THE ROLE OF FOREIGN DIRECT INVESTMENT TO THE TANZANIAN ECONOMIC GROWTH
THE ROLE OF FOREIGN DIRECT INVESTMENT TO THE TANZANIAN ECONOMIC GROWTH
- 주제(키워드) FTA , International Trade , Tanzania
- 주제(KDC) 326
- 주제(DDC) 382
- 발행기관 아주대학교
- 지도교수 이수복
- 발행년도 2007
- 학위수여년월 2007. 8
- 학위명 석사
- 학과 및 전공 국제대학원 국제통상학과
- 본문언어 영어
초록/요약
Recently, developing countries especially in Africa see the role of foreign direct investment (referred to as FDI henceforth) as a crucial to their economic development. Tanzania is a new entrant of FDI since it pursued command-based economy in late 1960’s and 1970’s before it transformed itself to market oriented economy in early 1980’s. After the extensive reforms made by the government, the private investment were highly encouraged from both domestic and foreign sources. This study attempts to examine the role of FDI to the economy development since 1980. The study also examine the role of FDI serving as a source for capital formation, international trade, employment generation, and transfer of skills and technology and it’s overall impact to the GDP growth. At the sectorial level, the study examines the contribution of FDI in the mining and banking to the economic growth. This study reviews the number of existing literatures on the effects of FDI to the economic growth, the determinants of FDI and its motives as well as the empirical work underlying its role to the economic growth. This paper used secondary data by converging both qualitative and quantitative data. In order to validate the findings of the qualitative data, the study also used empirical analysis to measure the relationship between the FDI and GDP growth and the determinants of GDP growth. The findings of the study show that FDI has a significant role to the economic growth of Tanzania. The paper recommends that, Tanzania can attract more FDI by improving the skills of its human resources, offer more attractive policies and offer bigger markets by seeking reliable FTA partners.
more목차
Chapter 1: Introduction 1
1.1. General 1
1.2 Objectives of the Study 1
1.3 Data Descriptions, Methodologies and Limitations 2
Chapter 2: Theories of FDI and Literature Review 4
2.1 Concept of Foreign Direct Investment and Economic Growth 4
2.2 Sources of Economic Growth 5
2.3 Effects of FDI on Growth and Development 6
2.4 Theories of FDI 11
2.5 Drivers of FDI 12
2.6 Empirical Evidence on Market Drivers and Trade Conditions 15
2.7 Determinant of Foreign Direct Investment 17
2.8 Advantages and Disadvantages of FDI 18
Chapter 3 Tanzania’s Economic Structure 21
3.1 An Overview of the Tanzanian Economy 21
3.2 Industrial Structure and Trade Overview 26
3.3 Domestic Trade Reforms 27
3.4 Trade and FDI Policy 28
Chapter 4 Economic Impact of FDI 30
4.1 An Overview of FDI in Tanzania 30
4.2 Role of FDI in Mining and Banking Sectors 40
4.3 Flow of FDI by Sectors and Country of Origin 43
4.4 Relationship between FDI and Economic growth 45
4.5 Problems of FDI in Tanzania 49
4.6 Challenges of FDI to the Tanzanian Economic Growth 50
Chapter 5 The Role of FDI on Economic Growth 52
5.1 Empirical Analysis: Linear Multiple Regression 55
5.2 Estimations on the Determinants of GDP 56
5.3 Interpretations of the Findings 57
Chapter 6 Conclusion and Recommendations 59
6.1 Conclusion 59
6.2 Recommendations 60
References 61
Appendix 63
