The effects of foreign direct investment on youth unemployment in the Southern African Development Community

This paper examines the effect of foreign direct investment (FDI) on youth unemployment in the Southern African Development Community (SADC) region using panel data from the World Bank World Development Indicators for the period 1994–2017. Results from the Feasible Generalized Least Squares (FGLS-Pa...

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Autores principales: Mkombe, D., Hirpa Tufa, A., Alene, A., Manda, J., Feleke, S., Abdoulaye, Tahirou, Manyong, Victor
Formato: Journal Article
Lenguaje:Inglés
Publicado: Informa UK Limited 2020
Materias:
Acceso en línea:https://hdl.handle.net/10568/109241
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author Mkombe, D.
Hirpa Tufa, A.
Alene, A.
Manda, J.
Feleke, S.
Abdoulaye, Tahirou
Manyong, Victor
author_browse Abdoulaye, Tahirou
Alene, A.
Feleke, S.
Hirpa Tufa, A.
Manda, J.
Manyong, Victor
Mkombe, D.
author_facet Mkombe, D.
Hirpa Tufa, A.
Alene, A.
Manda, J.
Feleke, S.
Abdoulaye, Tahirou
Manyong, Victor
author_sort Mkombe, D.
collection Repository of Agricultural Research Outputs (CGSpace)
description This paper examines the effect of foreign direct investment (FDI) on youth unemployment in the Southern African Development Community (SADC) region using panel data from the World Bank World Development Indicators for the period 1994–2017. Results from the Feasible Generalized Least Squares (FGLS-Parks) technique show that FDI has an insignificant effect on reducing youth unemployment in the SADC region. This could be because the type of FDI in the region is partly mergers and acquisitions, which has fewer jobs creating capacity compared to Greenfield investment. This suggests the need for governments in the region to pursue labour-absorbing FDI policies and also ensure that foreign investment inflows are channelled towards labour-intensive sectors that have high labour absorptive capacity such as horticulture and floriculture.
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spelling CGSpace1092412025-11-11T10:39:55Z The effects of foreign direct investment on youth unemployment in the Southern African Development Community Mkombe, D. Hirpa Tufa, A. Alene, A. Manda, J. Feleke, S. Abdoulaye, Tahirou Manyong, Victor youth employment youth unemployment poverty alleviation economic growth foreign investment This paper examines the effect of foreign direct investment (FDI) on youth unemployment in the Southern African Development Community (SADC) region using panel data from the World Bank World Development Indicators for the period 1994–2017. Results from the Feasible Generalized Least Squares (FGLS-Parks) technique show that FDI has an insignificant effect on reducing youth unemployment in the SADC region. This could be because the type of FDI in the region is partly mergers and acquisitions, which has fewer jobs creating capacity compared to Greenfield investment. This suggests the need for governments in the region to pursue labour-absorbing FDI policies and also ensure that foreign investment inflows are channelled towards labour-intensive sectors that have high labour absorptive capacity such as horticulture and floriculture. 2020-07-27 2020-09-07T08:35:42Z 2020-09-07T08:35:42Z Journal Article https://hdl.handle.net/10568/109241 en Open Access application/pdf Informa UK Limited Mkombe, D., Hirpa Tufa, A., Alene, A.D., Manda, J., Feleke, S., Abdoulaye, T. & Manyong, V. (2020). The effects of foreign direct investment on youth unemployment in the Southern African Development Community. Development Southern Africa, 1-16.
spellingShingle youth employment
youth
unemployment
poverty alleviation
economic growth
foreign investment
Mkombe, D.
Hirpa Tufa, A.
Alene, A.
Manda, J.
Feleke, S.
Abdoulaye, Tahirou
Manyong, Victor
The effects of foreign direct investment on youth unemployment in the Southern African Development Community
title The effects of foreign direct investment on youth unemployment in the Southern African Development Community
title_full The effects of foreign direct investment on youth unemployment in the Southern African Development Community
title_fullStr The effects of foreign direct investment on youth unemployment in the Southern African Development Community
title_full_unstemmed The effects of foreign direct investment on youth unemployment in the Southern African Development Community
title_short The effects of foreign direct investment on youth unemployment in the Southern African Development Community
title_sort effects of foreign direct investment on youth unemployment in the southern african development community
topic youth employment
youth
unemployment
poverty alleviation
economic growth
foreign investment
url https://hdl.handle.net/10568/109241
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