Foreign Investment Attraction: Some Salient Challenges for Zambia (original) (raw)
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The paper explores the challenges Zambia faces in improving its attractiveness to foreign investors following a change in government. It discusses initiatives taken by the government and business organizations to foster investment, such as the establishment of the Investment Centre and Zambia Privatisation Agency. Despite these efforts, obstacles remain including the need for better communication systems, a stable policy environment, and a robust information database on investment opportunities. Additionally, the paper highlights the necessity for Zambia to adopt targeted marketing strategies and implement economic stabilization policies to enhance its competitiveness in the global market.
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Investment policy has always played one of the most important roles in the development of the national economy. Foreign direct investment is interconnected with the activities of multinational companies and the opportunities that can be obtained by the host country. The article reveals the investment policy of Zambia and the role played by the public sector in it. The identified competitive advantages prove that Zambia has significant investment potential even though the country does not have direct access to the sea. Significant reserves of mineral raw materials confirm the energy and resource security of the economy, which is the area for investment by both national and foreign companies. The authors pay attention to several important problems of socioeconomic significance, which complicate the effective and full functioning of the economy. The authors found that there are not enough studies in the domestic and foreign literature on the investment potential of Zambia. The study of inward investment activity showed that free economic zones are the most effective tool for attracting FDI, while the extractive sector remains the most attractive in this area. A comparative analysis of the disadvantages and advantages of the Zambian economy, conducted by the authors, proves that the state has the necessary elements of investment attractiveness. However, it was noted that the arrival of investments in the country should also meet the socioeconomic interests of the state.
Factors of Doing Business, Case Study Kosovo
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Creating suitable conditions for all businesses that are established for the first time, businesses that already operate in all markets (internal and external), as well as those who claim to be created in the near future, are directly or indirectly influenced by proper terms of doing business of each adequate country, with particular emphasis on countries claiming to be newly incorporated into liberal economies (free market economy). Therefore, even Kosovo, in these circumstances and difficult moments of political and economic transition, is making the utmost effort to create favorable business conditions, especially when it comes to new direct investments from abroad and local ones. From this point of view, the main objective of this paper will be the analysis of all these issues related to the creation of the most appropriate conditions for all these factors, and to provide (following analysis and findings from the research conducted) adequate recommendations so that our country becomes more attractive to overseas investors who would help our country in economic growth and reduce unemployment as one of the main government targets.
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