FDI To Africa: The Role Of Price Stability And Currency Instability
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| Google books | books.google.com |
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| Originally published | 2003 |
| Authors | Kenneth Rogoff |
| Carmen Reinhart | |
| Date of Reg. | |
| Date of Upd. | |
| ID | 2073722 |
About 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 outcome. . . .