Foreign Direct Investment in Nigeria - 751 Words

Reference: Agarwal, J.P. (1980) Determinants of Foreign Direct Investment: A Survey, Weltwirtschaftliches Archiv, 116, pp. 739-773 Akinlo, A.E. 2004. Foreign direct investment and growth in Nigeria: An empirical investigation. Journal of Policy Modelling, 26: 627-39. Aliber, Robert Z. The Multinational Enterprise in a Multiple Currency World. In The Multinational Enterprise, ed. John H. Dunning. London: Allen Unwin, 1971. Aluko, S.A. (1961). Financing economic development in Nigeria. The Nigerian Journal of Economic and Social Studies, 3(1): 39-67. Bengos, M. and B. Sanchez-Robles. (2003). Foreign direct investment, economic freedom and growth: New evidence from Latin America. European Journal of Political Economy, 19(3):†¦show more content†¦Washington, DC: International Monetary Fund, March 1991. Loots, E. (000) Foreign direct investment flows to African countries: Trends, determinants and future prospects. 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It is a part of a wider modernization process, where social change and economic development are closely related withRead MoreThe Impact of Foreign Direct Investment on Nigeria Economic Growth9940 Words   |  40 PagesCHAPTER ONE INTRODUCTION 1.1 Background of the Study Industrialization has not only changed the way the world do business but also changed the world itself. Fortunately, Nigeria is one of the countries that did not escape its impact. Industrialization is the process of social and economic change that transforms a human group from a pre-industrial society into an industrial one. It is a part of a wider modernization process, where social change and economic development are closely related withRead MoreAN EMPIRICAL ANALYSIS OF ENVIRONMENTAL IMPACT OF FOREIGN DIRECT INVESTMENT IN THE MINING SECTOR IN NIGERIA15805 Words   |  64 Pagesï » ¿ABSTRACT This study attempted to estimate the environmental impact of Foreign Direct Investment in the mining sector in Nigeria. It is argued that only those countries that have reached a certain income level can absorb new technologies and benefit from technology diffusion, and thus reap the extra advantages that FDI can offer. The mining industry in Nigeria is dominated by oil. Indeed, Nigeria is the largest producer of this commodity in Africa and sixth largest producers in the world. This researchRead MoreThe Euro-zone Crisis Essay1432 Words   |  6 Pagespast decade the world has witnessed a collapse of the world financial system, the Euro-zone crisis, an imploding Middle East, conflicts in Ukraine and natural disasters that have rocked global stock markets and investor confidence. Global Foreign Direct Investment (FDI) fell by 18 per cent to $1.3 trillion in 2012. This decline was in sharp contrast to other key economic indicators like GDP and unemployment registered positive growth at the global level (United Nations, 2013). 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Basically, the capital market accelerates growth by providing ,relatively long term capital - debt and equity finance – for government and corporateRead MoreThe Impact of Tax Revenue on Economic Growth1418 Words   |  6 Pagesorder to raise revenue for the funding of economic activities. Nkoro and worlu, 2012 defined Tax as a fee charged or levied by a government on a product, income, or activity. If it is levied directly on personal or corporate income, it is called a direct tax. If it is levied on the price of a good or service, then it is called an indirect tax. The main reason for taxation is to finance government expenditure and to redistribute wealth which translates to fi nancing development of the country (MusgraveRead MoreEffects Of Foreign Direct Investment On Economic Growth1211 Words   |  5 PagesSchmeiser International Trade 17th October, 2015 Effects of Foreign Direct Investment on Economic Growth in Ghana Abstract It has been widely believed that Foreign Direct Investment (FDI) assists developing countries with the much-needed capital for economic growth. Part of the foreign direct investment is the inflow of up to date technology and management skills. In this paper, I will investigate to what extent foreign direct investment inflows into Ghana affects the nation s Economic Growth andRead MoreAdvantages And Disadvantages Of Foreign Direct Investment Essay1810 Words   |  8 PagesEvaluate the advantages and disadvantages of Foreign Direct Investment with particular reference to any one low-income country of your choice. Foreign Direct investment is an increasingly important outlet for resource transfers between industrial and developing nations. According to the world bank, FDI is a form of investment occurring when a business enterprise operates, has control or obtains a substantial degree of influence on the management of an enterprise in another country (generally 10%