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This book consists of three empirical research papers on FDI inflow and economic growth and the role the host country natural resources abundance and institutional quality play in altering the FDI-growth relationship.The first paper investigates the FDI-growth nexus and the impact of natural resource abundance in the host country on the FDI-growth nexus. For a large dataset of 117 countries for the period 1991-2016, the system GMM estimation method is applied to investigate the impact of FDI inflow on economic growth and the role of the natural resource sector on the FDI-growth relationship....

The increased economic globalization has resulted in multinational enterprises (MNE's) making huge investments in the shape of foreign direct investment (FDI). The inflow of such FDI is perceived to be generating employment opportunities in the host country economy. Therefore, different countries have been offering different incentives in order to attract these multinational firms to do business in the country. United States state of Alabama provided incentive to attract new Mercedes plant in 1994 and spent US$150,000 per each job created in the process (Keller and Yeaple, 2004). The Czech...