Foreign direct investment (FDI) as a driver of growth is important in today´s globalized economy. It is extremely difficult for economies to grow sustainably without economic interactions outside their borders. However, there has been a debate on the impact of FDI inflow on economic expansion....

Global demarcations exist between development aid and foreign direct investment. Rigorous statistical analysis that contrasts the relative homogeneous and heterogeneous influences of time-series panel data allows regions in the developing world to define themselves endogenously. The results...

Using a panel data set covering 139 countries over the 1970-2009 period, we empirically investigate the role of foreign direct investment on growth through diffusion of technology and innovation. Using an otherwise standard growth regression and regressions on productivity growth, we introduce a...

This inquiry was inspired by the quest to examine the interaction effects of economic globalization and governance on the performance of the Nigerian economy from 1996 to 2021. The study employed the modern Autoregressive Distributed Lag Model (ARDL) approach to analyze the annual time-series...

This book examines the two fundamental arguments that are often raised against globalization: that it produces inequality and that it increases poverty. Here Guillermo De la Hesa, Chairman of the Centre for Economic Policy Research (CEPR) and a member of the Group of Thirty, and a leading figure...

This study examined the nexus between globalization and economic growth in European countries from 1990 to 2018 with the application of ARDL and Bounds test. Data was collected from the United Nations Conference on Trade and Development and World Development Indicator, respectively. The major...

Using panel data, this paper explores the effects of openness to international trade and foreign direct investment (FDI) on economic growth. Fixed-effect and adjusted fixed effect (regional-effect) estimations yield results consistent with the hypothesis of conditional convergence. FDI has a...

Over the last three decades the global economy has expanded in a remarkable fashion. While nominal world GDP has increased four times, world bilateral trade flows have grown more than six-fold, and the stock of foreign direct investment (FDI) has grown by roughly 20 times since 1980. The sources...

This paper discusses past and current social policy strategies in the international aid architecture. From the 1990s, aid strategy and policy shifted to put a stronger emphasis on human development. This accelerated with the Millennium Development Goals and will continue under the Sustainable...

The attraction of Foreign Direct Investment (FDI) is arguably of particular importance to countries' foreign policy, where competing factors determine the choice of location of these investors. IFRS adoption, being one of the cardinal frameworks that portray the quality of a countries...