Linkage between Foreign Direct Investment, Domestic Investment and Economic Growth: Evidence from Nigeria
Foreign direct investment (FDI) in the words of Rutherford (1992) spurs economic growth in less developed countries; which is in alignment with the modernization theory. However, the dependency theorist contends that dependence on foreign investment is expected to affect growth and income distribut...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
EconJournals
2017-06-01
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| Series: | International Journal of Economics and Financial Issues |
| Online Access: | https://www.econjournals.com/index.php/ijefi/article/view/4510 |