This paper investigates the long-run relationship between financial depth, FDI, and economic growth in a sample of 5 FDI-receiving NACs over the period 1980-2018. Standard growth models are estimated using both fixed-effects and random-effects models. In addition panel unit root and panel,...

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...