DETERMINANTS OF FOREIGN DIRECT INVESTMENT INFLOWS TO SUB-SAHARAN AFRICA (Czynniki determinujace naplyw bezposrednich inwestycji zagranicznych do krajow Afryki subsaharyjskiej)

The study was undertaken in an attempt to examine the fundamental determinants of foreign direct investment (FDI) to Sub-Saharan Africa. FDI is considered a positive phenomenon, particularly for developing countries. These countries face many barriers to development, including lack of capital and thus the lack of investment opportunities. Therefore, the question arises: how to attract more foreign capital, and what new and effective policy to apply? To answer this question, one must examine the determinants of FDI inflow to the test region. The paper focuses on determinants associated with management issues recommended by international institutions, namely: economic and political stability, corruption and administrative procedures, investment climate, as well as attractiveness and good governance in the field of foreign direct investment.