Capital Account Openness, Institutional Quality and European FDI: Empirical Evidence From North Africa
This paper analyzes the role of capital account openness and institutional quality in attracting European foreign direct investment (FDI) to North Africa over the period 2009–2023. Relying on a panel of five countries and instrumental‐variable estimations using the two‐stage least squares (2SLS‐IV) method, the study...