In the 3 years before the 2008 Financial Crisis, GDP growth in sub Saharan Africa (averaged over individual economies … significant Chinese FDI flows into these countries, accounting for up to 10% of total inward FDI flows for certain countries in … inward FDI. We follow Solow (1957), Dennison (1962), and others and use data for individual economies between 1990 and 2008 …

driven mostly by global commodity prices. In order to better understand the determinants of export success in Africa we …

now Africa's third largest trading partner behind the EU and the US. The Chinese FDI stock in Africa has grown from $49 … FDI compared to a total from all sources of $36 billion, around 1.4% of total FDI inflows to Africa; and only 8.6% of …Trade between the whole of Africa and China (imports and exports summed) grew from $10.6 billion to $73.3 billion …

We investigate the relationship between economic growth and lagged international capital flows, disaggregated into FDI … FDI - both inflows and outflows - and growth. The relationship between growth and equity flows is smaller and less stable …

inflows of portfolio debt, portfolio equity, and FDI, controlling for country's stock of short-term external debt and … commodity terms of trade. Average level of FDI inflows is associated with a 23 percent higher takeoff probability relative to a … zero FDI inflow benchmark, and this effect is highest for the Latin America subsample, with a 65 rise in takeoff …

Empirical studies quantifying the economic effects of increased foreign direct investment (FDI) have not provided … consistent with theory if countries are in transition to FDI openness. Anticipated welfare gains lead to temporary declines in … domestic investment and employment. Also, growth measures miss some intangible FDI, which is expensed from company profits. The …

this masks an important and novel result. We find strong evidence that FDI and portfolio equity liabilities boost TFP …