Nigerian Economic Society
Hi Guest,
Home | Paper Submission | Signup |
      
Providing intellectual leadership in economic management in Nigeria
FOREIGN DIRECT INVESTMENT IN CROSS RIVER STATE, NIGERIA: An Evaluation of Investment Policy Framework

FOREIGN DIRECT INVESTMENT IN CROSS RIVER STATE, NIGERIA: An Evaluation of Investment Policy Framework

 

Abstract: Against the backdrop of a declining economy, occasioned by falling oil prices, factory closures, job losses, escalating prices due to surging exchange rate, waning GDP growth, weakening investors’ confidence, and the need for greater private sector involvement in growing the economy, this study evaluates the investment policy environment of one of Nigeria’s sub-national units (Cross River State) against one of the OECD’s Policy Framework for Investment (PFI) benchmarks. Within a theoretical and descriptive methodology, its findings indicate that though Cross River State has a long-term economic development objective of increased growth and employment, underpinned by private sector investment, its government, however, does not have a clearly articulated investment policy in place. It recommends the preparation of a coherent private sector investment policy which should address the state government’s policy position on foreign ownership, minimum investment requirements, and expropriation of assets, among many other critical gaps noticed in the state investment position and at the federal level.

JEL Classification: F21

Price: N500.00 | Add to cart
 

 

 

Login

Forget password? | Signup for Free!
Note: You must signup your email and create a password before you can register as an NES member
 

Latest News

CALL FOR ABSTRACT

65th ANNUAL CONFERENCE ANNOUNCEMENT 16th – 18th September 2024 Venue: Abuja, FCT, Nigeria ...read more


2023 NES PhD THESIS COMPETITION WINNERS

The Nigerian Economic Society It is with great pleasure that The Nigerian Economic Society (NES) ...read more


NIGERIAN ECONOMIC SOCIETY: PRESS RELEASE

The Nigerian Economic Society Elects New Governing Council Members During Its 64th Annual Conference...read more


NES 64TH ANNUAL CONFERENCE VENUE

Shehu Musa Yar’Adua Conference Centre, Central Area, FCT Abuja....read more


List of Hotels for the 2023 Annual Conference

Hotels address near Yar'Adua Conference Centre A. Price Range from N30, 000 and above: 1. Abuj...read more


Account details

Please, all payments in favour of the Nigerian Economic Society (NES) should be paid into our accoun...read more


E-Mail Subscription

VoguePayVisaMasterCard