Impact of Trade Liberalization and Policies for Sustainable Management of Natural Resources (A Case Study on Uganda’s Agricultural Sector)

摘要

This paper summarizes and extends the importance of natural resources with sustainable management on Agriculture that has shown the main growth of different crops, fruits and natural resources that help in overcoming economic situations of the country. In summary, the relationship between FDI and growth is not well predicted thus, mixed conclusions can be drawn from the fact that studies are conducted on panels hence being specific on different countries. Over the last two decades, the effect of FDI on economic growth has increased in developing countries, particularly in Africa that develops examining of the impact of FDI on the Agriculture and economic growth of most countries from 1993 to 2017 using the random effects, fixed effects and GMM method. Empirical results show that FDI has no positive effect on economic growth across different countries but in recent years have had a positively significant effect on the economic growth of most member states and the impact of FDI on the economic growth of largest countries in terms of GDP and per capita GDP is positive. In landlocked countries, the effect of FDI on economic growth is positively insignificant thus making study analysis become more important especially when basing on FDI effects within most African states which study qualifies necessary to researchers especially on the effects of FDI on the economic growth of African states so this explains research on FDI relations and the economic growth of different countries.