This paper seeks to understand whether increased foreign direct investment (FDI) can help low income nations to diversify their export bases. Numerous governments in low income nations have sought to attract FDI with an aim of diversifying their export bases while many large multilateral...

Recent studies have highlighted the importance of export diversification (export variety) in facilitating developing countries’ structural change and economic development. This study aims at investigating whether outward foreign direct investment (OFDI) can promote export diversification in...