Journal of Business & Economic Policy

ISSN 2375-0766 (Print), 2375-0774 (Online) DOI: 10.30845/jbep

The Impacts of Foreign Direct Investment on Economic Growth in Tanzania from 1995 To 2016
Aneth Luisenyi Sunford Urio

The study is guided by one objective which is to examine the impact of foreign direct investment to Tanzania economy from 1995 to 2016. The collected quantitative data were analyzed through E views while qualitative data, were analyzed through content analysis in which various themes were developed for data presentation and analysis. The findings through variables used including human capital, infrastructure, trade openness and FDI itself revealed the presence of impacts in which Foreign Direct Investment has on growing economy of Tanzania especially from 1990s where the country put effort in having trade openness. But also, in a way to determine economic growth, FDI resulted economic growth through transferring technology, creation of employment to many people, generating revenue to the government through taxes, contribution to social security fund and so on, provision of the needed capital to the country, creation environmental for business competition in the country, improvement of labor skills, determining trade integration and market access and changing the way domestic firms operate.

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