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| Title: | The impact of Chinese FDI on employment generation in the building and construction sector of Ghana |
| Authors: | Boakye-Gyasi, Kwasi Li, Yao |
| Year: | 2015 |
| Periodical: | Eurasian Journal of Social Sciences |
| Volume: | 3 |
| Issue: | 2 |
| Pages: | 1-15 |
| Language: | English |
| Geographic terms: | Ghana China |
| Subjects: | construction industry foreign investments economic development employment |
| External link: | https://doi.org/10.15604/ejss.2015.03.02.001 |
| Abstract: | One of the major concerns of governments in Africa in general and Ghana in particular is unemployment and underemployment. Most developing countries, especially African countries, compete to attract foreign direct investment (FDI) into their economies with the desire of improving the employment level and securing sustainable development leading to economic growth. In view of this, the creation of jobs for the unemployed and technology transfer through Chinese investments has become complementary since Chinese FDI can be an important source for employment, economic growth and transformation processes. This study focuses on the contribution of China's FDI on employment generation in the building and construction sector of Ghana. The results show that, Chinese FDI flows, through direct effects on the building and construction sector of Ghana, have positive and significant effects on employment growth. This means that Chinese FDI contributes to an efficient workforce which benefits the economy through high productivity and leads to growth in individual household incomes. Bibliogr., notes, sum. [Journal abstract] |