#2429. Foreign capital inflows and economic growth: the experience of low-income countries in Sub Saharan Africa

October 2026publication date
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Journal’s subject area:
Economics, Econometrics and Finance (all);
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Abstract:
The article examines the long-term impact of selected foreign capital flows, including aid, remittances, foreign direct investment (FDI), trade and debt, on the economic growth of 21 low-income countries in sub-Saharan Africa (SSA) between 1990-20XX. biennium The methodology is based on the parametric approach, which was a dynamic ordinary least squares method, and a nonparametric approach, which was completely modified by the ordinary least squares method. The results show that, over the long term, trade and aid have had a positive effect on the growth rate of per capita income in these countries.
Keywords:
Aid; Debt; Economic growth; Foreign capital inflows; Remittances

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