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...

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...

This paper studies the causal relationship between foreign direct investment (FDI) and financial market development (FMD) using panel data from emerging markets. Most studies of the relationship between FDI and FMD have focused on the role of FMD in the link between FDI and economic growth, with...

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...