International records / OpenAlex research

External Debt, Exchange Rate, Foreign Investments and Economic Growth Inter-Relationships Further Empirical Evidence from Nigeria

It is crystal clear for countries to thrive and for industries to compete with themselves there is need for product diversification, these create a niche for foreigners to contribute both in capital and technical skill, this will further lead to exchange of currency across borders and it will also facilitate growth in the receiving country. This propelled this paper on external debt, exchange rate, foreign investments and economic growth inter-relationships. Further empirical evidence from Nigeria, 1981-2018. The study made use of autoregressive distributed lag bond test (ARDL) as the statisti…