Impact of foreign aid and foreign direct investment on economic growth: evidence from Sub-Saharan African countries

The purpose of this study is to examine the impact of foreign aid and FDI on economic growth of Sub-Saharan African countries. The generalized method of moments is applied on 41 countries covering the period of 1998 to 2010. The results suggest that while foreign aid has negative effect on growth, t...

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Bibliographic Details
Main Authors: Mohamed, Masoud Rashid, Kaliappan, Shivee Ranjanee, Ismail, Normaz Wana, Wan Ngah, Wan Azman Saini
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2014
Online Access:http://psasir.upm.edu.my/id/eprint/37948/1/Impact%20of%20foreign%20aid%20and%20foreign%20direct%20investment%20on%20economic%20growth%20evidence%20from%20Sub-Saharan%20African%20countries.pdf