This paper analyzes the causal relationships between exports, FDI and economic growth among the ASEAN5 countries. We have used a three-stage procedure based on unit root, co-integration and causality tests applied to the panel data from 1981 to 2013. The results reveal that there is a...

The purpose of this study is to examine the impact of Outward Foreign Direct Investment (OFDI) on economic growth. Two econometric approaches are applied: cross-country regression for the sample of the selected ASEAN countries and a time series approach for China. Both approaches suggest that...

The study covers several aspects of FDI in the country, ranging from FDI patterns and FDIdrivers to FDI relations, growth and exports, taking into account several factors such as theformation of raw equities, macroeconomic stability, institutional capital and human capital.In recent years, the...

The study covers several aspects of FDI in the country, ranging from FDI patterns and FDIdrivers to FDI relations, growth and exports, taking into account several factors such as theformation of raw equities, macroeconomic stability, institutional capital and human capital.In recent years, the...

Every economy wishes to achieve the highest sustainable growth. Growth of a country is backed by availability of required resources. Money is one of the major sources that lead to development. India being a developing economy needs a lot of finance for its development. Due to low level of...

This study examines the impact of exchange rate stability on the economic growth of South Africa from 2000 to 2023, a period characterised by significant political and economic changes. Exchange rate stability is critical for developing countries, affecting key macroeconomic variables such as...

The countries of Central and Southeastern Europe (CSEE) are significant net recipients of remittances, primarily due to the intensive emigration trends that occurred after they transitioned to market economies. The fact that these countries are among the highest recipients of private remittances...

This study investigates the role of India's economy in explaining the observed growth in South Asia, taking into consideration other sources of growth endogenous to the countries in the region. Since a review of key variables indicates that India's bilateral trade and financial linkages with...

China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...

Theoretical models of growth reveal that either exogenous or endogenous, technology is the main driving force behind the long-run economic growth. Furthermore, in the endogenous growth framework, diffusion of technology is the basic mechanism of per capita income convergence among countries....