control
EMPIRICAL ANALYSIS OF MACROECONOMIC INSTABILITY AND FOREIGN DIRECT INVESTMENT INFLOW IN NIGERIA
ABSTRACT
Most economic rationale for granting special incentives for attracting Foreign Direct Investment (FDI) is based on the belief that FDI bridges the ‘idea gaps’ between rich and the poor nations in addition to the generation of technological transfers and spillovers. This study seeks to carry out an empirical investigation of the impact of macroeconomic instability on FDI inflow in Nigeria covering the period 1970 to 2013. The linear regression analysis was applied and it was revealed that macroeconomic instability has negative and significant impact on FDI inflow in Nigeria for the period under analysis. The result also shows that there exists a long-run relationship between FDI and macroeconomic instability variables in Nigeria. it is therefore the recommendation of this paper that the Central Bank of Nigeria (CBN) should cooperate with the fiscal branch of the economy to ensure that macroeconomic stability is ensured through the application of fiscal and monetary tools.
This Research Project Material is posted with good intentions. if you own it, and believe that your right is infringed or violated, Please send us a mail – admin@freeresearchproject.com.ng and actions will be taken immediately. Thank you.
Talk to us
Please call 08111770269 or +2348059541956 to place an order or use the whatsapp button below to chat us up.
The Blazingprojects Mobile App
Download and install the Blazingprojects Mobile App from Google Play to enjoy over 50,000 project topics and materials from 73 departments, completely offline (no internet needed) with the project topics updated Monthly, click here to install.
- Contains 50,000 project topics.
- With complete project materials.
- Contains 73 departments.
- Completely offline, No internet needed.
- Updated Monthly with new project topics & departments.
- Easy to navigate and search projects.
- Easily shareable via Xender, Bluetooth, etc.
- Easy project support from inside the App.
- Universities, Polytechnics & Colleges of Education.
Recent Comments