Measurement and Analysis of Investment Convenience Level in African Countries
- DOI
- 10.2991/sschd-19.2019.107How to use a DOI?
- Keywords
- Africa, Investment facilitation, Foreign direct investment.
- Abstract
The implementation of the “Belt and Road Initiative” provides investment support and trade facilitation for the African economy. The level of investment facilitation in African countries is crucial for China’s direct investment to them. This paper selects five first-level indicators of infrastructure quality, political and legal environment, information technology application, financial service quality and macroeconomic environment, expanding 29 secondary indicators to establish an index evaluation system on this basis, and then uses principal component analysis science to calculate the level of investment facilitation in African countries. It is estimated that the level of investment facilitation in Africa's main countries is quite different, South Africa has the highest level, followed by Mauritius and Morocco; Lesotho, Mauritania and Chad are in the third place; the rest are at intermediate levels, but Uganda and Nigeria are below the average level of investment facilitation in African countries. Thus continue to deepen the "One Belt, One Road" cooperation, deepen the interconnection between China and Africa, enhance the level of investment facilitation in African countries, and promote China's direct investment in Africa.
- Copyright
- © 2019, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Jingxia Yue PY - 2019/12 DA - 2019/12 TI - Measurement and Analysis of Investment Convenience Level in African Countries BT - Proceedings of the 5th Annual International Conference on Social Science and Contemporary Humanity Development (SSCHD 2019) PB - Atlantis Press SP - 519 EP - 523 SN - 2352-5398 UR - https://doi.org/10.2991/sschd-19.2019.107 DO - 10.2991/sschd-19.2019.107 ID - Yue2019/12 ER -