FDI to Africa : The Role of Price Stability and Currency Instability /

Africa lags behind other regions in attracting foreign direct investment (FDI). In some circumstances, there are obvious explanations for the absence of FDI, such as a high incidence of war. In this paper, we examine the role that monetary and exchange rate policy may have played in explaining this...

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Autor principal: Reinhart, Carmen
Altres autors: Rogoff, Kenneth
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2003.
Col·lecció:IMF Working Papers; Working Paper ; No. 2003/010
Accés en línia:Full text available on IMF