Business, Management and Accounting
4 years ago

Foreign investment fuels Singapore's economic growth, driving national prosperity forward.

Economics bulletin
Foreign direct investment inflows and economic growth in Singapore : an empirical approach
Ha-Chi Le, Thai‐Ha Le

Paper Summary

The article examines how foreign investment affects Singapore's economy. By analyzing data from 1970 to 2018, the researchers found that foreign investment and exports are key factors for long-term economic growth in Singapore. This suggests that attracting foreign investment is crucial for the country's economic development.

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