corruption from the level of Nigeria to that of South Africa has the same positive effect on FDI as increasing the share of fuels …Data from several investor surveys suggest that macroeconomic instability, investment restrictions, corruption and … political instability have a negative impact on foreign direct investment (FDI) to Africa. However, the relationship between FDI …

corruption from the level of Nigeria to that of South Africa has the same positive effect on FDI as increasing the share of fuels …Data from several investor surveys suggest that macroeconomic instability, investment restrictions, corruption and … political instability have a negative impact on foreign direct investment (FDI) to Africa. However, the relationship between FDI …

stability in fighting corruption and boosting corruption-control in 53 African countries for the period 1996-2010. We postulate … corruption-control. On the other hand, in the absence such impunity from corruption, political instability further fuels … corruption. Our findings validate both hypotheses. Hence, contrary to a stream of the literature, we establish causal evidence of …