Foreign Investment, Domestic Savings, and Exchange Rates as Drivers of Per Capita Income and Financial Sector Development in OIC Countries DOI

Fitri Ardiya Garini,

M. Shabri Abd. Majid, Suriani Suriani

и другие.

Deleted Journal, Год журнала: 2024, Номер 2(1), С. 15 - 25

Опубликована: Сен. 16, 2024

This study examines the roles of foreign investment, financial sector development, domestic savings, and exchange rates on per capita income in 25 Organization Islamic Cooperation (OIC) countries. A panel data regression model is applied to annual from 2010 2022. The results indicate that investment savings positively influence while rate has no significant effect. Additionally, both impact economic growth, whereas have a negative Based these findings, it recommended governments OIC-25 countries enhance attractiveness through policies foster conducive climate increase awareness incentives for savings. approach would strengthen boost growth. suggests can drive development fluctuations inefficient management hinder increases income.

Язык: Английский

Foreign Investment, Domestic Savings, and Exchange Rates as Drivers of Per Capita Income and Financial Sector Development in OIC Countries DOI

Fitri Ardiya Garini,

M. Shabri Abd. Majid, Suriani Suriani

и другие.

Deleted Journal, Год журнала: 2024, Номер 2(1), С. 15 - 25

Опубликована: Сен. 16, 2024

This study examines the roles of foreign investment, financial sector development, domestic savings, and exchange rates on per capita income in 25 Organization Islamic Cooperation (OIC) countries. A panel data regression model is applied to annual from 2010 2022. The results indicate that investment savings positively influence while rate has no significant effect. Additionally, both impact economic growth, whereas have a negative Based these findings, it recommended governments OIC-25 countries enhance attractiveness through policies foster conducive climate increase awareness incentives for savings. approach would strengthen boost growth. suggests can drive development fluctuations inefficient management hinder increases income.

Язык: Английский

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