The Effect of Foreign Direct Investments on Primary Industry in Emerging Economy: Case of Eurozone in the light of current economic instability and uncertain economic climate

Abstract:

Over the years, foreign direct investments have been viewed as majorly the activities that contribute to the economic growth of any nation and are well known as a very important part in the economic growth of developing countries. Foreign direct investments play an important role in promoting economic growth in the Eurozone, and the employment rate is an important aspect of economic development. Eurozone has 19 countries of 28 European Union member states. It consists of developed countries, so they are emerging economies. In order to have a better understanding of the relationship between investments and employment in the Eurozone, this paper examines macroeconomic data to measure the effect of FDI inflows on employment rate in the primary sector.