Foreign Direct Investment in Ghana – the Political Economy Perspective
DOI:
https://doi.org/10.15678/ZNUEK.2017.0970.1001Keywords:
foreign direct investment (FDI), political economy, economic growth, GhanaAbstract
Every developmental and economic agenda must seek to attract FDI. Both developed and emerging economies put in place various institutional, legal frameworks and other mechanisms to implement and execute investment agendas. This paper discusses Ghana’s situation by examining various programmes the country’s government has implemented and institutions that have been established to foster inward investment. Institutions like the Ghana Investment Promotion Centre (GIPC), the Gateway Programme and other reforms within institutions are also presented. The article concludes with a brief overview of the current investment trends in Ghana, the relevance of FDI and the importance of policy direction to protect sensitive sectors of the Ghanaian economy.
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