For the employment equation, unidirectional causality runs from FDI in the service and manufacturing sectors to employment rate.doi:10.1111/1467-8268.12039John Nkwoma InekweAfrican Development BankAfrican Development ReviewJohn Nkwoma Inekwe, 2013. " FDI, Employment and Economic Growth in Nigeria ," ...
The current liberal policies adopted by the government in Nigeria since 1986 provided a stronger bilateral ties which continue to spring up between Nigeria and other participating trading partners, hence trade and foreign direct investment continue to increase noticeably on oil and gas sector. Nigeria ...
Given the role of trade as a growth enhancing policy variable, most economists and policymakers have over the years believed that free trade is better than no trade as the former is critical to the reduction of poverty and inflation, and boosting of employment, education and health status (see...
(2) increase in FDI has direct creation effect on employment,while destroying effect on employment of other firms;(3) exports of FDI firms have strong relations to the economic growth of both world and China,while weak to FDI;(4) FDI has obvious spill-over effects on technological progress ...
employment reveal that the region is enhancing industrialisation (Abreha et al.2021). Further, the SSA region experienced a 148% increase in jobs in the manufacturing sector between 1990 and 2018 (Abreha et al.2021). Third, despite the low institutional development in SSA, Oduola et al. (...
Migrant remittances are critical for economic growth because the inflows spent on consumption create positive multiplier effects as the purchase of locally-produced goods stimulates more local production and employment. Furthermore, remittances that are invested in raw materials, plants and machinery, etc...
In Benoit’s (1973) analysis there, has been positive relationship between military spending and economic growth. On the other defense sector has enormous prospectus like creating employment opportunities, export weapons to foreign economies. Therefore, defense expenditure works as positive catalyst to ...
in shaping a country’s comparative advantage is greater than ever. This has lead to fears that “dirty” indus- tries will relocate to developing regions where environmental regulations may be less stringent. A number of reasons have been offered to explain why, despite anecdotal evidence and ...
This funding is particularly important in low-income and fragile countries, where World Bank and International Labour Organization data shows that agriculture and services account for as much as 60% of output and 75% of employment. These sectors tend to be dominated by micro, small and medium-si...
economy. Steady capital inflows will guarantee employment creation for millions of job seekers in the local market and an increased tax base for the fiscus. Zimbabwe badly needs cutting edge technology and innovation in the manufacturing sector to compete with its regional peers on economic ...