Shopping Cart -

Your cart is currently empty.
Upgrade to today
for only an extra Cxx.xx

You get:

plus This issue of xxxxxxxxxxx.
plus Instant access to the latest issue of 340+ of our top selling titles.
plus Unlimited access to 30000+ back issues
plus No contract or commitment. If you decide that PocketmagsPlus is not for you, you can cancel your monthly subscription online at any time. Auto-renews at €10,99 per month, unless cancelled.
Upgrade for €1.09
Then just €10,99 / month. Cancel anytime.
Learn more
Pocketmags Digital Magazines
Pocketmags Digital Magazines
   You are currently viewing the Italy version of the site.
Would you like to switch to your local site?
Leggi ovunque Read anywhere
Modalità di pagamento Pocketmags Payment Types
Trusted site
A Pocketmags si ottiene
Fatturazione sicura
Ultime offerte
Web & App Reader
Loyalty Points

Chapter 10 The Effect of Green Competitiveness on FDI

Kigali has benefitted from being one of the cleanest and most liveable cities in Africa
© Derejeb
Countries like Tunisia with a high Environmental Performance Index attract higher values of FDI
© Valery Bareta

To address the twin challenges posed by global economic integration and global climate change, cities and countries must be both economically competitive and environmentally sustainable. However, theories about the coexistence of these goals have been in conflict. This study therefore aims to contribute to the debate by proposing the concept of ‘greencompetitiveness’ (GC) which consolidates the World Economic Forum’s Global Competitiveness Index (GCI) and Yale University’s Environmental Performance Index (EPI). To this end, the study tests the effect of three indicators on: a) the attraction of FDI into countries worldwide; and b) the attraction of FDI into African countries by comparing the results and eliciting policy recommendations for Africa.

Traditionally, the objectives of development have been the satisfaction of basic needs and maintenance of good standards of living and welfare. But the impacts of development on the environment were mostly not well considered, if at all. Consequently, environmental deterioration and climate change have forced the world to acknowledge the need for more environmentally sustainable and equitable development paths. In today’s global economy, the path to economic progress for firms, cities and nations is even more dictated by competitiveness than before, since trade liberalization has promoted the economic integration of cities and firms worldwide. While economic competitiveness and environmental progress are now accepted global concepts of development, their meaning varies for different geographic areas e.g. Europe, Asia or Africa. The main concern of the world’s developing economies is poverty reduction through economic growth and consequently the environmental aspects of development are often of a lesser concern. In contrast, for advanced economies, excess wealth that is actually at the basis of climate change has enabled these countries to pay greater attention to environmental and climatic issues. However, because 90% of the world’s future population and economic growth will be in developing economies, the importance of environmental issues cannot be ignored by either the advanced or developing areas of the world.

Purchase options below
Find the complete article and many more in this issue of Cities Today - The State of African Cities 2018
If you own the issue, Login to read the full article now.
Single Digital Issue
The State of African Cities 2018
Read Now
Getting free sample issues is easy, but we need to add it to an account to read, so please follow the instructions to read your free issue today.
Email Address
This issue and other back issues are not included in a new Cities Today subscription. Subscriptions include the latest regular issue and new issues released during your subscription.

View Issues

About Cities Today

The State of African Cities 2018 is published by IHS-Erasmus University Rotterdam and UN-Habitat in partnership with the African Development Bank. The aim of the report is to contribute to development policies that can turn African cities into more attractive, competitive and resilient foreign direct investment (FDI) destinations. Attracting global FDI is highly competitive and crosses various geographic scales, therefore regional cooperation by cities and nations is critical. But FDI is not a panacea since it has both positive and negative effects and careful choices need to be made by cities in their pursuit of FDI, if it is to lead to inclusive economic growth. This report aims to provide guidance on these choices and to facilitate understanding of the complexity of global investment in Africa.