FDI inflows in the face of socio-political risks: The cases of Nigeria and Egypt

The relationship between foreign direct investment (FDI) and political stability should be intuitively obvious. Conventional wisdom suggests that FDI will flow towards stable, democratic nations with strong institutions and rule of law. Yet, for some African nations, conditions of socio-political risk may not be as uniformly anathema to international private investments as one would imagine. More

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