Africa Foreign Investor Survey 2005 - unido

More documents

Recommendations

Info

Economist Intelligence Unit (EIU) (2004): Country Profile 2004 – Tanzania, London:The Economist Intelligence Unit. Economist Intelligence Unit (EIU) (2005): Country Report – Côte d’Ivoire London:The Economist Intelligence Unit. European Council (2001): Council Regulation (EC) No. 416/2001 of 28 February 2001, Official Journal of the European Communities,Vol. 44 (1 March 2001), L 60, pp. 43-50. IMF (1993): Balance of Payments Manual, 5th Edition, Washington D.C.: IMF. IMF (2001): Foreign Direct Investment Statistics – How Countries Measure FDI,Washington D.C.: IMF. Kogut, B. (1991): Joint Ventures and the Option to Expand and Acquire, Management Science, Vol. 37, No. 1, pp.19-33. Kumar, N. (2002): Infrastructure Availability, Foreign Direct Investment Inflows and Their Export-Orientation: A Cross-Country Exploration, Research and Information System for the Non-Aligned and Other Developing Countries (RIS) Discussion Paper, No. 26 (March 2002). Labovitz, S. (1970): The Assignment of Numbers to Rank Order Categories, American Sociological Review,Vol. 35, No. 3, pp. 515-524. Li, X. & Liu, X. (2004): Foreign Direct Investment and Economic Growth: An Increasingly Endogenous Relationship, World Development,Vol. 33, No. 3, pp. 393-407. Loree, D. W. & Guisinger, S. E. (1995): Policy and Non- Policy Determinants of U.S. Equity Foreign Direct Investment, Journal of International Business Studies, Vol. 26, No. 2, pp. 281-299. Mattoo, A., Roy, D. & Subramanian, A. (2002):The Africa Growth and Opportunity Act and Its Rules of Origin: Generosity Undermined? International Monetary Fund (IMF) Working Paper,WP/02/XX (September 2002). Morisset, J. (2000): Foreign Direct Investment in Africa: Policies also Matter, Transnational Corporations, Vol. 9, No. 2 (August 2000), pp. 107-125. OECD (2002): Foreign Direct Investment for Development: Maximising Benefits, Minimising Costs, Paris: Organisation for Economic Co-operation and Development. OECD (2006[a]): The Rise of India and China – What’s in it for Africa? Paris: Organisation for Economic Co-operation and Development. OECD (2006[b]): Proposals for Two SNA/ISIC Aggregations for SNA Data Reporting, Fourth Meeting of the Advisory Expert Group on National Accounts, 30 January – 8 February 2006, available at: http://unstats.un.org/unsd/ nationalaccount/AEG/papers/m4reportISIC.pdf (as of 24 February 2006). Office of the US Trade Representative (2004): 2004 Comprehensive Report on U.S.Trade and Investment Policy Toward Sub-Saharan Africa and Implementation of the African Growth and Opportunity Act, The Fourth of Eight Annual Reports (May 2004), Washington D.C.: Department of Commerce. Patterson, N., Montanjees, M., Motala, J. & Cardillo, C. (2004): Foreign Direct Investment Trends, Data Availability, Concepts, and Recording Practices,Washington D.C.: IMF. Rodrik, D. (1999): The New Global Economy and Developing Countries: Making Openness Work, Policy Essay No. 24, Overseas Development Council,Washington D.C. Rodrik, D. (2003): Growth Strategies, NBER Working Paper, No. 10050 (October 2003). Smarzynska, B. K. (2002): Does Foreign Direct Investment Increase the Productivity of Domestic Firms? – In Search of Spillovers through Backward Linkages, Policy Research Working Paper 2923,World Bank. UNCTAD (2001[a]): World Investment Report 2001 – Promoting Linkages, New York and Geneva: United Nations. UNCTAD (2001[b]): Duty and Quota Free Market Access for LDCs – An Analysis of Quad Initiatives, UNCTAD and The Commonwealth Secretariat, UNCTAD/DITC /TAB/Misc.7 (1 December 2001), London and Geneva: United Nations and The Commonwealth Secretariat. UNCTAD (2002): World Investment Report – Transnational Corporations and Export Competitiveness, New York and Geneva: United Nations. UNCTAD (2003[a]): The African Growth and Opportunity Act: A Preliminary Assessment, UNCTAD/ITCD/TSB /2003/1 – E.03.II.D.15 (23 May 2003), New York and Geneva: United Nations. 208 Africa Foreign Investor Survey 2005
