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Does FDI work for Africa? Assessing local spillovers in a world of global value chains (English)

The extent to which developing countries benefit from foreign direct investment (FDI) depends on whether they are able to realize the productivity-enhancing benefits of knowledge and technology spillovers from foreign investors. To date, the experiences in Sub-Saharan Africa have been largely disappointing. This is perhaps not surprising, bearing in mind the complex interplay of factors needed for spillovers to emerge. On top of the challenges of...
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Farole,Thomas; Winkler,Deborah Elisabeth.

Does FDI work for Africa? Assessing local spillovers in a world of global value chains (English). Economic premise|no. 135 Washington, DC ; World Bank Group. http://documents.worldbank.org/curated/en/745531468009602573

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