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Every single society in the world is engaged in the race for economic success and social development, independently of its system of values and beliefs. Like in every competition, there are leaders; runners-up and laggards. Attracting foreign direct investment (FDI) became fashion in the world economy. Since the mid-1980, some economist and policymakers have perceived FDI is the way towards economic growth. Governments all over the world started to draw attention to FDI and to create means to attract it. Most of FDI still flows between developed countries, while the flow of FDI to developing countries rises gradually. Developing countries, mainly African countries struggle to attract certain types of FDI. There are many factors claimed to attract and deter FDI.
About the author
Onélio Francisco Kapunga, born in Luanda, Angola. Graduated from Sussex University, UK in Business and Management studies (Bsc). Recently started teaching at the Higher Education in Luanda. He has interest in Management, Economics and Social Development.
