TITLE:
The Impacts of Foreign Direct Investment Flows on the Economic Growth during the Pre-Covid-19 Era
AUTHORS:
Odette Tougem Tasinda, Ze Tian, Sunday Adiyoh Imanche, Bernard Boamah Bekoe, Fomukong Tasinda Raphael
KEYWORDS:
Foreign Direct Investment (FDI), Organization for Economic Co-Operation and Development (OECD), Pre-Covid-19 Era, World Bank, International Monetary Fund (IMF), Africa
JOURNAL NAME:
Open Journal of Social Sciences,
Vol.10 No.4,
April
12,
2022
ABSTRACT: This paper comprehensively discusses whether Foreign Direct Investment
and Capital Financing in developing countries are a blessing or a disadvantage.
The study shows the different effects of international investment in developing
countries. The various disadvantages brought by global investment were also examined
to determine their impact in developing countries. The method used was
compilation and analysis of credible, peer-reviewed sources. The result indicated
both positive and negative effects on international investment. However, it had
a more positive impact than a negative impact on the developing countries.