TITLE:
FDI (Foreign Direct Investments) as Correlate of Rwanda Economic Development
AUTHORS:
Umutoni Flora, Ze Tian, Joseph Obiora Ezezue
KEYWORDS:
FDI, Economic Growth, Market Share, Importation, Exchange Rate
JOURNAL NAME:
Open Journal of Business and Management,
Vol.8 No.2,
March
20,
2020
ABSTRACT: This study examines the foreign direct investment as correlation to the
economic development of Rwanda. The research was influenced by three
investigation questions while using the time series approach. The secondary
data used was collected from the stock exchange of Rwanda. The data was then
analyzed using simple linear regression and Pearson products moment correlation
with the application of SPSS, 23 (Statistical packages for social sciences).
The findings showed that there’s a critical relationship between the exchange
rate and direct foreign investment in Rwanda. The study concludes that direct
foreign investment poses a considerable effect on the market share and
importation of Rwanda. The study suggests that the government of Rwanda needs to
develop a more friendly business environment and economic policies that will virtually
attract FDI into every economic sector of the country.