Globalization Threats to and Opportunities for Foreign Direct Investment Lessons for Uganda and Other Low Income Countries

"Virtually all countries are competitively pursuing globalization as one of the major strategies for attracting Foreign Direct Investment (FDI). However, the Low Income Countries such as Uganda attract a lot less FDI inflows than the Middle and High Income Countries. This variance in the FDI attainable by the various country-groupings is apparently due to the observation that globalization levels and processes lead to inequalities related to especially businesses, trade, aid and financial capital flows over time among the Low, Middle and High Income Countries. This study investigates the relationship between the levels of economic, social and political globalization and FDI to identify globalization threats to and/or opportunities for enhancing FDI inflows as lessons to benefit Low Income Countries such as Uganda."