Dr. Damoah Obi Berko has been appointed as an Academic Researcher for the period 2018 to 2021 at the Centre for West Africa Studies, University of Electronic Science and Technology of China (UESTC). This was based on a paper he presented at a Conference titled A Sectoral Analysis of FDI Inflow in Ghana: The Implications for the Proposed National 40-year Strategic Plan. The appointment was made at the 2017 International Conference on Public Administration (12th ICPA) & International Symposium on West African Studies (1st ISWAS) in collaboration with the University of Ghana, the Ghana Institute of Management and Public Administration (GIMPA), University of Cape Coast and University of Electronic Science and Technology of China (UESTC), which took place from the 14th to the 17th of November 2017, in Accra and Cape Coast.
The Centre for West Africa Studies is a Centre set up by the University of Electronic Science and Technology of China (UESTC) to address socio-economic issues in West Africa and their implications on China. UESTC has developed into a multidisciplinary university directly under the supervision of the Ministry of Education. It has electronic information science and technology as its nucleus, engineering as its major field, and incorporates natural science, management, economics and liberal arts. UESTC has more than 3, 000 faculty members, of whom 7 are academics of CAS & CAE, 196 PhD supervisors, 325 full professors and 483 associate professors. It has a current enrollment of 26,000 students, including about 10, 000 PhD and MS students. Since its foundation in 1956, UESTC has trained more than 100,000 graduates.
UESTC now consists of 14 schools, plus Chengdu College and Zhongshan College. It offers 41 undergraduate programmes, 62 programmes for the MS degrees and the MBA, and Engineering master's programmes. UESTC has 36 specialities authorised to confer Ph.D. UESTC is the only higher institute which covers all 6 national key disciplines in electronics and information science in China. Besides, it has 22 Ministerial or Provincial key disciplines, 4 National Key Labs and 39 Ministerial or Provincial Key Labs. UESTC has achieved 43 scientific national awards, over 600 ministerial or provincial awards, about 500 patents, and has 20,000 scientific papers and books issued within the decade. The research fund in 2007 reaches 0.51 billion RMB
About the Paper
The paper argues that FDI inflows play a significant role in the socio-economic development of host countries, especially in developing countries. Consequently, foreign direct investment (FDI) inflow is one of the topics which has constantly engaged the attention of economists, academics, governments and practitioners alike. Unlike in the past where FDI was dominated by developed countries, the pattern of investment flow to developing countries including Africa have improved and is steadily changing. Theories of FDI (e.g. Dunning, 1988 [Electric paradigm]; Hymer, 1973 [internalisation theory; Vernon, 1996 [Product Cycle Theory]), the electric paradigm (Dunning, 1988) predict and explain the benefits of FDI to both host governments and the investing international multinational corporations.
Drawing on the long-term planning school from the strategic management field, the study sought to examine the sector(s) that drives most FDI inflows to Ghana. The main motivation was to identify the sector that has the potential to make Ghana highly competitive in the global world in light of achieving the overriding goal of Ghana's 40-year national strategic plan. The study employed a secondary data set consisting of the annual FDI inflows into Ghana from 2002-2013 from the Ghana Investment Promotion Centre. The data set contains the total number of projects, the dollar value and the ownership composition of FDI's inflow that flowed to Ghana from 2002 - 2013.
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