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This paper investigates the differential impact of foreign direct investment (FDI) on GDP growth in lower-middle-income and upper-middle-income developing countries from 1990 to 2016. The findings indicate that FDI significantly contributes to economic growth in upper-middle-income countries, while it does not have the same effect in lower-middle-income countries, likely due to better macroeconomic conditions in the former. The study highlights the importance of appropriate regulations to maximize the benef
- Author
- Pham Diem
- Language
- EN