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dc.contributor.authorNordås, Hildegunn Kyvik
dc.contributor.authorPretorius, Leon
dc.date.accessioned2008-02-27T12:56:58Z
dc.date.accessioned2017-03-29T09:12:37Z
dc.date.available2008-02-27T12:56:58Z
dc.date.available2017-03-29T09:12:37Z
dc.date.issued2000
dc.identifier.isbn82-90584-65-2
dc.identifier.issn0804-3639
dc.identifier.urihttp://hdl.handle.net/11250/2435878
dc.description.abstractThis paper analyzes and explains foreign direct investment (FDI) in Mozambique. The country was one of the fastest growing countries in the world during the second half of the 1990s, and FDI has followed growth with a lag. FDI is dominated by South African and Portuguese companies, it is concentrated in the Maputo corridor, and one major project, an aluminium smelter plant, accounts for more than 60 per cent of total accumulated FDI. The driving forces for FDI appear to be access to natural resources, particularly cheap energy, a reasonably well developed infrastructure and regional economic integration. The most important direct impact of FDI in Mozambique is export earnings, easing the foreign exchange constraint on investments. Since the foreign investments are concentrated in mature, capital-intensive industries, job creation is limited and depends on the development of backward linkages to the local economy.
dc.language.isoeng
dc.publisherChr. Michelsen Institute
dc.relation.ispartofseriesCMI Working paper
dc.relation.ispartofseriesWP 2000: 10
dc.subjectForeign direct investment
dc.subjectMozambique
dc.titleMozambique - a sub-Saharan African NIC?
dc.typeWorking paper


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