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The Influence of Macro-Economic Factors on Foreign Direct Investment Flows in Kenya for the Period 2002-2013

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dc.contributor.author Otieno, George
dc.contributor.author Njuguna, Amos G.
dc.date.accessioned 2016-12-08T08:36:53Z
dc.date.available 2016-12-08T08:36:53Z
dc.date.issued 2016
dc.identifier.issn 2224-607X (Paper) ISSN 2225-0565 (Online)
dc.identifier.uri
dc.identifier.uri http://erepo.usiu.ac.ke/11732/3046
dc.description A Journal article by Dr. Amos Njuguna, the Associate Dean, Chandaria School of business at USIU-Africa en_US
dc.description.abstract Foreign Direct Investments (FDI) are imperative for the long-term economic development of global economies as they result to capital creation, technology transfer, competition enhancement and employment creation. Consequently, macroeconomic outcomes resulting from the monetary and fiscal policiesare postulated to influence the FDI. This paper investigates the effect of inflation, real interest rate, real exchange rate, and development expenditure on FDI flows in Kenya between 2002 and 2013 using a regression model and correlation analysis.We find a positive relationship between development expenditure and FDI and a negative relationship between the real interest rate, inflation, and the real exchange rate on FDI. The implications of these findings are that policy makers should focus on controlling inflation and interest rates and maintaining stable exchange rates to enhance FDI flows. en_US
dc.publisher Developing Country Studies en_US
dc.relation.ispartofseries ;Vol.6, No.8, 2016
dc.subject Foreign Direct en_US
dc.subject Macro-Economic Factors en_US
dc.subject Investment Flows in Kenya en_US
dc.subject Period Of 2002-2013 en_US
dc.title The Influence of Macro-Economic Factors on Foreign Direct Investment Flows in Kenya for the Period 2002-2013 en_US
dc.type Article en_US


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