The Impact of Foreign Direct Investment on Environmental Development and Food Security in Ghana

Seminar paper from the year 2024 in the subject Economics - International Economic Relations, grade: A, , language: English, abstract: This research paper examines the two-faced role of FDI in Ghana's economy, environment, and food security. The research also explores the benefits of FDI in technology, infrastructure development and employment opportunities, especially in agriculture and renewable energy. However, it also looks at the negative impacts, including pollution of the environment, loss of forests, soil degradation, and social injustice, especially on farming communities reaping from small-scale farming. The study finds that FDI makes Ghana more competitive internationally, but in the long run, it causes pollution and food insecurity through the displacement of smallholder farmers. This study calls for more demonstration of commitment in formulating sound policies and regulation frameworks on sustainable development in Ghana to counter the adverse effects of FDI. In this way, the country will be able to fully utilize foreign investment while at the same time conserving its environment and feeding its people. The paper provides important suggestions for policymakers and stakeholders to refer to while developing future economic and environmental policies.