UNCTAD (2003[b]): World Investment Report – FDI Policies for Development: National and International Perspectives, New York and Geneva: United Nations. UNCTAD (2003[c]): Economic Development in Africa – Trade Performance and Commodity Dependence, New York and Geneva: United Nations. UNCTAD (2004): The Shift Towards Services, New York and Geneva: United Nations. UNCTAD (2005[a]): World Investment Report – Transnational Corporations and the Internationalization of R&D, New York and Geneva: United Nations. UNCTAD (2005[b]): FDI Statistics: Data Compilation and Policy Issues, TD/B/COM.2/EM.18/2 Note by UNCTAD Trade and Development Board for the Expert Meeting on Capacity Building in the Area of FDI: Data Compilation and Policy Formulation in Developing Countries, Geneva, 12-14 December 2005. UNCTAD (2005[c]): Economic Development in Africa – Rethinking the Role of Foreign Direct Investment, UNCTAD/ GDS/AFRICA/2005/1, New York and Geneva: United Nations. UNCTAD (2006): Foreign Direct Investment Database, [www online database] http://stats.unctad.org/fdi (accessed 31 August 2006). UNCTAD (2006) World Investment Report 2006. Geneva and New York: United Nations. UNIDO (2001): Foreign Direct Investor Perceptions in Sub- Saharan Africa, UNIDO Pilot Survey in Ethiopia, Nigeria, Uganda, United Republic of Tanzania, Vienna: United Nations Industrial Development Organization. UNIDO (2003): Africa Foreign Investor Survey 2003, Vienna: United Nations Industrial Development Organization. UNIDO (2004): Inserting Local Industries into Global Value Chains and Global Production Networks: Opportunities and Challenges for Upgrading, Working Paper 2004, Vienna: United Nations Industrial Development Organization. UNIDO (2005): The International Yearbook of Industrial Statistics 2005,Vienna: United Nations Industrial Development Organization. Wells, L.T. & Wint,A. G. (2000): Marketing a Country: Promotion as a Tool for Attracting Foreign Investment, World Bank Group, Occasional Paper of the Foreign Investment Advisory Service (FIAS), No. 13 (Revised Edition). Wells, L. T./ Allen, N. J./ Morisset, J. & Pirnia, N. (2003): Using Tax Incentives to Compete for Foreign Investment - Are they Worth the Costs?, World Bank Group, Occasional Paper of the Foreign Investment Advisory Service (FIAS),No. 15. Wheeler, D. & Mody, A. (1992): International Investment Location Decision – The Case of U.S. Firms, Journal of International Economics,Vol. 33, pp. 57-76. World Bank (2006) Doing Business in 2007—How to Reform.Washington DC:World Bank, September. Zhang, K. H. (2001): Does Foreign Investment Promote Economic Growth? -Evidence from East Asia and Latin America, Contemporary Economic Policy, Vol. 19, No. 2, pp. 175-185. Annex 209
Page 1:
Burkina Faso Cameroon Côte d’Ivo
Page 4 and 5:
The designations employed and the p
Page 7:
Preface Investment is the key to un
Page 11 and 12:
Foreword This is a pioneering and m
Page 13:
Abbreviations ACP AfrIPANet AGOA AN
Page 16 and 17:
Africa IPA Network (AfrIPANet) serv
Page 18 and 19:
historical roots and regional marke
Page 20 and 21:
cially in the services sector) pay
Page 22 and 23:
small, labor intensive manufacturin
Page 24 and 25:
mostly subsidiaries of small TNCs,
Page 27 and 28:
1. Introduction Little empirical st
Page 29 and 30:
The simplest linkages involve being
Page 31 and 32:
One of the objectives of this surve
Page 33 and 34:
2. Survey methodology Outline of th
Page 35 and 36:
The initial design of the questionn
Page 37:
transformation explains the differe
Page 40 and 41:
adds up to higher than the total FD
Page 42 and 43:
Figure 3.5 Share of the 15 survey c
Page 44 and 45:
Figure 3.8 FDI stock - book value o
Page 46 and 47:
Table 3.2 Top-5 foreign investor su
Page 48 and 49:
majority of firms global exporters
Page 50 and 51:
Continuing links with the North Fig
Page 52 and 53:
Figure 3.24 Sales, book value, and
Page 54 and 55:
The 25 largest companies in the sur
Page 56 and 57:
Figure 4.1 Sales according to organ
Page 58 and 59:
Figure 4.5 Sales by main sector and
Page 60 and 61:
In terms of job creation, it is cle
Page 62 and 63:
Figure 4.17 Sales by organizational
Page 64 and 65:
clear trend of increasing South com
Page 66 and 67:
of Tanzania. In Western Africa, Cô
Page 68 and 69:
ook value of South controlled, loca
