Interactive impact of armed conflicts on foreign direct investments in Africa

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Periodical article

Title:	Interactive impact of armed conflicts on foreign direct investments in Africa
Authors:	Ezeoha, Abel Ebeh Okereke Ugwu, John
Year:	2015
Periodical:	African Development Review (ISSN 1467-8268)
Volume:	27
Issue:	4
Pages:	456-468
Language:	English
Geographic term:	Africa
Subjects:	foreign investments conflict
External link:	https://doi.org/10.1111/1467-8268.12161
Abstract:	This study examines the interactive impact of armed con?icts on FDI?ows into Africa. A dataset involving 41 African countries and a dynamic system GMM model were adopted. The?ndings show that con?ict has a signi?cant negative effect on FDI, and that infrastructural development signi?cantly moderates the impact of con?icts. The study also reveals that the impact of con?ict is higher for natural resource-rich countries than for non-resource-rich countries, and that the impact is both regionally and seasonally sensitive. The?ndings suggest that rebuilding con?ict-induced infrastructure can play a signi?cant role in attracting FDI even in con?ict-prone countries of Africa. Bibliogr., sum. [Journal abstract]