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Foreign Direct Investment has been widely described as a formidable vehicle of economic growth.Various researchers have tried to advocate foreign direct investment as a tool for employment generation,transfer of technological skills,manpower development and increased foreign exchange earnings.This study was carried out to determine the impact of FDI on economic growth in Uganda.The study made use of the regression method of analysis in determining the impact of FDI amid other variables(GDP,foreign exchange rate and exports)on economic growth from the period of1990 – 2015.Descriptive statistics were used to describe the features of the secondary data collected(1990-2015).A positive correlation was found when the tests were carried out between FDI and Uganda’s economic growth.Further correlation was also found between GDP growth,Exchange rate,and Export.The results suggest an implementation of FDI policies which are not so applicable in the country today.Bureaucracy and transparency still have to be improved upon be addressed in order for the Uganda to gain meaningfully from FDI.