Analysing the Joint Impact of Economic Policy Uncertainty and Growth Opportunities on Corporate Investments in Developed and Developing Economies
Journal: Southern African Business Review
Year: 2025

Background: Economic policy uncertainty (EPU) arises from unanticipated changes in economic policies. The changes could affect important trading, financial, regulatory, and monetary policies. Several factors contribute to EPU, such as abrupt adjustments to monetary policy, unstable foreign currency markets, poor GDP growth, elevated prices, and various local and international events. EPU adversely influences national productivity, firm investment, employment creation, consumer spending, and the