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THE IMPACT OF FOREIGN DIRECT INVESTMENT ON THE GROSS DOMESTIC PRODUCT IN EGYPT DURING THE PERIOD 2012-2021

Article

Last updated: 03 Jan 2025

Subjects

-

Tags

Economics

Abstract

The research aims to study the impact of foreign direct investment on the gross domestic product in Egypt during the period from 2012-2021 by collecting data on foreign direct investment and GDP from the reports of official sources in Egypt for economic data, the Central Bank of Egypt, and the Ministry of Planning and Economic Development, where The research relied on both the descriptive approach and the standard method in data analysis. The results showed the following: The independent variable, foreign direct investment, is significant, and therefore the hypothesis on which this research was based was accepted. The morale of foreign direct investment is due to the development of foreign investment during the current period in Egypt, and the state's encouragement to invest, which led to the strong contribution of foreign direct investment in industrialization, and the morale of foreign direct investment may also be attributed to the transparency and accuracy of data. Main recommendations: - The necessity of establishing a law for foreign direct investment in Egypt that is comprehensive in all matters relating to foreign direct investment, so that the foreign investor is sufficiently knowledgeable, which helps him to make a decision. - Encouraging foreign direct investment in sectors that have a high export capacity, such as the manufacturing sector. - Intensive focus on infrastructure development and the development of mega projects that bring fame to Egypt, which contributes to increasing the attraction of foreign direct investment.

DOI

10.21608/jes.2022.149230.1281

Keywords

Foreign Direct Investment, Real investment, Financial investment, Gross domestic product “GDP

Authors

First Name

Sanaa

Last Name

M. Abd El Ghany

MiddleName

-

Affiliation

Department of Economics at the Higher Institute for Advanced Studies

Email

drsanaa777@gmail.com

City

Cairo

Orcid

-

Volume

51

Article Issue

8

Related Issue

37383

Issue Date

2022-08-01

Receive Date

2022-07-13

Publish Date

2022-08-01

Page Start

245

Page End

273

Print ISSN

1110-0826

Online ISSN

2636-3178

Link

https://jes.journals.ekb.eg/article_271382.html

Detail API

https://jes.journals.ekb.eg/service?article_code=271382

Order

271,382

Type

Review Article

Type Code

599

Publication Type

Journal

Publication Title

Journal of Environmental Science

Publication Link

https://jes.journals.ekb.eg/

MainTitle

THE IMPACT OF FOREIGN DIRECT INVESTMENT ON THE GROSS DOMESTIC PRODUCT IN EGYPT DURING THE PERIOD 2012-2021

Details

Type

Article

Created At

22 Jan 2023