{"id":3541,"date":"2022-01-13T13:46:54","date_gmt":"2022-01-13T13:46:54","guid":{"rendered":"https:\/\/ejfms.deqepub.org\/?post_type=journal_article&amp;p=3541"},"modified":"2022-01-13T13:46:54","modified_gmt":"2022-01-13T13:46:54","slug":"cross-border-capital-inflows-covid-19-crisis-and-living-standard-in-west-africa","status":"publish","type":"journal_article","link":"https:\/\/deqepub.org\/ejfms\/journal_article\/cross-border-capital-inflows-covid-19-crisis-and-living-standard-in-west-africa\/","title":{"rendered":"Cross-Border Capital Inflows, Covid-19 Crisis and Living Standard in West Africa"},"content":{"rendered":"<p><strong>ABSTRACT<\/strong><\/p>\n<p style=\"text-align: justify;\">The paper examined the impact of cross border capital inflow and covid-19 crisis on living standard in West Africa covering the period 2020-2021. The specifically investigated the impact of foreign direct investment and external debt investment on living standard in West Africa proxied by human development index (HDI) and the impact of covid-19 crisis on living standard in West Africa. The paper employed the panel fixed effect model for the analysis of the data and the result found that foreign direct investment has a positive and insignificant impact on living standard in the West African region. The study also found external debt having a significant negative impact on living standard in West Africa, while covid-19 confirmed cases significantly lead to a decline in living standard in the West African region for the period under study. The study suggests West African countries should minimize the external debts and rather push for more direct capital investments that will significantly impact on the living standard of the economies.<\/p>\n<p style=\"text-align: justify;\"><strong>Keywords<\/strong><em>: Cross-Border Capital Inflow; Foreign Direct Investment; External Debt; Covid-19 Crisis; Living Standard; West Africa<\/em><\/p>\n<p><strong>Contributors:\u00a0<\/strong>Okereke, S. F.; Onyia, C. &amp; Onodu, E. N.\u00a0 |\u00a0<strong><a href=\"https:\/\/ejfms.deqepub.org\/wp-content\/uploads\/2023\/02\/EJFMS-6.5-77-85.pdf\">FULL PDF<\/a><\/strong><\/p>\n","protected":false},"author":1,"template":"","journal_article_cats":[173],"class_list":["post-3541","journal_article","type-journal_article","status-publish","hentry","journal_article_cat-vol-6-no-5"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.2 (Yoast SEO v26.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cross-Border Capital Inflows, Covid-19 Crisis and Living Standard in West Africa - European Journal of Finance and Management Sciences<\/title>\n<meta name=\"description\" content=\"The paper examined the impact of cross border capital inflow and covid-19 crisis on living standard in West Africa covering the period 2020-2021. The specifically investigated the impact of foreign direct investment and external debt investment on living standard in West Africa proxied by human development index (HDI) and the impact of covid-19 crisis on living standard in West Africa. The paper employed the panel fixed effect model for the analysis of the data and the result found that foreign direct investment has a positive and insignificant impact on living standard in the West African region. The study also found external debt having a significant negative impact on living standard in West Africa, while covid-19 confirmed cases significantly lead to a decline in living standard in the West African region for the period under study. The study suggests West African countries should minimize the external debts and rather push for more direct capital investments that will significantly impact on the living standard of the economies.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/deqepub.org\/ejfms\/journal_article\/cross-border-capital-inflows-covid-19-crisis-and-living-standard-in-west-africa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cross-Border Capital Inflows, Covid-19 Crisis and Living Standard in West Africa\" \/>\n<meta property=\"og:description\" content=\"The paper examined the impact of cross border capital inflow and covid-19 crisis on living standard in West Africa covering the period 2020-2021. The specifically investigated the impact of foreign direct investment and external debt investment on living standard in West Africa proxied by human development index (HDI) and the impact of covid-19 crisis on living standard in West Africa. The paper employed the panel fixed effect model for the analysis of the data and the result found that foreign direct investment has a positive and insignificant impact on living standard in the West African region. The study also found external debt having a significant negative impact on living standard in West Africa, while covid-19 confirmed cases significantly lead to a decline in living standard in the West African region for the period under study. The study suggests West African countries should minimize the external debts and rather push for more direct capital investments that will significantly impact on the living standard of the economies.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/deqepub.org\/ejfms\/journal_article\/cross-border-capital-inflows-covid-19-crisis-and-living-standard-in-west-africa\/\" \/>\n<meta property=\"og:site_name\" content=\"European Journal of Finance and Management Sciences\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/deqepub.org\/ejfms\/journal_article\/cross-border-capital-inflows-covid-19-crisis-and-living-standard-in-west-africa\/\",\"url\":\"https:\/\/deqepub.org\/ejfms\/journal_article\/cross-border-capital-inflows-covid-19-crisis-and-living-standard-in-west-africa\/\",\"name\":\"Cross-Border Capital Inflows, Covid-19 Crisis and Living Standard in West Africa - European Journal of Finance and Management Sciences\",\"isPartOf\":{\"@id\":\"https:\/\/deqepub.org\/ejfms\/#website\"},\"datePublished\":\"2022-01-13T13:46:54+00:00\",\"description\":\"The paper examined the impact of cross border capital inflow and covid-19 crisis on living standard in West Africa covering the period 2020-2021. The specifically investigated the impact of foreign direct investment and external debt investment on living standard in West Africa proxied by human development index (HDI) and the impact of covid-19 crisis on living standard in West Africa. The paper employed the panel fixed effect model for the analysis of the data and the result found that foreign direct investment has a positive and insignificant impact on living standard in the West African region. The study also found external debt having a significant negative impact on living standard in West Africa, while covid-19 confirmed cases significantly lead to a decline in living standard in the West African region for the period under study. 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The specifically investigated the impact of foreign direct investment and external debt investment on living standard in West Africa proxied by human development index (HDI) and the impact of covid-19 crisis on living standard in West Africa. The paper employed the panel fixed effect model for the analysis of the data and the result found that foreign direct investment has a positive and insignificant impact on living standard in the West African region. The study also found external debt having a significant negative impact on living standard in West Africa, while covid-19 confirmed cases significantly lead to a decline in living standard in the West African region for the period under study. 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