Unravelling the Relationship between Governance Indicators and Foreign Direct Investment in Tanzania: An Empirical Analysis
Journal: PAN-AFRICAN JOURNAL OF BUSINESS MANAGEMENT
Year: 2023

Foreign Direct investment (FDI) is recognized as a significant source of capital inflows that can stimulate economic growth in developing countries. In order to attract and benefit from FDI, governments have implemented various economic reforms and focused on improving governance indicators. This study investigated the causality effect of governance indicators on FDI inflows in Tanzania. The governance indicators examined in this study include; rule of law, regulatory quality, government effecti