1887

n African Journal of Business and Economic Research - Internationalisation, regionalisation and Africa's economic growth strategies

Volume 2, Issue 1
  • ISSN : 1750-4554
  • E-ISSN: 1750-4562

Abstract

This paper presents an integrated model of internationalisation of firms and illustrates its usefulness in analysing the economic growth opportunities available to African countries with the contemporary global market economy. It argues that African firms could strengthen their competitive positions in the global market, not only through downstream processes of internationalisation but also through links with their foreign suppliers. Upstream arrangements strengthen firms' technological and organisational capabilities and enable them to raise their product and marketing effort to international standards. African government policy interventions must therefore address constraints in both upstream and downstream dimensions of internationalisation. The discussions also show that while intra-African trade remains constrained by internal problems, the new business relations between Asia and SSA countries (both upstream and downstream) offer new growth possibilities that African firms and governments must explore.

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/content/aa_ajber/2/1/EJC10414
2007-01-01
2019-08-20

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