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Essay / Research Paper Abstract
This 5 page paper is an introduction to a research question; how to increase foreign direct investment into Libya. The research questions is defined and placed into a meaningful context and the main approach to the research is identified. The bibliography cites 3 sources.
Page Count:
5 pages (~225 words per page)
File: TS14_TEfdiques.rtf
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Unformatted sample text from the term paper:
a relatively straightforward question, looking at how defined foreign direct investment can be increased significantly for the current levels. However, it requires some consideration to clarify the relevance and the
definition of the question and how it can be answered. Questions should only be asked when there is also an understanding of the type of answer that will be gained.
The answer needed should be considered in the context of the problems that currently face Libya and a potentially solution to some of those issues. This means giving the questions
context as well as meaning. When considering the question the background to the question requires acknowledgment. Libya faces some major economic problems
which may be aided with increased FDI. With a GDP of $57.06 billion which increased at a rate of 5.8% in 2007 over 2006 (CIA, 2006), it may appear that
Libya is moving in the right economic direction. However, this only equates to a GDP of $12,400 per capita, whole this is one of the best GDP per capita figures
in Africa, it is relativity low when it is considered that Libya is an oil producing nation and it higher than ,many other nations in the African continent as
a result of the smaller population. There are a number of internal issues that would benefit from economic development at foreign direct investment; this includes an unemployment rate that is
estimated to be in the region of 30%, and a consumer inflation rate above the growth rate, with inflation in 2007 being 6.3% (CIA, 2008). With the relatively low level
of capital but a number of resources, mainly based in the energy sector, there is the potential for further economic development. With the social issues that accompany poverty, such as
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