- Title
- Determinants of Foreign Direct Investments into the Southern African Development Community Region: The case of financial sector development, institutional quality and financial openness
- Creator
- Makalima, Sisonke
- Subject
- Investments, Foreign -- Africa
- Subject
- International finance
- Subject
- Monetary policy
- Date Issued
- 2022-03
- Date
- 2022-03
- Type
- Master's theses
- Type
- text
- Identifier
- http://hdl.handle.net/10353/21954
- Identifier
- vital:51855
- Description
- The SADC region is a 15-member states grouping. Countries in the region have experienced low growth coupled with high levels of poverty and inequality. Attracting FDI to the region has been top priority. However, much is still to be realised. The study employed the Generalised Method of Moments (GMM) technique for the period 1980 to 2019. Empirical results show that financial sector development and financial openness are important determinants of foreign direct investment (FDI) inflows. The results also showed that institutional quality is also a very important variable in determining the inflow of FDI, even though its effect is conditional on financial sector development and financial openness. These results imply that countries with good institutional framework, as well as a developed financial sector and are financially open tend to attract more capital inflows in the form of FDI, thereby creating adequate conditions to boost private sector and investment abroad. Countries in the SADC region should therefore pursue policies which are aimed at improving the institutional framework, the level of financial sector development and further enhance the openness of their financial openness.
- Description
- Thesis (MCom,) -- Faculty of Management and Commerce, 2022
- Format
- computer
- Format
- online resource
- Format
- application/pdf
- Format
- 1 online resource (90 leaves)
- Format
- Publisher
- University of Fort Hare
- Publisher
- Faculty of Management and Commerce
- Language
- English
- Rights
- University of Fort Hare
- Rights
- All Rights Reserved
- Rights
- Open Access
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| Thumbnail | File | Description | Size | Format | |||
|---|---|---|---|---|---|---|---|
| View Details Download | SOURCE1 | Makalima_200705689_Economics.pdf | 1 MB | Adobe Acrobat PDF | View Details Download |