Foreign Direct Investment Spillovers: Evidence from Egypt, 2000-2020
Foreign direct investment (FDI) is a crucial element of globalization; knowledge spillovers, increasing employment, and technology transfer through inward FDI promote economic growth. Egypt is the top FDI recipient in Africa, and empirical literature finds a positive correlation between FDI and economic growth in the country; however, there are limited academic discourses on the channels through w