Macroeconomic Analysis of Currency Depreciation and Foreign Direct Investment: A Case Study of Ghana’s Emerging FDI Market.

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Macroeconomic Analysis of Currency Depreciation and Foreign Direct Investment: A Case Study of Ghana’s Emerging FDI Market.

Abstract

Foreign direct investment is seen as one of the most resilient forms of investment in periods of economic crises. Ghana as a developing country has been revising its regulations in order to attract investment from many foreign firms into the nation. The adoption of technology and the recent discovery of oil has the tendency of attracting more foreign investors into the country. The same country also faces the problem of currency depreciation whereby the cedi continues to lose its value against major currencies such as the dollar and the pound.

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