The role of good government and human resource in attracting direct foreign investment and economical growth (a selection of developing countries)

Investment is one of basic necessity of economical growth for each country. Non-economicalfactors such as , the sort of government and its quality and competency of human resource areeffective in economic growth and direct foreign investment. Foreign direct investment is one ofthe most important factors in economic growth and development in most countries in the world.The main aim of this study is the investigating role of good government and human capital inattracting the direct foreign investment and economic growth in a group of selected developingcountry with panel data and extracted data from world Bank during interval of 1990-2018,byusing the systemic generalized method of moments(GMM).The result of models estimation of the study showed that the direct foreign investment and human capital and the factor of government have positive and significant effect on economic growth in developing country. Therefore it can be said the human capital and factor of good government in attracting direct foreign investment and improving economic growth have effective roles.