Foreign Direct Investment (FDI): An Engine of Global Economic Growth

Abstract Foreign Direct Investment (FDI) has emerged as a vital element in the globalization of economies, contributing significantly to economic development, employment generation, and technological advancement. This paper explores the conceptual framework of FDI, its types, motivations, and impacts on host and home countries. It also analyzes recent trends, key determinants, and policy implications for attracting sustainable FDI flows. The paper concludes with challenges and future directions for optimizing FDI in the evolving global economic landscape.