THE DETERMINANT OF FOREIGN DIRECT INVESTMENT IN NIGERIA
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF STUDY Growth in neoclassical theory is brought about by increase in the quantity of factors of production in the efficiency of their allocation. In a simple world of two variables, labour and capital, it is often presumed that low income countries have abundant labour but lees capital. This situation of domestic savings in these countries places constraints on capital formation and hence growth. Even ...
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