Download or read book Impact of Foreign Direct Investment in Nigeria s Economic Growth written by Omotola Odukale and published by . This book was released on 2008 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book FDI and Economic Growth written by Adeolu B. Ayanwale and published by . This book was released on 2007 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Foreign Direct Investment A Panacea to National Economic Development in Nigeria written by Prince Eze Chidi Nwauba and published by GRIN Verlag. This book was released on 2020-08-20 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: Doctoral Thesis / Dissertation from the year 2016 in the subject Business economics - Investment and Finance, , course: Public Administration, language: English, abstract: The study examined foreign direct investment (FDI): a panacea to national economic development. The objectives set for the study are; to determine the causes of the Nigerian economic downturn, to ascertain the effects of foreign direct investment, to suggest measures that would be taken to accelerate the economic development of Nigeria. Primary and secondary data were used; the population of the study was 1200 from which the sample sizes of 400 were determined using Taro Yamani’s formula. The research instruments used were questionnaire and oral interview. The reliability of the research instruments was tested using Pearson Product moment correlation coefficient; the result gave a reliability index of 0.98 indicating a high degree of consistency. Chi-square and ANOVA approach were the statistical tools used. The findings from the study reveals that, decline in oil prices and revenue, increase government expenditure and decline in market indices are the challenges posed by economic downturn in Nigeria; consumption-based economy, poor savings, high credit culture and huge financial outflow are the causes of the economic crises in Nigeria; reduction in direct foreign investment and overseas development assistance are the effects of economic crisis to Nigeria and finally, diversification of the economy, robust regulatory policies and professional supervision to aid foreign direct investment in Nigeria. Based on the findings, the researcher made the following recommendation: Nigeria should adopt tough policy measures as effective strategies towards a comprehensive strengthening of the economy, government should ensure that policy recommendations are implemented in order to reposition the Nigerian economy against the impact of future economic downturn, government should create enabling environment to attract foreign investors in order to boost economic activities in the country. Finally, government needs to sincerely focus on developing/strengthening the economy and provide alternative sources of revenue on a sustained basis.

Download or read book Investigating The Effects of Foreign Direct Investments and Remittances On Economic Growth in Nigeria A Vector Autoregressive Approach written by Esther Oluwafunmilayo Adegbite and published by . This book was released on 2020-08-25 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: In an attempt to ensure greater participation in the global economy, developing countries have increasingly liberalized, privatized and deregulated their economies since the mid-1980s. More welcoming policies to attract foreign capital inflows have been a prominent component of this trend. In this study, an attempt is made to analyze the impact of foreign direct investment and remittances inflow on economic growth of Nigeria in a quest to find a reasonable answer to the question of whether FDI and remittances inflows constitute vital sources of economic growth to Nigeria. The study employed the Vector Autoregressive (VAR) approach. It was established that foreign direct investment has a positive but non-significant impact on Nigeria's economic growth. However, it is evident from the outcome of the study that the remittances inflow has a negative though non-significant impact on Nigeria economic growth. The policy implication of this study is that government should build an investment-friendly environment free of insecurity and corruption, reduce the cost of doing business and put in place the mechanism to attract more capital inflows to boost domestic production. By doing this, Foreign investors will have confidence in Nigeria economy and commit more funds in form of Foreign Direct Investment in Nigeria which will enhance domestic production. Remittances inflow can then be channeled to consumption of these domestic goods and services rather than on imported goods. This will increase aggregate demand and ultimately affect output and growth in Nigeria.

