems, and promoting global integration, but it can also weaken the balance of payments and undermine domestic investment. In addition, SSA?s weak institutions and poor governance means that FDI may also contribute to dysfunctional capitalism and tax evasion. This book argues that colonial legacies and flawed policy choices have entrenched institutional weaknesses and socio-economic outcomes that deter diversified FDI and attract extractive FDI, leading to underdevelopment and resource dependency while undermining industrialization and diversification. This book will be relevant to students, researchers, and policymakers interested in development economics and the political economy of SSA. Sean J. Gossel is Professor at the University of Cape Town Graduate School of Business where he teaches, supervisors, and researches topics in the areas of financial economics and financial globalisation with a particular focus on economic development in sub-Saharan Africa. .
410  0$aPalgrave Studies in African and Development Economics,$x3004-961X
606   $aDevelopment economics
606   $aEconomics
606   $aAfrica$xEconomic conditions
606   $aEvolutionary economics
606   $aInstitutional economics
606   $aDevelopment Economics
606   $aPolitical Economy and Economic Systems
606   $aAfrican Economics
606   $aInstitutional and Evolutionary Economics
615  0$aDevelopment economics.
615  0$aEconomics.
615  0$aAfrica$xEconomic conditions.
615  0$aEvolutionary economics.
615  0$aInstitutional economics.
615 14$aDevelopment Economics.
615 24$aPolitical Economy and Economic Systems.
615 24$aAfrican Economics.
615 24$aInstitutional and Evolutionary Economics.
676   $a332.6730967
700   $aGossel$b Sean$01850841
801  0$bMiAaPQ
801  1$bMiAaPQ
801  2$bMiAaPQ
906   $aBOOK
912   $a9911031575803321
996   $aThe Promise and Peril of FDI in Sub-Saharan Africa$94444098
997   $aUNINA