scholarly journals Growth Impact of Foreign Direct Investment in the COMESA Region: Does Infrastructure Development Matter?

2019 ◽  
Vol 11 (1) ◽  
pp. 1-11
Author(s):  
Peter Kitonyo ◽  
Musa Kathanje ◽  
Tabitha Kiriti-Ng�ang�a ◽  
Daniel Okado Abala
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Infrastructure Development

Effects of Infrastructure Development on Foreign Direct Investment in Kenya

2016 ◽  
Vol 8 (2) ◽  
pp. 93-110 ◽  
Author(s):  
Carol Teresa Wekesa ◽  
Nelson H. Wawire ◽  
George Kosimbei
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Time Series Data ◽  
Trade Openness ◽  
Transport Infrastructure ◽  
Series Data ◽  
Infrastructure Development ◽  
Fdi Inflows ◽  
Year 2000 ◽  
Quality Infrastructure

Kenya’s foreign direct investment (FDI) inflows as a percentage of GDP have been increasing negligibly over the last 4 years, increasing from 0.4 per cent in 2010 to 0.9 per cent in 2013. And yet evidence shows that quality infrastructure lowers the cost of doing business and thus attracts FDI. Kenya has visible signs of infrastructure inadequacy and inefficiencies despite the fact that since the year 2000, there has been increased budgetary allocation to the infrastructure sector. This study, therefore, sought to determine the effects of transport, energy, communication and water and waste infrastructure development on FDI inflows in Kenya. The study used annual time series data sourced from Central Bank of Kenya, World Bank and the United Nations Conference on Trade and Development (UNCTAD). Using multiple regression analysis, it was established that improved transport infrastructure, communication infrastructure, water and waste infrastructure, exchange rate, economic growth and trade openness are important determinants of FDI inflows into Kenya. Hence, for Kenya to attract more FDI, continued infrastructural development is key since quality infrastructure affords investors a conducive investment climate in which to operate.

Determinants of Foreign Direct Investment in Less Developed Countries: A Factor Analysis Approach

2005 ◽  
Vol 6 (1) ◽  
pp. 81-94
Author(s):  
Cranmer Rutihinda
Keyword(s):  
Factor Analysis ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Developed Countries ◽  
Less Developed Countries ◽  
Infrastructure Development ◽  
Economic Stability ◽  
Significant Relationships ◽  
Quality Infrastructure

Using factor analysis this study explores factors influencing the choice of foreign direct investment in less developed countries. Results show significant relationships between foreign direct investment and institutional quality, infrastructure development, market size, availability of natural resources, and quality of human capital. However, the study found no significant relationship between foreign direct investment inflows and economic stability.

Foreign Direct Investment in Land Acquisitions in India

2016 ◽  
pp. 76-95
Author(s):  
Falendra Kumar Sudan
Keyword(s):  
Foreign Direct Investment ◽  
Food Security ◽  
Direct Investment ◽  
Large Scale ◽  
Market Access ◽  
Public Consultation ◽  
Infrastructure Development ◽  
Policy Reforms ◽  
Land Acquisitions ◽  
Foreign Land

There has been large-scale Foreign Direct Investment (FDI) in land in India for promotion of Special Economic Zones (SEZs). The key drivers of land acquisitions are food security, the bio-fuels boom, growing business opportunities, and policy reforms. Increased foreign land investment may increase economic growth and raise government revenues and create new livelihood opportunities through new capital, technology, know-how, infrastructure, and better market access. At the same time, foreign land acquisitions may result in local people losing access to the resources. Therefore, there is a need for wider public consultation involving all stakeholders to ensure improved livelihoods and food security. The creation of robust institutions and social and environmental impact assessments of FDI in land acquisitions are called for to promote inclusive growth through more job creation, infrastructure development, public revenues, environmental protection, and to protect local food security, particularly in times of food crisis. This chapter explores FDI in land acquisition in India.

scholarly journals Short run causal relationship between foreign direct investment (FDI) and infrastructure development

2019 ◽  
Vol 17 (6) ◽  
pp. 1202-1221
Author(s):  
De-Graft Owusu-Manu ◽  
David John Edwards ◽  
A. Mohammed ◽  
Wellington Didibhuku Thwala ◽  
Tony Birch
Keyword(s):  
Foreign Direct Investment ◽  
Causal Relationship ◽  
Significant Relationship ◽  
Direct Investment ◽  
Negative Relationship ◽  
Estimation Method ◽  
Local Market ◽  
Infrastructure Development ◽  
Content Type ◽  
Short Run

Purpose Foreign direct investment (FDI) flows for infrastructure development have grown in volume to become more widely dispersed among home (outward investor) and host (recipient) countries. This paper aims to explore the short-run causal relationship between FDI and infrastructure development in the developing country of Ghana. Design/methodology/approach A two-stage least squares estimation method was adopted where FDI was endogenized, and all variables were in constant prices. Stationarity tests were performed on the annualized log difference of variables using augmented Dickey–Fuller test (ADF). Findings Results reveal a positive and significant relationship between FDI and infrastructure but a negative and significant relationship between FDI and GDP and FDI and openness. GDP growth also has a long-run negative relationship with FDI inflows. Originality/value The paper’s contribution to knowledge is two-fold. First, it examines the short run effect of FDI upon the Ghanaian economy and how market shocks to FDI and infrastructure development can be ameliorated. Second, it illustrates that government policymakers should prioritize development that requires FDI and ensure that the local market is not excessively open to foreign exploitation. Future work is required to further investigate international capital flow and its impact upon other developing nations.

