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Title: :  FDI – ECONOMIC GROWTH DYNAMICS IN ZIMBABWE
PaperId: :  13253
Published in:   International Journal Of Advance Research And Innovative Ideas In Education
Publisher:   IJARIIE
e-ISSN:   2395-4396
Volume/Issue:    Volume 6 Issue 6 2020
DUI:    16.0415/IJARIIE-13253
Licence: :   IJARIIE is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Author NameAuthor Institute
Mr. Thabani NYONIUniversity of Zimbabwe, Harare, Zimbabwe
Mr. Elvis NYAMUKASAUniversity of Zimbabwe, Harare, Zimbabwe
Mr. Takudzwa. C. MARADZEMidlands State University, Harare, Zimbabwe

Abstract

Economics
Economic Growth, FDI, Zimbabwe
The FDI – economic growth nexus is indeed one of the most interesting relationships in economic literature. The main purpose of the study was to examine whether FDI causes economic growth or vice versa. This is an interesting analysis because there is no consensus on the nature of the relationship between these variables. The study used time series data covering the period 1980 to 2014 and employed the Granger causality tests in order to verify the direction of causality. The study established that there is no causal relationship between FDI and economic growth in Zimbabwe. Based on these findings, the Zimbabwean government should target other factors other than FDI that enhance economic growth. There is also a need to look at other variables affecting FDI other than GDP so as to reduce unemployment through the inflows of FDI. To increase FDI inflows there is a need to encourage joint ventures to ensure that FDI stays in the country for longer in particular industries such as agriculture, mining and tourism. There is a need to also revise the investment legislation in the country.

Citations

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IJARIIE Mr. Thabani NYONI, Mr. Elvis NYAMUKASA, and Mr. Takudzwa. C. MARADZE. "FDI – ECONOMIC GROWTH DYNAMICS IN ZIMBABWE" International Journal Of Advance Research And Innovative Ideas In Education Volume 6 Issue 6 2020 Page 1248-1259
MLA Mr. Thabani NYONI, Mr. Elvis NYAMUKASA, and Mr. Takudzwa. C. MARADZE. "FDI – ECONOMIC GROWTH DYNAMICS IN ZIMBABWE." International Journal Of Advance Research And Innovative Ideas In Education 6.6(2020) : 1248-1259.
APA Mr. Thabani NYONI, Mr. Elvis NYAMUKASA, & Mr. Takudzwa. C. MARADZE. (2020). FDI – ECONOMIC GROWTH DYNAMICS IN ZIMBABWE. International Journal Of Advance Research And Innovative Ideas In Education, 6(6), 1248-1259.
Chicago Mr. Thabani NYONI, Mr. Elvis NYAMUKASA, and Mr. Takudzwa. C. MARADZE. "FDI – ECONOMIC GROWTH DYNAMICS IN ZIMBABWE." International Journal Of Advance Research And Innovative Ideas In Education 6, no. 6 (2020) : 1248-1259.
Oxford Mr. Thabani NYONI, Mr. Elvis NYAMUKASA, and Mr. Takudzwa. C. MARADZE. 'FDI – ECONOMIC GROWTH DYNAMICS IN ZIMBABWE', International Journal Of Advance Research And Innovative Ideas In Education, vol. 6, no. 6, 2020, p. 1248-1259. Available from IJARIIE, https://ijariie.com/AdminUploadPdf/FDI_–_ECONOMIC_GROWTH_DYNAMICS_IN_ZIMBABWE_ijariie13253.pdf (Accessed : ).
Harvard Mr. Thabani NYONI, Mr. Elvis NYAMUKASA, and Mr. Takudzwa. C. MARADZE. (2020) 'FDI – ECONOMIC GROWTH DYNAMICS IN ZIMBABWE', International Journal Of Advance Research And Innovative Ideas In Education, 6(6), pp. 1248-1259IJARIIE [Online]. Available at: https://ijariie.com/AdminUploadPdf/FDI_–_ECONOMIC_GROWTH_DYNAMICS_IN_ZIMBABWE_ijariie13253.pdf (Accessed : )
IEEE Mr. Thabani NYONI, Mr. Elvis NYAMUKASA, and Mr. Takudzwa. C. MARADZE, "FDI – ECONOMIC GROWTH DYNAMICS IN ZIMBABWE," International Journal Of Advance Research And Innovative Ideas In Education, vol. 6, no. 6, pp. 1248-1259, Nov-Dec 2020. [Online]. Available: https://ijariie.com/AdminUploadPdf/FDI_–_ECONOMIC_GROWTH_DYNAMICS_IN_ZIMBABWE_ijariie13253.pdf [Accessed : ].
Turabian Mr. Thabani NYONI, Mr. Elvis NYAMUKASA, and Mr. Takudzwa. C. MARADZE. "FDI – ECONOMIC GROWTH DYNAMICS IN ZIMBABWE." International Journal Of Advance Research And Innovative Ideas In Education [Online]. volume 6 number 6 ().
Vancouver Mr. Thabani NYONI, Mr. Elvis NYAMUKASA, and Mr. Takudzwa. C. MARADZE. FDI – ECONOMIC GROWTH DYNAMICS IN ZIMBABWE. International Journal Of Advance Research And Innovative Ideas In Education [Internet]. 2020 [Cited : ]; 6(6) : 1248-1259. Available from: https://ijariie.com/AdminUploadPdf/FDI_–_ECONOMIC_GROWTH_DYNAMICS_IN_ZIMBABWE_ijariie13253.pdf
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