外文翻译原文--对外直接投资的区位行为：南非约翰内斯堡实例.pdfVIP

Urban Forum (2009) 20:415–435 DOI 10.1007/s12132-009-9071-z The Locational Behaviour of Foreign Direct Investment: Evidence from Johannesburg, South Africa Christian M. Rogerson Published online: 20 November 2009 # Springer Science + Business Media B.V. 2009 Abstract This article represents a contribution to the limited scholarship on understanding the locational behaviour of foreign direct investment (FDI) in Africa. Against a background review of international research and debates on locational decision-making of foreign investors at both international (particularly within the developing world) and national scales of analysis, the profile and patterns of foreign investment in Johannesburg are documented and the key factors influencing investor location choice are analysed. Although investors from 34 countries are represented in Johannesburg, the leading ten investor countries, headed by USA, Germany and UK, account for 85% of all investments. An emerging trend is for the growth of FDI from India, China and the Middle East. Reasons given by foreign investors for selecting Johannesburg as an investment destination largely mirror the international experience of location decision-making by foreign investors. Johannesburg is shown to be the preferred choice for business operation both in South Africa and the broader southern African region because of several agglomeration factors which relate to the citys position as economic hub, financial centre and core market of southern Africa. Keywords Location of foreign direct investment . Johannesburg . South Africa Introduction The advance of globalisation is often symbolised by the international expansion of foreign direct investment (FDI) across the world. Over the past 25 years significant changes have been observed in patterns of global FDI flows (UNCTAD 2007). Sectorally, the most