The causal relationship between foreign direct investment and economic growth in Namibia
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Date
2022-11-08
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Namibia University of Science and Technology
Abstract
Most developing countries lack the resources needed for investment to improve their economic situations, create jobs, and achieve long term economic growth and development. Foreign direct investment (FDI) can easily transfer capital from capital abundant regions to countries with a scarcity of capital. This is one of the strategies used to address the capital scarcity problem faced by most developing countries.
Description
Prof Tafirenyika Sunde, Department of Accounting, Economics and Finance, NUST; Extraordinary
Professor in Trade and Development, North-West University, South Africa
Keywords
Namibia, developing countries, investment, economic growth, development, foreign direct investment, capital scarcity
Citation
Sunde, T. (2022, November 8-10). The causal relationship between foreign direct investment and economic growth in Namibia [Conference session]. 2022 NUST Institutional Research Week, Windhoek, Namibia.