Graduate School of International Studies Ajou University
Publication Year
2005-08
Language
eng
Alternative Abstract
FDI has attracted a lot of attention from developing countries because of the perceived advantages in terms of capital injection, technology transfer and economic growth. This dissertation examines the inflow of FDI to a developing country, Cameroon, between 1993 and 2003 and the contribution it made to the country’s economic growth, leading to its recovery from an economic crisis that started in 1986. FDI contribution was studied first, from the level of inflow from some selected countries and second, from macroeconomic and micro economic perspectives. While it was discovered that at the macroeconomic level a large flow of FDI did not have a large positive impact on the economy, at the microeconomic level, its contribution to some industries was very significant. Thus, the conclusion was drawn that FDI did play a key role in the economic recovery drive of Cameroon between 1993 and 2003, the period within which the country embarked on a serious recovery program. The disparity between the two economic levels study was due mainly to the lack of an appropriate data collection agency and method.