... the causal links between FDI and GDP and the causality of these two variables by looking at a sample of 31 developing counties in Asia, Latin America, and Africa for the period of 1970-2000 They ... Singapore, Indonesia, Malaysia, Thailand, and the Philippines, this paper tests the causal relationship between the two variables of GDP growth and FDI inflow Data for Thailand, Indonesia, Malaysia, ... we can find that inconsistency in the causal link between FDI and GDP The Granger causality test including the export variable results in different patterns of the causal link between FDI and...