Day: July 10, 2021

Foreign Direct Investment (FDI) is widely regarded as one of the engines for social economic growth, employment, skills and technology transfers. More specifically, Mallampally & Sauvent (1999) highlight that FDI can make a considerable contribution to the economic progress of developing countries. A large number of developing countries lack significant domestic savings in order to achieve their internal investment goals, therefore FDI appears to provide a means for this requirement.