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  • 标题:THE IMPACT OF FOREIGN DIRECT INVESTMENT ON THE DEVELOPMENT OF THE GHANAIAN MINERAL INDUSTRY
  • 本地全文:下载
  • 作者:Peter Arroja Eshun ; Steve Aidoo Jellicoe
  • 期刊名称:Asian Journal of Business and Management Sciences
  • 电子版ISSN:2047-2528
  • 出版年度:2012
  • 卷号:1
  • 期号:01
  • 页码:148-167
  • 出版社:Society for Business Research Promotion
  • 摘要:Ghana liberalised the investment policies governing her mineral industry in 1986 to attract Foreign Direct Investment (FDI) into that sector which was constrained due to lack of finance during the late 1970’s and early 1980’s. Consequently, there have been increases in mineral production, foreign exchange earnings and revenue. However, there are attendant negative effects on the environment and local communities which cannot be underestimated especially when much of the profits are accrued to foreign investors. This paper employs both primary and secondary data to analyse the impact of FDI on the development of the Ghanaian mineral industry. It reveals that FDI has been the livewire of large scale mining operations in Ghana and has even infiltrated the operations of small scale mining which is otherwise preserved for the local Ghanaian artisanal mining community. Key Words: Foreign direct investment, mining, environment, development, local mining community Full Text
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