Role of foreign direct investment in economic growth of developing  countries

Lobar Durdiboeva

Vol. 2 No. 4 (2024), Articles

Vol. 2 No. 4 (2024)

Role of foreign direct investment in economic growth of developing countries

Articles

Published 2024-04-08

Lobar Durdiboeva⁺⁻

Lobar Durdiboeva

The Banking and Finance Academy Republic of Uzbekistan MBA GENERAL Student

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Keywords

Economic growth, Foreign direct investment, Business Enviroment, Gross Domestic Product

How to Cite

Lobar Durdiboeva. (2024). Role of foreign direct investment in economic growth of developing countries. Journal of Science-Innovative Research in Uzbekistan, 2(4), 98–113. Retrieved from https://universalpublishings.com/index.php/jsiru/article/view/5104

Abstract

According to theory, foreign direct investment plays a significant role as a stimulant for industrial growth and helps with capital accumulation and technical advancement. We examine how foreign direct investment affects economic growth within the framework of an endogenous model which is an assumption that economic growth due to internal factors such improvements in innovation, knowledge to increased productivity, positively affecting the economic outlook. We test the claim that higher economic development nations benefit more from FDI inflows

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