International Journal For Multidisciplinary Research

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Determinants of FDIs in Promoting Prosperity: An Empirical Study on Bangladesh

Author(s) Mohammad Main Uddin, Asmaul Husna Noha
Country Bangladesh
Abstract Foreign Direct Investment (FDI) helps an economy to grow and develop by increasing employment opportunities, developing human resources, developing backward areas, increasing exports, exchange rate stability, and improving capital flows. More than 700 million people around the world are struggling with poverty. When a nation can better feed its people, and give better opportunities to people, the nation will develop itself and help develop other nations too. The research proposes to study the role of Foreign Direct Investment (FDI) on developing countries in Asia in reducing poverty by promoting global prosperity. For this purpose, the research conducts qualitative analysis using secondary data by creating an empirical model by multiple linear regression analysis and the Ordinary Least Square method. After analyzing the foreign Direct investments made by Bangladesh over the period 2003 to 2019 and determining the relation between Foreign Direct Investment (FDI) and GDP, inflation, Real Interest Rate, and Labor Cost it is found that only GDP has an impact on FDI Thus, the research analyses the determinants of Foreign Direct Investment (FDI) over GDP in poverty alleviation and prospering the developing countries.
Keywords Investment Decisions, International Finance, Technical analysis
Field Business Administration
Published In Volume 5, Issue 5, September-October 2023
Published On 2023-09-24
Cite This Determinants of FDIs in Promoting Prosperity: An Empirical Study on Bangladesh - Mohammad Main Uddin, Asmaul Husna Noha - IJFMR Volume 5, Issue 5, September-October 2023. DOI 10.36948/ijfmr.2023.v05i05.6811
DOI https://doi.org/10.36948/ijfmr.2023.v05i05.6811
Short DOI https://doi.org/gssfjv
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