Journal of Financial Economic Policy· 2026Q2
Exploration of the dynamic interaction between oil, financial development, and foreign direct investment inflows in Africa’s leading oil-producing economies
- 0citations
- Q2SCImago
- 2026year
Short summary
Higher oil reserves relative to production (r/p ratio) negatively impact foreign direct investment (FDI) inflows in Africa's top oil-producing nations, a trend more pronounced in Sub-Saharan Africa, though financial development helps mitigate this in Sub-Saharan Africa and interacts with oil r/p to lessen the negative impact in North Africa.
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