Foreign Direct Investment Influence on Gross Domestic Product of Kuwait from The Year 2010 to 2018 – A Study
Keywords:FDI, GDP, Kuwait.
The Foreign direct investment is considered to be a boon to growth of an economy to a country. FDI are actively utilized in open market rather than a closed market for investors. FDI is said to be fast growing factor for any country. Financially development of any country is based on the enhancement of FDI flow in the country this is proved in the research. The research was carried to understand the trends of FDI and its impact on the economy. The major FDI inflows are from United States and China and due to decline in oil prices and disinvestment the government bodies and policy makers need to concentrate on other sectors by granting FDI laws of 100% of foreign ownership and other tax relaxation, subsidies to improve the growth of the economy .We need to understand and check how much GDP and financial progress of Kuwait being impacted by FDI. Various Statistical methods has been incorporated that are Correlations, ANOVA and Regression. The outcome reveals tremendous influence FDI towards on GDP growth.