The Effect of Foreign Direct Investment on Economic Growth in African Countries: Investments from China versus Investments from the Western World
The purpose of this thesis is to investigate if there is a difference in the effect of foreign direct investment (FDI) on economic growth depending on whether the FDI comes from China or the Western world. This study investigates the effect of FDI on economic growth in 44 African countries from 2003 to 2017, based on panel data. According to growth theory, an increase in investments leads to an in