Impact of foreign aid and foreign direct investment on economic growth: evidence from Sub-Saharan African countries

The purpose of this study is to examine the impact of foreign aid and FDI on economic growth of Sub-Saharan African countries. The generalized method of moments is applied on 41 countries covering the period of 1998 to 2010. The results suggest that while foreign aid has negative effect on growth,...

Full description

Bibliographic Details
Main Authors:	Masoud Rashid Mohamed, Shivee Ranjanee Kaliappan, Normaz Wana Ismail, Azman-Saini, W. N. W
Format:	Article
Language:	English
Published:	Penerbit Universiti Kebangsaan Malaysia 2014
Online Access:	http://journalarticle.ukm.my/8405/ http://journalarticle.ukm.my/8405/ http://journalarticle.ukm.my/8405/1/jeko_48%281%29-6.pdf

id	ukm-8405
recordtype	eprints
spelling	ukm-84052016-12-14T06:47:08Z http://journalarticle.ukm.my/8405/ Impact of foreign aid and foreign direct investment on economic growth: evidence from Sub-Saharan African countries Masoud Rashid Mohamed, Shivee Ranjanee Kaliappan, Normaz Wana Ismail, Azman-Saini, W. N. W The purpose of this study is to examine the impact of foreign aid and FDI on economic growth of Sub-Saharan African countries. The generalized method of moments is applied on 41 countries covering the period of 1998 to 2010. The results suggest that while foreign aid has negative effect on growth, the impact of FDI is positive but statistically insignificant. Furthermore, we found evidence that foreign aid from different bilateral donors may have different effects on economic growth. Penerbit Universiti Kebangsaan Malaysia 2014 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/8405/1/jeko_48%281%29-6.pdf Masoud Rashid Mohamed, and Shivee Ranjanee Kaliappan, and Normaz Wana Ismail, and Azman-Saini, W. N. W (2014) Impact of foreign aid and foreign direct investment on economic growth: evidence from Sub-Saharan African countries. Jurnal Ekonomi Malaysia, 48 (1). pp. 63-73. ISSN 0127-1962 http://www.ukm.my/fep/jem/index.html
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Kebangasaan Malaysia
building	UKM Institutional Repository
collection	Online Access
language	English
description	The purpose of this study is to examine the impact of foreign aid and FDI on economic growth of Sub-Saharan African countries. The generalized method of moments is applied on 41 countries covering the period of 1998 to 2010. The results suggest that while foreign aid has negative effect on growth, the impact of FDI is positive but statistically insignificant. Furthermore, we found evidence that foreign aid from different bilateral donors may have different effects on economic growth.
format	Article
author	Masoud Rashid Mohamed, Shivee Ranjanee Kaliappan, Normaz Wana Ismail, Azman-Saini, W. N. W
spellingShingle	Masoud Rashid Mohamed, Shivee Ranjanee Kaliappan, Normaz Wana Ismail, Azman-Saini, W. N. W Impact of foreign aid and foreign direct investment on economic growth: evidence from Sub-Saharan African countries
author_facet	Masoud Rashid Mohamed, Shivee Ranjanee Kaliappan, Normaz Wana Ismail, Azman-Saini, W. N. W
author_sort	Masoud Rashid Mohamed,
title	Impact of foreign aid and foreign direct investment on economic growth: evidence from Sub-Saharan African countries
title_short	Impact of foreign aid and foreign direct investment on economic growth: evidence from Sub-Saharan African countries
title_full	Impact of foreign aid and foreign direct investment on economic growth: evidence from Sub-Saharan African countries
title_fullStr	Impact of foreign aid and foreign direct investment on economic growth: evidence from Sub-Saharan African countries
title_full_unstemmed	Impact of foreign aid and foreign direct investment on economic growth: evidence from Sub-Saharan African countries
title_sort	impact of foreign aid and foreign direct investment on economic growth: evidence from sub-saharan african countries
publisher	Penerbit Universiti Kebangsaan Malaysia
publishDate	2014
url	http://journalarticle.ukm.my/8405/ http://journalarticle.ukm.my/8405/ http://journalarticle.ukm.my/8405/1/jeko_48%281%29-6.pdf
first_indexed	2023-09-18T19:52:17Z
last_indexed	2023-09-18T19:52:17Z
_version_	1777406299360722944

Impact of foreign aid and foreign direct investment on economic growth: evidence from Sub-Saharan African countries

Similar Items