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Microeconomic consequences and macroeconomic causes of foreign direct investment in Southern African economies (Inglés)

The authors use a new data set on firms in thirteen countries of the Southern African Development Community (SADC) and comparators from other regions to identify the benefits and determinants of Foreign Direct Investment (FDI) in this region. FDI has facilitated local development in the SADC. Foreign owned firms perform better than domestic firms, are larger, and locate in richer and better-governed countries and in countries with more competitive...
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