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Economic and Financial Review

Authors

P. D. Golit

Publisher

Central Bank of Nigeria, Research Department

Keywords

Foreign Direct Investment, Natural Resources, Economic Development

Abstract

The paper analyzed the role of Foreign Direct Investment (FDI) and discussed the part played by natural resources in economic growth. Some of the issues regarding FDI in developing countries were considered, particularly, two issues highlighted in recent discussions and research. The first was whether and through which channels FDI affects economic growth. The second was the impact on economic growth of the exploitation of natural resources, normally developed by foreign investors. The policy implications regarding the treatment of FDI in developing countries were examined.

Publication Title

CBN Economic and Financial Review (EFR)

Issue

1

Volume

42

Recommended Citation

Golit, P. D. (2004). The role of foreign direct investment and natural resources in economic development by Jose De Gregorio: a review. Economic and Financial Review, 42(1), 90-95.

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