Impact of Foreign Direct Investment on Economic Growth in Tunisia

Tunisia has adopted policies intended to liberalize the exchanges and flows of capital combined with the increase in exports, privatization and the deregulation, these measurements are based on a change of strategy, in which the import substitution industrialization has been substituted by an approach of development centered on the market by privileging exports and access to foreign investments. The purpose of this paper is to study the effects of foreign direct investment on economic growth while focusing on the various integration procedures followed by the Tunisian economy. The econometric results showed the positive impact of foreign investment on the country's growth, a similar to that of human capital and financial development impact.