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The impact of foreign direct investment on post-war South African economic development

Bibliography: leaves 305-324.

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Main Author: Cooper, John Howard
Format: Thesis
Language:English
Published: School of Economics 2015
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author Cooper, John Howard
author_browse Cooper, John Howard
author_facet Cooper, John Howard
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description Bibliography: leaves 305-324.
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institution University of Cape Town (South Africa)
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provenance_str_mv Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository
publishDate 2015
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spelling oai:open.uct.ac.za:11427/14724 The impact of foreign direct investment on post-war South African economic development Cooper, John Howard Investments, Foreign - South Africa Bibliography: leaves 305-324. The thesis examines the theory of the determinants and welfare impact of foreign direct investment on host countries, concluding that resource transfer effects are not necessarily beneficial in certain circumstances. The distribution and penetration of foreign direct investment in the South African economy is analysed in the context of the debate about dependency and the role of technology in economic development. It is concluded that given the small amounts of fixed capital actually transferred to South Africa and the negative basic transfer which has occurred since the war, the role of technology in the economic development of South Africa has been crucial. It is argued that despite the relatively low level of foreign direct investment penetration in south Africa, efforts to reduce this penetration are hampered by continuing high dependence on foreign technology, which reflects the ~ay in which the international technology market works. The conclusion is that this dependence can only be reduced by assimilating and copying foreign technology, which should, if necessary, be purchased separately from capital, especially if foreign investors are reluctant to risk fixed investment in the New South Africa. The statistical sources used are official South African Reserve Bank figures for capital flows and stocks, a data base constructed by the author from the Bureau of Market Research's unpublished industrial register and the results of a questionnaire administered to a stratified random sample of local and foreign manufacturing firms in South Africa. 2015-11-08T05:01:38Z 2015-11-08T05:01:38Z 1992 Doctoral Thesis Doctoral PhD http://hdl.handle.net/11427/14724 eng application/pdf School of Economics Faculty of Commerce University of Cape Town
spellingShingle Investments, Foreign - South Africa
Cooper, John Howard
The impact of foreign direct investment on post-war South African economic development
thesis_degree_str Doctoral
title The impact of foreign direct investment on post-war South African economic development
title_full The impact of foreign direct investment on post-war South African economic development
title_fullStr The impact of foreign direct investment on post-war South African economic development
title_full_unstemmed The impact of foreign direct investment on post-war South African economic development
title_short The impact of foreign direct investment on post-war South African economic development
title_sort impact of foreign direct investment on post war south african economic development
topic Investments, Foreign - South Africa
url http://hdl.handle.net/11427/14724
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