International Journal of Economics and Financial Research

Online ISSN: 2411-9407
Print ISSN: 2413-8533

Quarterly Published (4 Issues Per Year)





Archives

Volume 5 Number 9 September 2019

The Impact of International Capital Flows on Jordan’s Economic Growth


Authors: Basem M. Lozi ; Mamoun Shakatreh
Pages: 214-220
DOI: doi.org/10.32861/ijefr.59.214.220
Abstract
The aim of this study is to examine the impact of international capital flows on the economic growth in Jordan during the period from 2005 to 2017, The study also examines trends and composition of capital inflows. The study used descriptive analytical research method which was appropriate for the purpose of research. By using time series data, the study found that Foreign Direct Investment (FDI), foreign portfolio investment (FPI), grants (Gr) and Worker remittances (WR) are positively affecting the economic growth direct contribution. Based on the research results, the study came with a several recommendations, the most important recommendation is; the government of Jordan should create and relax the rules and regulations to attract more investors, and also the government should work hand in hand with the developed countries to create economic and employment opportunities, improve the country’s competitiveness, and expand growth within the private sector so that everyone in Jordan has the opportunity to contribute to a brighter future.



Labor Force Participation Rate and Economic Growth: Observations for Bangladesh


Authors: Ahasan Ul Haque ; Golam Kibria ; Muhaiminul Islam Selim ; Dilruba Yesmin Smrity
Pages: 209-213
DOI: doi.org/10.32861/ijefr.59.209.213
Abstract
The study investigates the relationship between the labor force participation rate for both male and female, gross fixed capital formation, and economic growth in Bangladesh using the annual time series data from 1991 to 2017. The results find two bidirectional nexus that one is between total labor force participation and economic growth and second is between gross fixed capital formations and economic growth whereas the findings also show a unidirectional causal association from female labor force participation to economic progress for Bangladesh. The study also finds that both total labor force participation and female labor force participation have short-run positive significant effects on the economic development for Bangladesh but adverse effects in the long run. On the contrary gross fixed capital formation contains short term significant negative indication on the economic growth but has an explicit positive considerable impact on the economic development of Bangladesh. The government of Bangladesh needs to give more importance in technical education format that will produce more skilled labor.