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Scirj Volume V, Issue XII, December 2017 Edition
ISSN: 2201-2796

Perceptions of Libyans Senior Officials on Foreign Direct Investment Issues and Challenges

Salem Abdulla

Abstract: The economic development needs of developing countries require capital accumulation, which is no longer an easy task, even for industrialised countries. Although borrowing remains an important alternative, it has proved to be an expensive method in the long run. Consequently, to attract foreign direct investment (FDI), developing countries have been liberalising their economies, which is expected to contribute to job creation and income generation. The paper aims to answer the research questions of whether or not Libyan experiment of FDI is successful, to what extent are the senior Libyan officials aware of the importance of the inward flow of FDI to boost the process of economic development? What are the strategies involved, and what are the difficulties or challenges facing the improving of the business environment?

Reference this Paper: Perceptions of Libyans Senior Officials on Foreign Direct Investment Issues and Challenges by Salem Abdulla published at: "Scientific Research Journal (Scirj), Volume V, Issue XII, December 2017 Edition, Page 31-37 ".

Search Terms: Foreign Direct Investment (FDI), Senior Libyan Officials, Economic Development, Business Environment, Libya

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