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Public governance, health and foreign direct investment in Sub-Saharan Africa

Desbordes, R. and Azémar, C. (2009) Public governance, health and foreign direct investment in Sub-Saharan Africa. Journal of African Economies, 18 (4). pp. 667-709. ISSN 0963-8024

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Abstract

Using 1985-2004 yearly panel data for 70 developing countries, including 28 from Sub-Saharan Africa (SSA), the paper finds that once market size is accounted for, SSA's foreign direct investment (FDI) deficit with other regions of the world is mainly explained by the insufficient provision of public goods: relatively low human capital accumulation, in terms of education and health in SSA. On the basis of additional cross-sectional data, the paper finds that in the absence of HIV and malaria, net FDI inflows in the median SSA country could have been one-third higher during 2000-2004, with slightly more than one-half of this deficit explained by malaria

Item type: Article
ID code: 15310
Keywords: public governance, health direct investment, foreign direct investment, Sub-Saharan Africa, Economic Theory
Subjects: Social Sciences > Economic Theory
Department: Strathclyde Business School > Economics
Related URLs:
    Depositing user: Mrs Kirsty Fontanella
    Date Deposited: 04 Feb 2010 12:58
    Last modified: 12 Mar 2012 11:01
    URI: http://strathprints.strath.ac.uk/id/eprint/15310

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