Date of Submission
Open Access Senior Thesis
Bachelor of Arts
© 2014 Kunaal A. Chande
Using a panel data set spanning from 2005 to 2012 and drawn from 35 Sub-Saharan
African countries, this paper examines the relative impact of corruption on the
inflow of foreign direct investment. This study is motivated by the recent influx of
political and media attention on the African continent that is poised to receive
billions of dollars in investment over the coming years. It is argued in this paper that
there is no significant link between the two variables. There did appear to be a
negative skew meaning higher levels of perceived corruption resulted in less FDI
inflows, while few countries returned with a positive relationship.
Chande, Kunaal A., "Africa Rising: Corruption & Foreign Direct Investment Inflows" (2014). CMC Senior Theses. 1023.