Foreign Direct Investment in Ghana: Patterns of Activity, Distribution and the Role of Government Policy

Abstract

ABSTRACT Foreign Direct Investment (FDI) is playing an increasingly important role in the development efforts of many developing countries. As a result competition to attract FDI among developing countries has heightened. This paper provides a descriptive account of the trends and patterns of FDI in Ghana and the role of government policy in attracting FDI into Ghana's emerging economy. This article uses both official annual aggregate data and project level information to examine trends over time, ownership type of FDI, geographical location of projects, distribution by sector and evaluates the key components of the government reforms programme.