@article{Eudelle2017, author = {Philipp Eudelle}, title = {Foreign Direct Investment and Economic Growth: The Cases of Singapore and Oman}, series = {Global Policy (Wiley)}, number = {Volume 8 Issue 3}, editor = {Javier Meriger}, issn = {1758-5899}, doi = {10.1111/1758-5899.12482}, pages = {402 -- 404}, year = {2017}, abstract = {Economic growth is usually driven by improvements in productivity, economic efficiency, trade and innovation. Increasing efficiency means to produce larger output using the same amount of factors for production such as raw materials, labour, and capital. However, regardless of the driver, growth is often investment-hungry and it is not rare to find an economy with potential for growth but lacking locally available investment. In this scenario, Foreign Direct Investment (FDI) can fill the gap between investment needed to promote economic growth and locally available investments.}, language = {en} }