Neo-Liberal Policy and Foreign Direct Investment in Africa

Yassaman Saadatmand; Jeremy Choquette

Neo-Liberal Policy and Foreign Direct Investment in Africa

Yassaman Saadatmand, Jeremy Choquette

Economics

Armstrong Atlantic State University

Research output: Contribution to journal › Article › peer-review

Abstract

This paper analyzes the effects of Neo-liberal policy on FDI in Africa. It uses Freedom Index scores provided by the Heritage Foundation and the Wall Street Journal as a proxy for implementation of Neo-liberal policy. Using a panel-data regression from 1998to 2009, we find that the only Freedom Index measurement that has a statistically significant and positive effect on FDI in Africa was the absence of corruption, suggesting that Neo- liberal policy has had little significance in the FDI-decision making process in the region.

Original language	American English
Journal	International Journal of Business and Social Science
Volume	3
State	Published - Sep 1 2012

Disciplines

Business
Economics

Keywords

Africa
Direct investment
Foreign
Neo-liberal policy

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

Access to Document

http://ijbssnet.com/journals/Vol_3_No_17_September_2012/1.pdf

Cite this

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title = "Neo-Liberal Policy and Foreign Direct Investment in Africa",

abstract = " This paper analyzes the effects of Neo-liberal policy on FDI in Africa. It uses Freedom Index scores provided by the Heritage Foundation and the Wall Street Journal as a proxy for implementation of Neo-liberal policy. Using a panel-data regression from 1998to 2009, we find that the only Freedom Index measurement that has a statistically significant and positive effect on FDI in Africa was the absence of corruption, suggesting that Neo- liberal policy has had little significance in the FDI-decision making process in the region.",

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AB - This paper analyzes the effects of Neo-liberal policy on FDI in Africa. It uses Freedom Index scores provided by the Heritage Foundation and the Wall Street Journal as a proxy for implementation of Neo-liberal policy. Using a panel-data regression from 1998to 2009, we find that the only Freedom Index measurement that has a statistically significant and positive effect on FDI in Africa was the absence of corruption, suggesting that Neo- liberal policy has had little significance in the FDI-decision making process in the region.

KW - Africa

KW - Direct investment

KW - Foreign

KW - Neo-liberal policy

UR - https://digitalcommons.georgiasouthern.edu/economics-facpubs/41

UR - http://ijbssnet.com/journals/Vol_3_No_17_September_2012/1.pdf

M3 - Article

VL - 3

JO - International Journal of Business and Social Science

JF - International Journal of Business and Social Science

ER -

Neo-Liberal Policy and Foreign Direct Investment in Africa

Abstract

Disciplines

Keywords

UN SDGs

Access to Document

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Cite this