Forgine Direct Investment

FDI and Financial Market Development in Africa* Isaac OTCHERE, PhD Sprott schooltime of duty Carleton University, Ottawa (ON), Canada cry: (1) 613 520-2600 Ext. 2731 Fax: (1) 613 520-4427 email: isaac_otchere@carleton.ca Issouf SOUMARÉ, PhD (Corresponding author) Department of Finance, modify and Real Estate Faculty of Business Administration Laval University, Quebec (QC), Canada call off: (1) 418-656-2131 Ext. 4298 Fax: (1) 418-656-2624 e-mail: issouf.soumare@fsa.ulaval.ca Pierre YOUROUGOU, PhD Department of Finance Whitman develop of attention Syracuse University, Syracuse, NY, USA Phone: (1) 315 443-8027 Fax : (1) 315 442-1449 Email: pyouroug@syr.edu This version: October 2011 This paper was partly finalized while Issouf Soumaré was visiting the Guanghua crop of care at Peking University (Beijing, China). Soumaré would like to thank Professors Li Liu and Longkai Zhao and all the other members of the Department of Finance of the Guanghua School of Managemen t for their hospitality. We thank Yao D. NSougan for valuable research assistance. We thank Sirimon Treepongkaruna and seminar participants at the 2010 globular Development Finance Conference in Cape township (South Africa) and 2011 Global Finance Conference in Bangkok (Thailand).

We miss to acknowledge the financial support received from the Fonds Québécois de la Recherche sur la Société et la nation (FQRSC), the Institut de Finance Mathématique de Montreal (IFM2) and the Social Sciences and Humanities Research Council of Canada (SSHRC). precisely errors are the authors sole responsibility. * FD I and Financial Market Development in Africa! Abstract The education literature on the race encircled by foreign direct investment (FDI), financial food market development (FMD) and economic growth focuses mainly on deuce aspects: the race between FDI and economic growth and the role compete by FMD in that linkage. The literature is almost silent on the relationship and causality direction between...If you want to get a bountiful essay, order it on our website: BestEssayCheap.com

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