Page 70 and 71:
Figure 4.37 Sales by investor origi
Page 72 and 73:
Figure 4.43 Sales in each start-up
Page 74 and 75:
Figure 4.50 Share structure distrib
Page 76 and 77:
Figure 4.52 Sales by share structur
Page 78 and 79:
Entry period (start of operations)
Page 80 and 81:
Figure 4.65 Sales by market orienta
Page 82 and 83:
Figure 5.2 Investors’ self-evalua
Page 84 and 85:
Figure 5.7 Last year’s sales grow
Page 86 and 87:
Figure 5.10 Annual sales growth (pa
Page 88 and 89:
sales, old L-TNC, is among the lowe
Page 90 and 91:
Figure 5.18 Classification tree of
Page 92 and 93:
mean and median of the output per e
Page 94 and 95:
Figure 5.23 Sales per USD book valu
Page 97 and 98:
6. Impact on the local economy This
Page 99 and 100:
ices firms pay wages that are more
Page 101 and 102:
may be affected by the small size i
Page 103 and 104:
eveals a group of 77 subsidiaries o
Page 105 and 106:
Table 6.2 gives the distribution by
Page 107 and 108:
for accuracy. The whole sample expe
Page 109 and 110:
Figure 6.16 Expected re-investment
Page 111 and 112:
Local content impacts The analysis
Page 113 and 114:
other hand, the thesis, according t
Page 115 and 116:
Figure 6.25 Distribution of main in
Page 117 and 118:
Technology and know-how transfer In
Page 119 and 120:
Figure 6.29 Expenditure on training
Page 121 and 122:
Table 6.17 Number of university gra
Page 123 and 124:
control is of paramount importance
Page 125 and 126:
Table 6.18 Foreign investor’s bra
Page 127:
Summary Wage and employment growth
Page 130 and 131:
Table 7.1 Exports for main investor
Page 132 and 133:
Figure 7.2 Past and future export g
Page 134 and 135:
Table 7.7 Top regional export desti
Page 136 and 137:
Export markets The long-established
Page 138 and 139:
global exporters’ contribution to
Page 140 and 141:
Table 8.2 Location factors consider
Page 142 and 143:
Figure 8.2 Assessments of changes i
Page 144 and 145:
Figure 8.7 Comparison of importance
Page 146 and 147:
Figure 8.11 Classification tree of
Page 148 and 149:
Figure 8.15 Pre-investment services
Page 150 and 151:
period (average of 15 years) over w
Page 152 and 153:
Figure 9.1 Future employment and in
Page 154 and 155:
taking advantage of the opening up
Page 156 and 157:
associated with FDI. In these count
Page 158 and 159:
Table 9.1 Major characteristics of
Page 161 and 162:
List of tables and figures FIGURES
Page 163 and 164:
Figure 4.65 Sales by market orienta
Page 165 and 166:
Table 3.1 FDI stock - book value of
Page 167:
Annex table 6.10 Expenditures on su
Page 170 and 171:
a work permit? How many engineers/s
Page 173 and 174:
ANNEX
Page 175 and 176:
Annex table 2.1 Detailed definition
Page 177 and 178:
Annex 2.4 Sample size requirements
Page 179 and 180:
Annex table 3.2 Distribution of for
Page 181 and 182:
BOOK VALUE(in USD) WORKFORCE Number
Page 184 and 185: Annex: Chapter 4 Annex table 4.1 Sa
Page 186 and 187: Annex table 4.2 Sales, book value a
Page 188 and 189: Annex table 4.3 Sales, book values
Page 194 and 195: Annex table 4.6 Subsectors by inves
Page 196 and 197: Annex: Chapter 5 Annex table 5.1 In
Page 198 and 199: Annex table 5.7 Last year’s sales
Page 200 and 201: Annex table 5.13 Annual sales growt
Page 202 and 203: Annex table 5.19 Sales per USD book
Page 205 and 206: Annex: Chapter 6 Annex table 6.1 Wa
Page 207 and 208: Annex table 6.3 Annual employment g
Page 209 and 210: Annex table 6.6 Ratio of expected r
Page 211 and 212: Percentage of local content MEAN ME
Page 213 and 214: Annex table 6.11 Expenditure on tra
Page 215 and 216: Annex table 6.14 Proportion of univ
Page 217 and 218: Annex table 6.16 Proportion of expa
Page 219 and 220: Annex figure 6.1 Classification tre
Page 221 and 222: Annex figure 6.5 Classification tre
Page 223 and 224: Annex: Chapter 7 Annex table 7.1 To
Page 225 and 226: Annex table 7.4 Export growth (past
Page 228 and 229: Annex: Chapter 8 Annex table 8.1 Lo
Page 230 and 231: Annex table 8.4 Ranking of countrie
Page 232 and 233: Annex figure 8.1 Assessment of chan
Page 236: Printed in Austria March 2007 UNITE
show all

Africa Foreign Investor Survey 2005 - unido

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?