FDI (Foreign Direct Investments) as Correlate of Rwanda Economic Development

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DOI: 10.4236/ojbm.2020.82048    865 Downloads   3,400 Views  Citations

ABSTRACT

This study examines the foreign direct investment as correlation to the economic development of Rwanda. The research was influenced by three investigation questions while using the time series approach. The secondary data used was collected from the stock exchange of Rwanda. The data was then analyzed using simple linear regression and Pearson products moment correlation with the application of SPSS, 23 (Statistical packages for social sciences). The findings showed that there’s a critical relationship between the exchange rate and direct foreign investment in Rwanda. The study concludes that direct foreign investment poses a considerable effect on the market share and importation of Rwanda. The study suggests that the government of Rwanda needs to develop a more friendly business environment and economic policies that will virtually attract FDI into every economic sector of the country.

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Flora, U. , Tian, Z. and Ezezue, J. (2020) FDI (Foreign Direct Investments) as Correlate of Rwanda Economic Development. Open Journal of Business and Management, 8, 783-795. doi: 10.4236/ojbm.2020.82048.

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