اثر دالة الاستثمار علي النمو الاقتصاد في السودان (خلال الفترة 1990 - 2005م )

Abstract

Abstract This study tackles the estimation of investment function and it isinfluence -upon economic growth in Sudan during the period from 1990-2005. It's -based on some hypothesis which covers the economical, political, legislative and systematic environment as encouraging factors for investment. . ' The objective of the study is to investigate the vital role which investment plays-in realizing growth in Sudan. p The research follows the standard descriptive method in measuring the investment function, besides recognizing the various aspects of investment in Sudan, ' A " ' - , ' The research has come to conclusion that investment is regarded as an ‘essential determiner for growth and economic development. Moreover, economic, political, legislative stability in addition to ‘the quality to institution are factors that affect investment environment. Also economic policies in Sudan. have a positive influence upon economic indicators such as inflation rate and growth in total production. . The average of annual growth rate for investment during this period is 77.97% and this indicates that, the general trend of investment is increasing. - Another result is that, the correlation factor between investinentextension _and the other variables is strongly positive. The study recommends institutional management as an ideal method for managing investment operations in Sudan, besides establishing basic infrastructure for encouraging new investments. . . It also recommends stable financial policies for better promoting investment performance in general.