The Impact of Foreign-owned Enterprises in Low-income Economies
Department
School of Conflict Management, Peacebuilding and Development
Document Type
Article
Publication Date
6-2018
Embargo Period
8-27-2018
Abstract
An economic impact snapshot of foreign and domestic enterprises from the functional economic areas of Guinea-Bissau showed that not all micro and small enterprises (MSEs) are local, and not all outside investment is large scale. We find that South–South entrepreneurship has prospects to improve livelihoods as drivers of economic growth and development in a low-income economy. While political instability and a lack of resources remain as barriers to solvency for both domestic and foreign investors in the global periphery, as opportunities and effective business strategies are fostered, improved socio-economic integration and development results.
Journal Title
Development in Practice
Journal ISSN
0961-4524
Digital Object Identifier (DOI)
10.1080/09614524.2018.1480895