Author(s): Idris El Tahir Yousif Mohamed, Mohd. Effandi Bin Yusoff
Foreign Development Investment (FDI) plays a crucial role in promoting financial activities in the developing countries. In recent days, COVID-19 caused a huge destruction to the economy across the globe. Studies reveal that the ratio of FDI inflows in 2020 was lesser than the previous year. There is a lack of studies to explore the present economic environment and the role of FDI in the developing countries. The existing studies highlight the common factors for the economic growth and presented limited information on FDI. There is a demand for a study to outline the role of the FDI in the economic growth of the developing countries. Therefore, the study intends to extract and review literature related to the role of FDI on the economy growth in the developing countries. Specifically, researchers focus on the studies based on the Sudan economy. During the process of review, a total of 261 studies were extracted from the digital libraries include Scopus, Science Direct, and Google Scholar. Finally, a sum of 32 studies was selected and the outcome suggested that there is a positive relationship between FDI and economic growth. However, the Pandemic affected the global economy and shrank the FDI inflows. In addition, the political instability in Sudan caused a major impact on Country’s economy.