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 …

resource-rich countries, the decision of host governments to expropriate these investments, and the level of corruption. Higher … production. Moreover, resource production leads to high levels of corruption. Our theoretical results are confirmed by … estimations of a simultaneous equation model for 50 resource-rich countries in which we endogenize expropriation risk, corruption …

. For this purpose, the effects of natural resources rents, corruption index, total external debt stocks, and exchange rate … resource abundance has a positive and statistically significant effect on capital flight. In addition, increasing corruption …

investment (FDI) inflows in Africa and capital flight from the continent over the past decades. It specifically explores two …