The Role of Foreign Direct Investment in Sustainable Development: Analytic Study of a Selection of Countries
Abstract
Foreign direct investment plays a vital role in promoting sustainable development by attracting investment to environmentally friendly projects and technologies, as well as to important strategic projects, and by helping create job opportunities, foster innovation, and develop and promote sustainable business practices. From this point of view, the study came to analyze the volume of FDI flows in sustainable development, which focused on the eighth goal (decent work and growth) and the ninth goal (industry, innovation and infrastructure) as variables to measure the economic performance of sustainable development during the period 2000-2022, due to the impact of foreign investment in job creation, the development of industries and innovations, as well as the improvement of infrastructure, and in order to reach the research objective, the descriptive analysis of the foreign direct investment data of the three countries that achieved the research was used The highest performance in the Sustainable Development Goals with the data of the eighth and ninth goals for sustainable development for the year 2022 in addition to the State of Iraq, and a set of conclusions was reached represented in the correlation between the volume of inflows from foreign investments with decent work and growth significantly and instantaneously, while the value of the Industry, Innovation and Infrastructure Index increased despite the fluctuation of incoming investments due to advanced infrastructure.
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