GLOBAL FINANCIAL CRISES AND CAPITAL FLOWS
ABSTRACT The impact of foreign capital inflows on the economic growth of sub-Saharan Africa, with emphasis on West African Monetary Zone, WAMZ member countries was studied using panel Data Regression Models and Hausman Test. Outcomes of the study revealed that there is positive and significant relationship between capital flows and the level of economic growth in West African Monetary Zone. Foreign direct investment (FDI) as capital flows variable has inverse ...
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