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Business and Economics Journal

ISSN: 2151-6219

Open Access

Volume 10, Issue 1 (2019)

Research Article Pages: 1 - 6

The Significance of Foreign Direct Investment to the Economic Development of Sub Saharan Economies

Ismalia Amadu, Wilfred Anyi Ndongko and Bobbo Moussa

This study attempts to evaluate the impact of Foreign Direct Investment on the economic development of forty three (43) Sub Saharan African countries. The Auto Regressive Vector (VAR) model was employed to effectuate econometric estimations, using annual data obtained from the database of the World Bank: World Development Indicators-WDI, 2018 for the period spanning from 1997 to 2017. The findings of the study show that FDI has a negligible impact on the economic development of the countries studied, whereas economic development that has a positive and strong impact on FDI. It is therefore recommended that: first African economies should develop value chains and attract FDI geared towards the transformation of their natural resources; and second they should improve pro-industry elements like adequate electricity supply, good transportation network, skilled labor, and technological development.

Short Communication Pages: 1 - 3

Investigating the Effect of Oil Price and Currency Exchange Rate Changes on Outbound Tourism in OPEC Member Countries

Naser Seifollahi

The World’s tourism industry has been developing for several years. The global economy grows, and more and more people tend to go travelling not only within their own country but also to foreign countries. Thus, it is relevant to investigate the relationship between macroeconomic indicators and the tourism industry.

Research Article Pages: 1 - 6

Advancing the Gender Equality and the Empowerment of Women: The Key to the Sustainable Development in Vietnam

Nguyen Thi Thu Ha and Nguyen Thu Ha

This study focuses on the analysis and evaluation of the situation of gender equality, initially indicates a qualitative relationship between gender equality and economic growth in Vietnam. The Global gender gap index, the secondary data in the reports of WEF (World Economic Forum) and UNDP (United Nations Development Programme) and the qualitative method were used and analyzed to show that the gender gaps in Vietnam has been improved significantly over the last 10 years. However, the gender gaps in the economic and political fields have been still relatively low and very low. Based on the results of the analysis of the state of gender equality in Vietnam, particularly in terms of employment opportunities, income and the opportunities in the politic field for women, the study proposes some solutions to reduce the gender gaps as well as promote the gender equality in Vietnam.

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