Download or read book Japanese Investment in the World Economy written by Roger Farrell and published by Edward Elgar Publishing. This book was released on 2008-01-01 with total page 473 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the title suggests, this is an ambitious book. Broad in scope and rich in detail, it examines the rise and fall of Japanese foreign direct investment (FDI) in nearly two dozen industries, from electronics and automobile manufacturing to real estate and construction services, in almost every region of the world over the past half century or more. The result is an encyclopedic volume (459 pages with index). . . useful for East Asian business scholars or those interested in the overseas activities of Japanese firms. Farrell has written. . . a sweeping survey of Japanese FDI. Walter Hatch, Journal of Japanese Studies Roger Farrell has written a weighty compendium on Japanese direct foreign investment. At over 450 pages it covers the full array of Japan s diverse industries and sectors, from fisheries and lumber to steel and automobiles, and in the service industries from banking to telecommunications. Apart from the breadth of coverage, this work is even more remarkable considering that Japanese multinationals and their overseas investments have been largely under the radar of social scientists of late, especially so since the ascent of China in the early years of the present decade. David W. Edgington, Growth and Change Enhanced with indexes, appendixes, and editorial opinions on the subject, Japanese Investment in the World Economy is a complete and comprehensive scholarly reference, ideal for college and community library economics collections. Midwest Book Review The Economics Shelf This book examines Japanese Foreign Direct Investment (FDI) in the world economy over more than five decades. It provides a unique focus on the internationalisation experience of selected industries, such as forestry, textiles, electronics, motor vehicles, steel and services as well as case studies of individual firms. Roger Farrell considers the theoretical explanations for Japanese FDI and particular motivations which have been an ongoing rationale for FDI, including: energy and resource security the theme of retaining market access the relocation of manufacturing to retain international competitiveness withdrawal after the bubble economy the new phase of investment in the 2000s. Japanese Investment in the World Economy is distinctive in that it examines overseas investment by firms in the primary, manufacturing and services sectors over the period in which the Japanese economy became the second largest in the world. The book provides a succinct overview of Japanese FDI of interest to professionals and students of business, economics, international relations, politics and Japanese culture.

Download or read book The Impact of Foreign Direct Investment on the Nigerian Economy written by Ugwuegbe Ugochukwu and published by . This book was released on 2016 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study investigates the empirical relationship between Foreign Direct Investment and economic growth in Nigeria. The work covered a period of 1981-2009 using an annual data from Central Bank of Nigeria statistical bulletin. A growth model via the Ordinary Least Square method was used to ascertain the relationship between FDI and economic growth in Nigeria. The study also added Gross Fixed Capital Formation with a view to capture the effect of domestic investment on the growth of the economy for the period under review. Interest Rate and exchange rate were also added as control variables in the model. Granger causality test was also employed to determine the direction of causality between FDI and economic growth in Nigeria. The result of the OLS techniques indicates that FDI has a positive and insignificant impact on the growth of Nigerian economy for the period under study. GFCF which was used as a proxy for domestic investment has a positive and significant impact on economic growth. Interest rate was found to be positive and insignificant while exchange rate positively and significantly affects the growth of Nigeria economy. Therefore, government should provide an enabling environment that will encourage foreign investors to invest in Nigeria economy by addressing the security challenges in the country, providing investment friendly environment by improved regulatory framework as well as encourage domestic investment.

Download or read book The impact of FDI and non oil exports on economic growth in Nigeria written by Timothy Aderemi and published by GRIN Verlag. This book was released on 2018-06-06 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: Scientific Study from the year 2018 in the subject Economics - International Economic Relations, , language: English, abstract: The controversy surrounding the impact of FDI and non-oil exports on economic growth and the dynamic interactions of these economic variables in Nigeria motivated this study. Empirical studies have found divergent views on the effect of FDI and non-oil exports on economic growth in the country. However, in achieving the objectives of this study, the author employed the dynamic OLS and VARS modeling to analyze the relationship between FDI, non-oil exports and economic growth in Nigeria during the period of 1980 to 2016. In testing for the time series properties, the evidence from estimated economic models suggests that all the variables examined are stationary at first difference I(Is) using the Augmented Dickey- Fuller (ADF) and Phillips-Perron. Also, Johansen Co integration test reveals that the variables are co integrated which confirms the existence of long-run equilibrium relationship among the variables. The study reveals that the impact of FDI on the economic growth was significant and as a unit increase in FDI impacted positively by 64% on the productive capacity of goods and services in Nigeria during the period. Meanwhile, reverse is the case for non-oil exports. In addition, the interactions among FDI, nonoil exports and economic growth appear very weak and do not follow a predictable pattern in Nigeria: that foreign direct investment should lead to improvement in non-oil exports and eventually expand the frontier of economic growth. This suggests that there are some structural rigidities in the economy that are preventing the impact of non-oil exports from being fully felt by the economy, particularly through economic growth channel. This further reinforces the presence of some institutional factors that create inherent problems in the economy that could frustrate any valid and sincere investment policies formulated by the government. Therefore, the study recommends that the policy makers need to create friendly economic policies and business environment that will boost further attraction of FDI into all sectors of the economy and the economy must be diversified as well towards non-oil sector in order to ensure maximum contributions from this sector to economic growth of Nigeria in the nearest future.

