1. CHAPTER ONE
INTRODUCTION
1.1 Background of the Study
Investment is the most crucial economic activity of sustainable
economic development of the country to improve the life standard
society sustainable, saving or capital accumulation from investment
activity is very essentials (Hordfort, 2005).
In less developed countries like Ethiopia shortage of capital
accumulation for inevitable fund is the root cause for backwardness of
the country’
s economic development In our country, there is large
amount of idle resource still which not mobilized in to investment
activity due to in efficient utilization of resource which results allocate
there in come for investment activity out of their consumption
(F.Aming, 1994).
During the military regime the governments is close the door of
investment opportunities to private sectors however we look closely at
this controversy are find that the disagreement is not much about the
influence of multinational corporation on traditional different
investment Jobs during the empirical regime. This country rapidly to
more poverty (Kurer, 1996)
