Title: The Impact of Investment on Nigeria Economy 1970 – 2012
Abstract: Empirically investigation relationship between foreign investment and economic growth in Nigeria between 1970 to 2012 was set up. The paper makes the proposition that there is endogeniety, that there is bidirectional relationship between foreign investment and Economic growth are jointly determined in Nigeria and there is positive feedback from foreign investment and economic growth. The overall policy implication of the result is that policies that attract more foreign investment to the economy, greater openness and increased private participation will need to be pursued and reinforced to ensure that the economy capture greater spillovers from foreign investment and attains higher economic growth rates, based on this the study recommended the provision of adequate infrastructure and policy framework that will be conducive for doing business in Nigeria, so as to attract the inflow of foreign investment to stimulate growth.
Publication Year: 2015
Publication Date: 2015-01-01
Language: en
Type: dataset
Indexed In: ['datacite']
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