Download or read book The Impact of Foreign Direct Investment on Economic Growth in Nigeria written by Henry Onyemaechi Akwari and published by LAP Lambert Academic Publishing. This book was released on 2011-08 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nigeria has the potential to become Sub-Saharan Africa's largest economy because of its rich human and natural resources. These vast natural resources qualify Nigeria to be a major recipient of foreign direct Investment. Foreign Direct Investment in turn is believed to be an engine of economic development in that it brings about the transfer of technology, managerial skills, international production, access to markets, etc. A number of studies have been conducted on the Impact of Foreign Direct Investment on Economic Growth, with most of those studies focusing on cross-country studies. Yet, results about the relationship between foreign direct investment and economic growth come with varying outcomes. This Bachelor's thesis focused exclusively on Nigeria with a view to analysing the role foreign direct investment has played on economic growth in Nigeria since independence. This thesis concludes by making important recommendations that are particularly useful to investors who want to invest in Nigeria; academicians interested in studies of FDI-growth linkage; and to policymakers to adopt some measures to further strengthen and improve investment environment in Nigeria.

Download or read book Foreign Direct Investment for Development Maximising benefits minimising costs written by OECD and published by OECD Publishing. This book was released on 2002-09-24 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a comprehensive review of the issues related to the impact of FDI on development as well as to the policies needed to maximise the benefits.

Download or read book Foreign Direct Investment and Economic Development in Africa written by Hugh Dang and published by Cambridge Scholars Publishing. This book was released on 2019-01-17 with total page 489 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores several aspects of foreign direct investment (FDI) and their linkages to African economies. It will appeal to policy makers, development agency professionals and researchers, based as it is on stylized facts and rigorous analytical studies. The reader will find state-of-the-art analyses on FDI-related topics throughout the chapters. Policy makers and development professionals will find in this book a useful guide to draw sound policies based on facts and rigorous analyses.

Download or read book Impact of Foreign Direct Investment on Economic Growth in Nigeria written by Abdulkadir H. Modibbo and published by . This book was released on 2008 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Impacts of Foreign Direct Investments on Nigeria s Economic Growth 2017 2021 written by Said Murtala and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most African countries struggle to attract foreign direct investment (FDI) and Nigeria Particularly is part of this countries. This research empirically examined the Impact of foreign direct investment on macroeconomic variables (exchange rate, and inflation rate) in Nigeria and the period analysis covered 5 years (2017-2021). The study employed is the Generalized Autoregressive Conditional Heteroscedasticity (GARCH) model. The econometric analysis started with pre-diagnostic and this is a first condition for estimating GARCH. Augmented Dickey-Fuller (ADF) unit root test was used to study and test properties of the time series variables. The result at this revealed that the variables: foreign direct investment, exchange rate and inflation rate were first difference I(I) or stationary at either level I (0). The GARCH model discovered that foreign direct investment (FDI) has positive Impact on exchange rate while the inflation rate has negative Impact. Based on this, the study recommended the delivery of suitable policy framework that will be conducive for doing business in Nigeria, to attract the inflow of FDI necessary to stimulate growth Macroeconomic variables.

Download or read book How Does Foreign Direct Investment Affect Economic Growth written by Mr.Eduardo Borensztein and published by International Monetary Fund. This book was released on 1994-09-01 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: We test the effect of foreign direct investment (FDI) on economic growth in a cross-country regression framework, utilizing data on FDI flows from industrial countries to 69 developing countries over the last two decades. Our results suggest that FDI is an important vehicle for the transfer of technology, contributing relatively more to growth than domestic investment. However, the higher productivity of FDI holds only when the host country has a minimum threshold stock of human capital. In addition, FDI has the effect of increasing total investment in the economy more than one for one, which suggests the predominance of complementarity effects with domestic firms.