Foreign Direct Investment in Land Acquisitions in India

2019 ◽  
pp. 1205-1226
Author(s):  
Falendra Kumar Sudan
Keyword(s):  
Foreign Direct Investment ◽  
Food Security ◽  
Direct Investment ◽  
Large Scale ◽  
Market Access ◽  
Public Consultation ◽  
Infrastructure Development ◽  
Policy Reforms ◽  
Land Acquisitions ◽  
Foreign Land

There has been large-scale Foreign Direct Investment (FDI) in land in India for promotion of Special Economic Zones (SEZs). The key drivers of land acquisitions are food security, the bio-fuels boom, growing business opportunities, and policy reforms. Increased foreign land investment may increase economic growth and raise government revenues and create new livelihood opportunities through new capital, technology, know-how, infrastructure, and better market access. At the same time, foreign land acquisitions may result in local people losing access to the resources. Therefore, there is a need for wider public consultation involving all stakeholders to ensure improved livelihoods and food security. The creation of robust institutions and social and environmental impact assessments of FDI in land acquisitions are called for to promote inclusive growth through more job creation, infrastructure development, public revenues, environmental protection, and to protect local food security, particularly in times of food crisis. This chapter explores FDI in land acquisition in India.

scholarly journals Growth and Infrastructure Development of Foreign Direct Investment in India

2018 ◽  
Vol 8 (3S) ◽  
pp. 280-284
Keyword(s):  
Human Capital ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Market Size ◽  
Infrastructure Development ◽  
Primary Reason ◽  
Infrastructural Development ◽  
Economic Framework ◽  
New Business ◽  
General Advancement

An outside direct venture (FDI) is an interest as an administering ownership in a business in single nation by a unit conventional in an alternate nation. Remote Direct speculation (FDI) is a most significant piece of an Indian Economic framework to build up the country. FDI plays an exceptional and developing job in worldwide business. The Foreign direct speculation viewed as the development, apparatus and hardware are the quick development and extension of the India. street and rail system is the essential piece of remote direct speculation and arrangements the market size, transportation, quality, political/financial solidness and unhindered commerce homes are the same old thing/venture atmosphere, Labor expenses and transparency. FDI assumes a fundamental job in the long haul advancement of a nation as a wellspring of capital as well as for improving appeal of the inward economy during exchange of innovation, combination framework, raising profitability and making new business openings. In India, FDI is estimated as a dynamic instrument, which aides in achieving independence in different subdivisions and in general advancement of the market. India has powerfully supported open interest in foundation as well as included private segment so as to give upgrade to the infrastructural development. Remote Direct Investment (FDI) is frequently observed as primary substances for monetary development in the creating nations like India. FDI contacts the monetary development by motivating residential venture, expanding human capital foundation and by help the innovation move in the assembly nations. The primary reason for this exploration study is to investigate the Growth and Infrastructure advancement of FDI on the financial development of India

scholarly journals The Impact of Deregulation and Liberalization in the Nigerian Air Transport Industry: An Overview

2011 ◽  
Vol 2 (1) ◽  
pp. 50-68
Author(s):  
Adeniyi Olufemi Oluwakoya
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Air Transport ◽  
Aviation Industry ◽  
Infrastructure Development ◽  
Air Transport Industry ◽  
Transport Industry ◽  
External Sources ◽  
And Control ◽  
The Impact

The effect of globalization is fast showing its attendant effects on the Nigerian aviation industry leading to an increase in passengers’ traffic movement in Nigeria’s airports. More importantly, there seems to be a paradigm shift which affects ownership and administration of operation in the Nigerian aviation industry. This study examines among others the impact of deregulation and liberalization in the Nigerian air transport industry; the effects of the latter on operation and control changes that affect operational efficiency in the airline business; and the impacts of liberalization on attracting foreign direct investment and foreign airline participation in the Nigerian aviation industry. The methodology used for this study is documentary research, which entails search of existing published and unpublished documents and databases of stakeholders in the Nigerian aviation industry and external sources with affinity to the sector. The results of this study reveal that an unprecedented growth has been recorded in Nigeria. It includes among others: healthy competition needed for growth and development; increased participation in the industry by foreign airlines; increased foreign direct investment in the airline business and airport infrastructure development.

scholarly journals The Causality between Foreign Direct Investment and Economic Growth in Botswana: A Multivariate Analysis

2019 ◽  
Vol 1 (1) ◽  
pp. 8
Author(s):  
Erasmus L Owusu
Keyword(s):  
Economic Growth ◽  
Foreign Direct Investment ◽  
Private Sector ◽  
Direct Investment ◽  
Trade Openness ◽  
Infrastructure Development ◽  
Investment Climate ◽  
Correction Model ◽  
Long Run ◽  
Domestic Savings

<p><em>The paper empirically investigates the short and long-run causal relationship between</em> <em>foreign direct investment, credit to the private sector, trade openness, gross national expenditure and economic growth in Botswana. In doing this, the paper employs multivariate Granger-Causality within an ARDL-bounds approach to co-integration and unrestricted error correction model (UECM). The paper finds that FDI inflow does not spur economic growth but rather, it is economic growth which promotes FDI inflow, credit to the private sector, trade and national expenditure. However, the paper finds</em> <em>a bi-directional relationship between FDI inflow and credit to the private sector both in the short and the long runs. Thus, policies should be targeted at improving the investment climate for existing domestic and foreign investors through infrastructure development and that external capital inflow should be complemented by domestic savings and investors on other to boost economic growth in Botswana.</em></p>

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