Business, Management and Accounting
3 years ago

Financial growth in Next-11 countries linked to foreign investment influx

Management
The relationship between foreign direct investment, financial development and growth economic in Next-11 Countries: a PMG/ARDL estimation
Bilal Louail, Mohamed Salah Zouita

Paper Summary

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The study looked at how foreign investment, economic growth, and financial development are connected in Next-11 countries. They used data from 1985 to 2019 and found that economic growth and financial development affect foreign investment in the long term, but not in the short term. This research helps decision-makers understand how these factors interact in these countries.