2013
DOI: 10.1016/j.ribaf.2012.11.001
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Exploring the causality links between financial markets and foreign direct investment in Africa

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Cited by 100 publications
(103 citation statements)
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“…foreign aid and foreign direct investment). The conclusion of the authors is broadly consistent with African business literature which agrees that the need for alternative sources of finance (after failed privatisation projects) is one of the most important business challenges (see Bartels et al, 2009;Darley, 2012;Rolfe & Woodward, 2004;Tuomi, 2011;Agbloyor et al, 2013).…”
Section: Introductionsupporting
confidence: 85%
“…foreign aid and foreign direct investment). The conclusion of the authors is broadly consistent with African business literature which agrees that the need for alternative sources of finance (after failed privatisation projects) is one of the most important business challenges (see Bartels et al, 2009;Darley, 2012;Rolfe & Woodward, 2004;Tuomi, 2011;Agbloyor et al, 2013).…”
Section: Introductionsupporting
confidence: 85%
“…He found a positive relationship between FPI and economic growth. These results were corroborated by Agbloyor and al. (2013)…”
Section: On Foreign Portfolio Investments'effectssupporting
confidence: 87%
“…According to some experts, the financial meltdown has exposed the shortcomings of liberalisation economic strategies (Kose et al, 2006;Goldberg & Veitch, 2010;Agbloyor et al, 2013;Asongu, 2014;Kose et al, 2011). In essence, emerging economies that experienced considerable inflows of capital during the past decades have been confronted with the challenging task of managing any consequential external shocks, which may be exacerbated by financial liberalisation, when those financial flows contract.…”
Section: Introductionmentioning
confidence: 99%