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Characteristics of Foreign Direct Investment into Agriculture in Ghana
ISSN: 2026 - 6480Publisher: author   
Characteristics of Foreign Direct Investment into Agriculture in Ghana
Indexed in
Agriculture and Food Sciences
ARTICLE-FACTOR
1.3
Article Basics Score: 2
Article Transparency Score: 2
Article Operation Score: 2
Article Articles Score: 2
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International Category Code (ICC):
ICC-0202
Publisher: Koforidua Technical University
International Journal Address (IAA):
IAA.ZONE/2026394236480
eISSN
:
2026 - 6480
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Abstract
The paper investigated the characteristics of foreign direct investment( FDI) to Ghana's agriculture by examining the flow of funds, projects, employment and possible pre-independence legacies in FDI inflows from Ghana's former partners in colonial relationships and the slave trade. Using moving averages, percentages, cross tabulations and chi-squares tests, to data from 1994-2010, the following conclusions were drawn; a) FDI flows, measured by estimated cost of projects remained stable and low for most part of 1994-2010. However, huge jumps were witnessed after 2008, coinciding with Ghana's second time of successful and peaceful transfer of political power to another government; b) Clustering of agricultural projects in Greater Accra Region, c) a strong attraction of large FDI firms for the crops subsector; d) 75% of the FDI projects are SMEs; e) Among European countries, Ghana's former slave and colonial masters, Britain, Netherland...