Over recent periods, especially in the last two decades, Africa has recorded growth and received inflows of both direct and indirect forms of foreign investment. This is due to ongoing globalisation and to the redistribution or allocation of capital and wealth among nations with the idea of competing on a global scale. Many countries, particularly sub-Saharan African countries, have seen this trend as part and parcel of their long term development plan and growth agenda ever since China became a development partner for most of these countries. In this paper, the Investment Development Path (IDP) theory introduced by Dunning in 1981 is used to examine the basis of the Chinese Investment model. The author sheds light on Chinese investment in Ghana after 2008 and the performance of these investments. In order to examine the possible positive impacts and prospects of foreign direct investment in Sub-Saharan African countries, the author considers the significant role of Asian investment, especially that of the People's Republic of China and its strategic dominance of investment on the continent. The last section of the article briefly examines the specifics of Chinese investment in Ghana. Finally, the author presents a summary and some policy recommendations.

The promotion, desire and need for renewable energy generation and transmission to electric grids to provide clean, non-carbon-based power has increased in recent years with more focus on climate change mitigation in both the public and private sectors. Renewable Energy Certificates, also known as “RECs” are the established public policy mechanism for incentivizing, verifying, tracking and supporting renewable energy. REC markets are created and managed by state governments to allow selling, purchasing and trading of these “green commodities'' to substantiate environmental attribute claims. A new legislation in Massachusetts requires all stakeholders, businesses and sectors to reduce emissions, which means electric utilities, both public and private, must participate in REC markets to green their power supply portfolios that they provide to consumers. This paper explores and analyzes the role of REC markets, monetary policy, trends, stakeholders, participants, and the current public policy debates in this area. A specific public policy making case is explored for this research, the Municipal Light Plant in Shrewsbury, MA, utilizing RECs to achieve a 100% non-carbon power supply or “net-zero” emissions. A financial analysis based on REC market research and debate is conducted to inform a rules-based and judgement-based fiscal Power Supply Policy and Greenhouse Gas Emissions Standard for SELCO (Shrewsbury Electric and Cable Operations), a public electricity utility.

Every developmental and economic agenda must seek to attract FDI. Both developed and emerging economies put in place various institutional, legal frameworks and other mechanisms to implement and execute investment agendas. This paper discusses Ghana's situation by examining various programmes the country's government has implemented and institutions that have been established to foster inward investment. Institutions like the Ghana Investment Promotion Centre (GIPC), the Gateway Programme and other reforms within institutions are also presented. The article concludes with a brief overview of the current investment trends in Ghana, the relevance of FDI and the importance of policy direction to protect sensitive sectors of the Ghanaian economy.