This paper re-examines the relationship between FDI inflows and welfare (or poverty reduction) in Africa. Using FDI net inflows per capita and the UNDP's HDI as the principal variables, our analyses confirm the positive and strongly significant relationship between FDI net inflows and poverty...

International aid effectiveness has recently been significantly questioned in the development literature with regard to the large amount of aid received by developing countries to finance development projects and the mixed results achieved. However, assessment of development projects is not an...

This paper examines the relationship between FDI inflows and welfare improvement in North African countries. Using net per capita FDI inflows and the UNDP's HDI as the principal variables, our analyses confirm the positive and strongly significant relationship between net FDI inflows and welfare...

The literature on the relationship between foreign direct investment (FDI), financial market development (FMD) and economic growth focuses mainly on two aspects: the relationship between FDI and economic growth, and the role played by FMD in that linkage. The literature is almost silent on the...

The literature on the relationship between foreign direct investment (FDI), financial market development (FMD) and economic growth focuses mainly on two aspects: the relationship between FDI and economic growth and the role played by FMD in that linkage. The literature is almost silent on the...