Shahbaz, Muhammad; leitão, Nuno Carlos; Malik, Summaira - In: Economics Bulletin 31 (2011) 4, pp. 2824-2838
The aim of present paper is to examine the role of financial development on FDI-Growth nexus using annual data over the period of 1975-2008. The results show that financial development is playing its role well but not satisfactory. This study will provide new guidelines for policy making...