Browsing by Author "Samuel, Mulenga"

Now showing 1 - 1 of 1
  • No Thumbnail Available
    Item
    The Determinants of Foreign Direct Investment in Zambia
    (A.A.U, 1997-06) Samuel, Mulenga; Gerard, Kambou (Dr
    This study tests the determinants of foreign direct Investment (FDI) in zambia and its effects on the trade balance. The results suggest that natural resource endowment, foreign debt overhang, domestic credit availability, the size of domestic market, and risk and uncertainty in the investment environment are the most important macroeconomic determinants of fDI in zambia. Furthermore, the resuits indicate that FDI promotes exports and is import substituting in Zambia. Thus, attracting more inflows of FDI would favovrably impact on Zambia's trade balance and the overall balance of payments.