The impact of foreign direct investment on economic growth in Zimbabwe from (1980-2020)
- Author
- CHORWIRA EMMANUEL
- Title
- The impact of foreign direct investment on economic growth in Zimbabwe from (1980-2020)
- Abstract
- This research examines the link between foreign investment (FDI) and economic expansion in Zimbabwe between 1980 and 2020. While some theories propose a positive effect of FDI on development, existing studies show mixed results. Some highlight benefits for both the host country and the investor's home nation, but potential downsides also exist. This study analyzes the impact of FDI on Zimbabwe's economic growth using data from 1980 to 2020. The analysis employs a statistical technique called Ordinary Least Squares (OLS) regression on time-series data, utilizing E Views 7 software. The model investigates how FDI, government spending, and employment levels influence economic growth, measured by Gross Domestic Product (GDP). The results show that all three factors significantly affect economic development. This suggests that FDI plays an important role in supporting Zimbabwe's economic growth path. To achieve long-term economic expansion, effective strategies are needed to create a business environment that attracts investment.
- Date
- JUNE 2024
- Publisher
- BUSE
- Keywords
- foreign direct investment
- economic growth
- Supervisor
- Dr. Damiyano.
- Item sets
- Department of Economics
- Media
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CHORWIRA EMMANUEL
Part of The impact of foreign direct investment on economic growth in Zimbabwe from (1980-2020)