The purpose of this paper is to discuss and to anticipate the possible impacts Namibia’s New Investment Promotion Act (NIPA) may have on the flow of Foreign Direct Investment into the country. The aim is to highlight the researchers’ view that restrictive laws are harmful and deters investors. She maintains that NIPA be overhauled to create certainty and build investor confidence. Foreign direct investment is a significant part of every economy. It graces hosts with foreign revenue, technical know-how, technological spill overs, job creation, but to mention a few. The researcher also opines that liberal investment policies cannot be attributed to economic stagnation. The greatest evil in Africa is illicit financial flows, prompted by administrative corruption and the more. It is also noted throughout the paper that as Africans we need to focus on the proper implementation of domestic laws to see greater growth. This is where law-makers should direct their creative energies to. Liberal investment regimes are not the problem, but rather the ineffective implementation of those related laws and policies. / Mini Dissertation (LLM)--University of Pretoria, 2017. / Centre for Human Rights / LLM / Unrestricted
Identifer | oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:up/oai:repository.up.ac.za:2263/64615 |
Date | January 2017 |
Creators | Klazen, Tanya Chamel |
Contributors | OluSoyeju, Olufemi Olugbemiga, tcklazen01@gmail.com |
Publisher | University of Pretoria |
Source Sets | South African National ETD Portal |
Language | English |
Detected Language | English |
Type | Mini Dissertation |
Rights | © 2018 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. |
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