Foreign Direct Investment and Social Sectors Development: A Review

• Main Authors: Abu Bakar, Nor Aznin, Idrees, Sadia
• Format: Article
• Language: English
• Published: iRASD 2019
• Subjects: HD28 Management. Industrial Management
• Online Access: http://repo.uum.edu.my/28250/1/PJHSS%207%201%202019%2093%20105.pdf; http://repo.uum.edu.my/28250/; http://doi.org/10.52131/pjhss.2019.0701.0074

Various studies in the past have examined the effect of foreign direct investment on economic growth, the key basic assumption common to these papers is that economic growth is a good proxy for welfare of both developed and developing countries. However, research on the influence of foreign direct investment on an expanded conception of socio-economic progress such as human development (measured by the human development index) is absent. This research paper presents the literature on foreign direct investment (FDI) and social sectors (health & education) development in the context of developing economies.