By analysing investment flows and examining the role of foreign direct investment in key industries, this book examines why Southern Africa has not become a magnet for FDI and what it needs to do to attract more investment.

While Italy's catch-up in the course of the 20th century has been nothing short of extraordinary, it has failed to produce a large number of global business players. Nonetheless, half a century ago an Italian company concluded what was at the time the largest-ever foreign takeover of a US...