Economics, Econometrics and Finance
8 years ago

Nigeria's Trade and FDI Boost Economic Growth Despite Political Instability.

Journal of Economics Library
Causal Link between Trade, Political Instability, FDI and Economic Growth – Nigeria Evidence
Luqman Afolabi, Nor Aznin Abu Bakar

Paper Summary

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The article explores the relationship between foreign investment, trade, political stability, and economic growth in Nigeria from 1981 to 2012. The researchers found that foreign investment has a two-way connection with economic growth, while political instability affects foreign investment and economic growth. Additionally, there is a one-way relationship between foreign investment and trade volume during the study period.