The Geography of African City FDI

The Geography of African City FDI

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Summary

Foreign Direct Investment (FDI) concerns cross-border investment made by a firm in one country into a firm in another country. Generally, studies show that FDI is a major contributor to economic growth in African economies, stimulating rapid urbanization, which in turn leads to property development (Huang and Ren, 2013; Tshepo, 2014). The economic success of world cities is increasingly determined by their power and position within global networks of investment (Alderson and Beckfield 2004.

Source: United Nations

Published: 2019

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