Determinants of foreign direct investment in Lesotho: evidence from cointegration and error correction modeling
Over the past decade, Lesotho has recorded a substantial increase in levels of foreign TEA TREE direct investment (FDI) inflow, part of it prompted by trade privileges.Building on the extant literature, this study provides an empirical analysis of determinants of FDI in Lesotho.The study looks at how macroeconomic stability, regulatory frameworks,