Impact of Inward Foreign Direct Investment in Developing Countries: A case study of Nigeria

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Table of Contents

CHAPTER 1: INTRODUCTION3

1.1Purpose of the Study3

1.2Background of the Study3

1.3Problem Statement4

1.4Objectives of the Study4

1.5Significance of the Study5

1.6Rationale of the Study5

1.7Research Questions5

CHAPTER 2: LITERATURE REVIEW7

2.1Analysis of Determinants7

2.2Theoretical Approach of Foreign Direct Investment7

CHAPTER 3: METHODOLOGY8

3.1Introduction8

3.2Methodological Approach8

3.3Research Approach8

3.4Research design9

3.5Data Collection9

3.6Scope of the study9

3.7Ethical Considerations9

CHAPTER 4: ANALYSIS11

4.1Data Analysis11

4.2Regression Analysis11

CHAPTER 5: CONCLUSION12

REFERENCES13

CHAPTER 1: INTRODUCTION

Purpose of the Study

Our research aims to study the impact of inward Foreign Direct Investment on the economic growth of Nigeria. If we analyse the economic statistics of Nigeria, we can easily determine that growth and activity has been quite low. In our study, we would attempt to determine the existing relationship between the economic growth and the Foreign Direct Investments. Our analysis would focus on Nigeria which has made some remarkable progress in the past few years by attracting major Foreign Direct Investments from different parts of the world.

We would also highlight the determinants believed to attract foreign direct investment in the country. So far in our research, the major determinants that have played a role in attracting Foreign Direct Investments are stable macro-economic conditions, market size and development of infrastructure.

Background of the Study

Our study would analyse the different models of economic growth applied in countries. All major goods and services i.e. the aggregate output of the country is measured by the country's gross domestic product (GDP) (Adelgan, 2000, pp. 25). In other words, we can imply that GDP is a measure of the market value of final goods and services produced within an economy in a fiscal year.

Problem Statement

Many researchers have studied the impact on Foreign Direct Investment (FDI) of countries. In our study, we would attempt to study the inward FDI and its effects on the economic growth in developing countries. Countries are faced with different economic issues and encounter different geographic hurdles (Aitkens et. al , 2007, pp. 103).

Objectives of the Study

Our study has been planned while keeping different aims and objectives in mind. The prime aim of the study is to study the relationship between the inward Foreign Direct Investment and the economic growth in of the country. Also, we intend to analyse the impacts of FDI in general on the economic development of countries. Our study will look into the important factors of the inward Foreign Direct Investment that affects the economic growth in the developing countries like Nigeria. Other than this, the study would also look highlight the factors as to how the developing countries can attract the foreign direct investment in their respective region.

The objectives of the study are:

To highlight the various factors that affects the economic growth of developing countries.

How developing countries can increase their foreign direct investment.

By analysing the results of previous studies, we would seek to find a viable connection between the economic growth and FDI of a developing country.

A regression analysis would be conducted to study the impact of inward Foreign Direct Investment and the economic growth of ...