Foreign Direct Investment and Economic Growth in Maghreb Countries, Does Financial Development Mat-ter?
DOI:
https://doi.org/10.54172/m4wsz937Keywords:
Foreign Investment, Financial Development, Economic Growth, , The Maghreb Countries, FGLSAbstract
The aim of this study was to investigate the nature of relationship among foreign investment, financial development and economic growth in the Maghreb countries. In order to achieve its objective, the study used annual data for 4 Maghreb countries which are Libya, Algeria, Tunisia and Morocco. Furthermore, it adopted FGLS method. The main findings of the study indicated a positive impact of both foreign investment and financial development on economic growth in the Maghreb countries. In addition, positive changes in financial development was found positively affect the relationship between foreign investment and economic growth
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Copyright (c) 2025 Hussen Faraj Alhwij , Ismail Abdul Majeed Al-Muhaishi (Author)
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