China-Africa Foreign Trade Policies: the Impact of China's Foreign Direct Investment (FDI) Flow on Employment of Ghana

Ghana has identified foreign direct investment as a key way to transform its economic growth. China looks on to offer Ghana a new model for development alternative to the western style that depends on commercial relations and fair market. It prioritizes stability over democracy by way of providing alternative development model through promoting product differentiation and competing in different market mechanism. The main question of this research project is "What is the impact of China Foreign Direct Investment (FDI) flows on the Ghanaian employment sector?" This study would get rid of the wrong impression people have diabolically registered on their minds about Chinese investments. It is imperative that the study would assist students, economists, investors, business leaders and other government officials to understand the significance of FDI and its realization of a sustainable societal development. It will be able to strengthen existing factual and evaluative statements about the impact of Chinese FDI. This research will be limited to the employment activities Chinese investments have impacted in the economy of Ghana. This research is set to determine the quality of goods and services rendered to the various economic sectors of Ghana; the role of Chinese FDI in Ghanaian economy and other financial flows such as loans, development assistance between China and Ghana. This study makes use of the statistical descriptive method which supports the analysis of the influence of FDI inflow in a quantitative way. Results from the study shows that, about 80% or more of investments from China has been mostly concentrated in the Manufacturing, Building & Construction and General Trade sectors of the economy of Ghana for the past five (5) years. This study will be complimented by empirical findings in later sections. (c) 2011 Published by Elsevier B.V. Selection and/or peer-review under responsibility of International Materials Science Society.