Economic development in Sub-Saharan Africa has been lagging behind. At the time of independence, a number of Sub-Saharan countries had relatively favourable development prospects and income levels comparable with those in Southeast Asian countries. Yet, many Southeast Asian countries today have...

Economic development in Sub-Saharan Africa has been lagging behind. At the time of independence, a number of Sub-Saharan countries had relatively favourable development prospects and income levels comparable with those in Southeast Asian countries. Yet, many Southeast Asian countries today have...

Economic development in Sub-Saharan Africa has been lagging behind. At the time of independence, a number of Sub-Saharan countries had relatively favourable development prospects and income levels comparable with those in Southeast Asian countries. Yet, many Southeast Asian countries today have...

This study relates foreign direct investment (FDI) to economic growth, institutional quality and manufacturing value added, using panel data techniques that allow for parameter heterogeneity and non-stationarity. The results confirm that economic growth, institutional quality, and natural...