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Godwin Okafor is a Senior Lecturer in Economics at »ÆÉ«²Ö¿â, Leicester. He was previously a Lecturer in Economic Development at Southampton Solent University, UK.

He had his PhD from Bournemouth University, UK. His PhD focussed mainly on Foreign Direct Investment and Economic Growth in Sub-Saharan Africa. During his PhD, he was an Associate Lecturer in Economics and Finance at Bournemouth University. Godwin also has an MA (2011) degree in International Business with Economics from Bournemouth University, UK.

Godwin’s research interests are in the areas of International Economics, Economic Development and Global Economic Challenges. Within International Economics his main interest is on foreign direct investment, international trade, foreign aid, and remittances. Research related to Economic Development includes economic growth, governance (political instability and corruption), impact of fiscal and monetary policies, and economic activity and policy that are directed towards achieving economic development goals.

Godwin’s research interests have generated plenty outputs in the form of, accepted, submitted, and working papers; book contribution; and presentations at international conferences. Similarly, he reviews for a number of international journals including the Journal of Developing Areas, Comparative Economics, African Development Review, International Review of Applied Economics, Thunderbird International Business Review, International Business Review, etc. Godwin also supervises PhD students.

1. Zhou, Z., Wang, Z., and Okafor, G., 2025. Terror and Wealth: How Does Terrorism affect Global Business-class Travel? Asia Pacific Journal of Tourism Research, 30(3), 354-367.

2. Okafor, G., 2023. The Efficiency of Public Environmental Financing in Sub-Saharan Africa. In: Sosnovskikh, S., and Alam S., (ed.), Environmental Finance and Green Banking: Contemporary and Emerging Issues (pp. 136-149). Routledge.

3. Ede, O. and Okafor, G., 2023. The Impact of Kidnapping on Foreign Ownership of Firms in Nigeria. Thunderbird International Business Review, 65(3), 341-354

4. Okafor, G., and Calderon C., 2023. Empirical Evidence of the Relationship between Terrorism and Firm Financial Performance in Nigeria. International Journal of Emerging Markets, 18(12), 6260-6284

5. Webster, A., Okafor, G., and Barrow, C., 2022. Foreign Ownership and Firm Performance in Sub-Saharan Africa. Transnational Corporations Review, 14(4), 418-437

6. Okafor, G., and Piesse, J., 2022. The Relationship between Sexual Violence and Girl-Child Primary School Education in Developing Countries. Journal of Developing Areas, 56(2), 185-195

7. Zhang, Q., Wang, Z., and Okafor, G., 2022. Understanding China’s Economic Engagement in Africa: An Exploration of the FDI-Trade Nexus. Sustainability 14(23), 15632

8. Okafor, G., and Chikalipah, S., 2021. Estimating the Effect of Terrorism on Agricultural Production in Nigeria. African Development Review, 33(4), 703-714

9. Olagboye, D. O., Obembe, D., and Okafor, G., 2021. Enterprise Survival and Growth: A Conceptual Exposition of Entrepreneurial Activities in Sub-Saharan Africa. In: Kolade, S., Rae, D., Obembe, D., Woldesenbet, B. K., (Eds.) The Palgrave Handbook of African Entrepreneurship, London: Palgrave Macmillan

10. Okafor G., and Ede, O., 2021. Kidnapping Rate and Capital Flight: Evidence from Developing Countries. International Journal of Finance and Economics, https://doi.org/10.1002/ijfe.2551

11. Okafor, G., Ede, O., Chijoke-Mgbame, M., Ohalehi, P., and Chijoke, C., 2021. Ownership Structure, Corruption, and Capital Investment: Evidence from Selected Countries in Sub-Saharan Africa. Thunderbird International Business Review, 63(4), 403-420

12. Owusu-Agyei, S., Okafor, G., Chikoke-Mgbame, M., Ohalehi, P., and Fakhrul, H., 2020. Internet Penetration and Financial Development in Sub-Saharan Africa. Technological Forecasting and Social Change, 161(2020), 1-13

13. Tauringana, V., Ishmael T., Okafor, G., and Widin Bongasu Sha’ven, 2020. Terrorism and Global Business Performance. Internal Journal of Finance and Economics, 26(4), 5636-5658

14. Ishmael T., Okafor, G., Tauringana, V., and Zalata, A., 2019. Terrorism and Country-Level Global Business Failure. Journal of Business Research, 98, 430-440

15. Chikalipah, S., and Okafor, G., 2019. Dynamic Linkage Between Economic Growth and Human Development: Time Series Evidence from Nigeria. Journal of International Development, 31(1), 22–38

16. Joseph‐Richard, P., Jessop, T., Okafor, G., Almpanis, T. and Price, D., 2018. Big Brother or Harbinger of Best Practice: Can Lecture Capture Actually Improve Teaching? British Educational Research Journal, 44(3), 377–392

17. Okafor G., and Piesse, J., 2018. Empirical Investigation into the Determinants of Terrorism: Evidence from Fragile States. Defence and Peace Economics, 29(6), 697–711

18. Okafor, G., Piesse, J. and Webster, A., 2017. FDI Determinants in Least Recipient Regions: The Case of Sub‐Saharan Africa and MENA. African Development Review, 29(4), 589-600

19. Okafor, G., 2017. The Determinants of Firm Performance and Bribery: Evidence from Manufacturing Firms in Nigeria. International Economic Journal, 31(4), 647–669

20. Okafor, G., and Webster, A., 2016. FDI in Transition Economies of Europe and the Former Soviet Union. In: Holscher, J., and Tomann, H., ed. Palgrave Dictionary of Emerging Markets and Transition Economies. Palgrave Macmillan

21. Okafor, G., 2015. Locational Determinants of US Outward FDI into Sub-Saharan Africa. Journal of Developing Areas, 49(1), 187 – 205

22. Okafor, G., 2015. The Impact of Political Instability on the Economic Growth of ECOWAS Member Countries. Defence and Peace Economics, 28(2), 208–229

23. Okafor, G., Piesse, J., and Webster, A., 2015. The Motives for Inward FDI into Sub-Saharan Africa Countries. Journal of Policy Modelling, 37(5), 875 – 890

24. Okafor, G., 2015. Impact of Financial Sector Development on Economic Growth of Nigeria. Africagrowth Agenda, 12(3), 4–9

International Economics - International Trade, FDI, Economic Development, Global Economic Challenges, Applied Economics, Peace and Conflict Studies 

Economic Development

International Trade  

Contemporary Topics in Global Economics 

PhD, MA, PGCE

2021 Academic Citizen of the Year, Faculty of Business and Law

FHEA

Government of Gibraltar – Research Assistant (2015)