| The Tanzanet Journal - Vol. 1 No.
2 December 2001 |
| . |
Attracting New Foreign Direct Investments to Tanzania
Honest Prosper Ngowi
Institute of Development Management, Mzumbe Tanzania
About the Author.
Mr. Ngowi is a lecturer in Economics at the Institute of Development Management (IDM) Mzumbe, Tanzania. He is currently pursuing a Ph.D. in Economics at the Norwegian School of Economics and Business Administration (NHH). Abstract. The paper has two major objectives. First, I will critically evaluate the impact of foreign direct investment (FDI) on economic development in Tanzania. I will then propose some ways for Tanzania to attract more FDI. A relatively short literature review on the potential of FDI in host economies is presented and then data on FDI in Tanzania are presented. This data is based on secondary source research and information that I collected on more than 20 foreign firms in 13 sectors of Tanzanian economy. The main conclusion is that although FDI is still in its infancy in Tanzania, it has played and still has the potential to play a substantial positive role in the development of the country. It becomes natural to propose that more FDIs have to be attracted in the country. Some ways that Tanzania can attract more FDI is then presented as a natural extension of the first objective.
Full paper
PDF-Format
TANZANET Journal - Vol. 1 No.
2
The Tanzanet Journal (ISSN:1650-108X) is an official biannual publication of TANZANET - The Tanzanian Electronic Networking Community, www.tanzanet.org It contains refereed articles and abstracts describing results of research that elucidate all things Tanzanian. We also encourage submision of Informational Technology articles for publication consideration.
|
|
