THE ROLE OF FOREIGN DIRECT INVESTMENT IN THE MINING SECTOR OF GHANA
THE ROLE OF FOREIGN DIRECT INVESTMENT IN THE MINING SECTOR OF GHANA
- 주제(키워드) International Business , Ghana
- 주제(KDC) 326
- 주제(DDC) 382
- 발행기관 아주대학교
- 지도교수 이수복
- 발행년도 2007
- 학위수여년월 2007. 8
- 학위명 석사
- 학과 및 전공 국제대학원 국제경영학과
- 본문언어 영어
초록/요약
Since the inception of the National Economic Recovery Program (ERP) in 1983, the government of Ghana under the guidance of the International Monetary Fund (IMF) and the World Bank has amended numerous policies to establish a more attractive investment climate for foreign investors` participation in the mineral exploration and extraction sector. This study aims to identify the contributions of foreign direct investment in the mining sector of Ghana. Applying both quantitative and qualitative methods, this research reveals that there has been considerable growth in the number of new mines and exploration companies, the sector has increased its contribution to gross foreign exchange earnings and appears to have attracted substantial FDI over the years. The sector now accounts for close to 20 percent of gross foreign exchange earnings and attracts almost 80 percent of total FDI into the country. Despite the impressive statistics, there is growing concern among stakeholders in the mining sector with regard to the real benefits accruing to the ordinary Ghanaian, the mining communities and the country in general. Contrary to the expectations of many people, the growth in FDI in the mining sector did not improve the livelihood of people in the mining communities. The research revealed that the presence of the mining companies has brought other social and environmental problems like high unemployment, inadequate housing facilities, drug abuse, massive deforestation, increased use and misuse of mining chemicals in the mining communities.
more목차
Chapter 1 Introduction 1
1.1 Objectives of the study 2
1.2 STRUCTURE AND METHODOLOGY OF THE STUDY 3
1.3 Significance of the study 4
Chapter 2 INVESTMENT, EFFICIENCY AND ECONOMIC GROWTH CONCEPT 5
2.1 Definition of Investment and Foreign Direct Investment 5
2.2 Theories of Foreign Direct Investment 9
2.3 The Role of Foreign Direct Investment in economic growth. 12
2.4 Concept of Efficiency 14
Chapter 3 THE CONTRIBUTION OF FDI IN THE MINING SECTOR TO THE ECONOMY 18
3.1 Overview the mining sector in Ghana 18
3.2 The economic impact of mining sector FDI 22
3.3 The social effects of FDI in the mining areas 34
3.4 The environmental impact of FDI in the mining areas 35
3.5 Prospects for the mining industry 37
Chapter 4 ANALYSIS OF FIVE SELECTED MINING COMPANIES IN GHANA 38
Chapter 5 CONCLUSIONS AND POLICY RECOMMENDATIONS 46
5.1 Conclusions 46
5.2 Policy recommendations. 48
