Juma, Mary-Ann--Thesis
Juma, Mary-Ann--Thesis
Juma, Mary-Ann--Thesis
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Figure 2: Country shares of FDI flows to Sub-Saharan Africa (1980-2010)<br />
Source: UNCTAD (2012), author’s calculations.<br />
In summary, Africa has seen a considerable rise in FDI inflows over the past few<br />
decades. FDI inflows have increased from $400 million in 1980 to $60.2 billion in 2009,<br />
rising by a factor of fifteen. Over the past 30 years, real GDP across the continent has<br />
doubled, rising from about $505 billion in 1980 to $1,196 billion in 2009. This provides<br />
some a priori evidence that there is a positive correlation between GDP growth and FDI<br />
inflows.<br />
Others, 33.3%<br />
The Republic<br />
of Congo, 4.3%<br />
Sudan, 5.7%<br />
South Africa,<br />
13.0%<br />
Angola, 25.2%<br />
Nigeria, 18.5%<br />
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