Sep 2026· World Journal of Finance and Investment Research· pp. 16· 1 citation
Abstract
Financial development is one of the most important economic variables that attracts foreign
direct investments (FDI) especially in emerging economies. This study examines the impact of
financial development on foreign direct investment in emerging markets for the period 2003 to
2023. The study focused on ten emerging economies which includes India, Brazil, South Korea,
Indonesia, Mexico, Saudi Arabia, Turkey, China, Taiwan and Poland. Panel datasets were
collected from World Bank database and analyzed using descriptive analysis, correlation
analysis, Heteroskedasticity test, Multicollinearity test, Normality test, Hausman test as well
as the panel fixed and random effect techniques. The findings of the study revealed that
financial development significantly enhances FDI inflows in emerging markets. The study
recommends among others that there should be policy reforms aimed at strengthening financial
institutions, enhancing credit accessibility, and developing financial markets, which will attract
foreign direct investment and promote economic growth of emerging markets.
This study examines the impact of Foreign Direct Investment (FDI) on the economic development of BRICS countries (Brazil, Russia, India, China, and South Africa) from 2004 to 2023. FDI plays a pivotal role in capital formation, technological advancement, and employment generation, but its impact varies across these nat...
M. Pandyanayak· International Journal of Adv...· 0 citations
The effect of financial development on foreign direct investment (FDI) in transitional markets is the focus of this paper. An investigation was conducted to contribute to the literature, which is currently mixed, conflicting, divergent, and far from concurring as far as empirical research findings are concerned. The no...
Kunofiwa Tsaurai· Asian Economic and Financial...· 0 citations
This study, which utilized the Panel ARDL model on data from 12 MENA countries spanning the period 1990–2021, intends to examine the effects of financial market evolution on flows of foreign direct investment (FDI). The results confirmed a strong, long-term equilibrium between the variables. In the long term, financial...
Anes Meskini, Boulenouar Ilias Zakaria Mennad, Elias Hafid et al.· Studies and Scientific Resea...· 0 citations
This study investigates the impact of economic freedom on foreign direct investment inflows in 17 developing countries over the period 1996–2024. The analysis also incorporates export diversification and economic growth to capture structural and macroeconomic dimensions influencing investment dynamics. Using panel data...
M. Abutalipov, D. Satybaldiyeva, A. Joldassov et al.· Bulletin of Toraighyrov Univ...· 0 citations
Nigeria is one of the major recipients of foreign direct investment in Africa and indeed one of the top three leading African countries that consistently received FDI in the past decades due to its natural resource’s endowment. However, despite Nigeria’s significant inflow of FDI over the years, its impact on economic...
Yerima Ishaya Jabil, Waindu Pascal Apagu, Slemem Lamba· International Journal of Man...· 0 citations
In this study, the impact of financial integration on Nigeria's economic development from 1991 and 2021 was examined. In this study, the dependent variable was real gross domestic product, while the independent variables were trade openness, financial deepening, foreign remittances, foreign direct investment inflow, an...
V. C. Obaro, Kelvin Obaro Ohwojero· International journal of res...· 0 citations
We use cookies to run the site and, with your consent, for analytics and to show ads.
See our Cookie Policy.