Download or read book Exchange Rate and Foreign Direct Investment FDI written by Alobari Collins and published by . This book was released on 2016 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research reports have shown that foreign direct investment impacts on the growth and economic development of especially the developing countries like Nigeria. But the discourse issue lies in the type of impact - negative or positive. In the bid to find the impacts of FDI on the nation's economic growth, researchers have reviewed many factors that influence FDI flow and therefore proffered solutions based on their findings. This research in literature review found that the relationship between exchange rate and FDI has been mostly ignored. And Nigeria being a developing economy in need of constant inflow of FDI is attracting little and having problem in retaining the ones attracted. Therefore the study investigates the impact of FDI on GDP, influence of exchange rate on FDI using a descriptive analysis of secondary data on exchange rate and FDI from the CBN Statistics data base. The findings of the study agrees with some other research report that Nigeria have so far attracted little of FDI and have lost much of the few it has attracted, yet there are good developmental resources to be desired which comes with FDI. The study also found a relationship between FDI, Exchange rate and Economic Growth in Nigeria and thus made recommendations for the domestic firms, government and other stakeholders.

Download or read book The Impact of Foreign Direct Investment written by Matthew Babatope Ogunniyi and published by LAP Lambert Academic Publishing. This book was released on 2018-07-09 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic growth remains a necessary ingredient for poverty reduction. Recent studies suggested that growth tends to lift the incomes of the poor proportionately with overall growth. Investment is known to be the engine of sustainable growth and due to the huge gap that exist between the required rate of investment and the existing rate of savings in LDCs, thus FDI is a vehicle to generate growth and an important ingredient to poverty reduction.

Download or read book Analysis of the Impact of Foreign Direct Investment and Domestic Investment on Economic Growth in Nigeria written by Israel Odubola and published by . This book was released on 2017 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economists have recognized inflows of investment as one of the ways to accelerate the pace of growth in emerging economies like Nigeria. This is largely due to the benefits a country stands to gain from inflows of investment. To this end, the study examined the impact of foreign direct investment and domestic investment on economic growth in Nigeria between 1985 and 2015. A model was developed to capture the effect of foreign direct investment, domestic investment, exchange rate and inflation rate on economic growth within the sampled period. Secondary data on these variables were sourced from the CBN Statistical Bulletin and Economic Watch Publications. The model was estimated using the Ordinary Least Square technique via the multivariate regression analysis. Results revealed that foreign direct investment has not contributed significantly to economic growth in Nigeria. Furthermore, it was equally discovered that domestic investment adversely affected growth within the period. The study therefore suggested that particularly vital for investment is macroeconomic stability and consistent policies. A good macroeconomic record includes high growth, a single-digit inflation rate, low rate of interest and relative stability in the real exchange rate. It is also important to have consistent and stable policies in order to engender confidence in economic agents and assure investors that government policies are credible and predictable.

Download or read book Effects of Foreign Direct Investment FDI on Economic Growth in Nigeria written by Chinweobo Umeora and published by . This book was released on 2013 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foreign Direct Investment (FDI) has been held to provide developing nations including Nigeria with much needed capital for economic growth. Part of the Foreign Direct Investment is the inflow of up to date technology and management skill. This paper investigates the effect of FDI on selected macro economic variables of GDP, inflation and Exchange Rate. It used Ordinary Least Squares (OLS) to examine the relationship between the Dependent variable (FDI) and the independent variables -Inflation and Exchange Rate. The study indicates that GDP, inflation and Exchange Rate are affected to the extent of 46.5% by FDI. FDI does not make the GDP to grow, increases inflation and has negative effect on exchange rate.Although the study contradicts a priori expectations and popular economic theory of capital, the inflow of FDI into the country is essential. The government should encourage it and pay attention as to its application.