Economic and human development have long been the focus of international development practice and study. While the more traditional approaches of international development such as aid still play an important role, recent frontiers of development research have argued economic growth as a fundamental mechanism for poverty reduction and human development.
The direct and indirect effects of economic growth (of which foreign direct investment (FDI) serves as one of the major engines) may lift masses of people from poverty; just as China has achieved in the past three decades. The managerial and technological knowledge transferred or spilled-over to the local community may increase the capability of the local management and workforce, and enhance economic and human development in various aspects
Authors
Xiaolan Fu, Serena Masino, George Essegbey, Godfred Frempong, Jun Hou and Mavis Akuffobea
