Bilateral Relations and Economic Development.

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Kampala International University
The purpose of this study is to examine the impact of Liberia's bilateral diplomatic relations on economic development using the diplomatic mission in Dakar, Senegal as a case study. The study had three objectives: (i) to determine the effect of the creation of investment opportunities on economic development, focusing on Liberia's Diplomatic Mission in Dakar, Senegal; (ii) to determine the effect of skills transfer on economic development, focusing on Liberia's Diplomatic Mission in Dakar, Senegal; and (iii) to determine the effect of Liberia's diplomatic relations on its security, focusing on Liberia's Diplomatic Mission in Dakar, The study used a correlational research design because it examined the relationship between two variables (Liberia's bilateral diplomatic relations and economic development). In addition to using both quantitative and qualitative methods for data collection and analysis, the study gathered general information on the topic from the study's various stakeholders. This study targeted a population of 183 participants obtained through both purposive and simple random sampling techniques. From this population, 126 respondents were selected using Sloven's formula, as both primary and secondary data sources were utilized. The questionnaire was the primary instrument for data collection, with interviews supplementing and clarifying the study responses. The collected data was then coded, entered into the computer, checked, and statistically analyzed with the (SPSS) software package to produce descriptive and inferential statistics. And based on the study's findings, diplomatic representation is especially important for promoting trade interests and creating investment opportunities. It was also noted that there is a high level of economic exchange between countries that are geographically close, which facilitates investment opportunities. This is due to the fact that there is frequently a high level of economic exchange and travel between geographically close countries, which facilitates investment opportunities in different nations. While it was determined that Liberian diplomacy in Senegal has been shaped by conflict, the report emphasized the need to provide aid to Liberia's refugees in the region while simultaneously strengthening diplomatic ties with Senegal and economic ties, capacity building, and technology transfer. However, it recommended that a strategic and more proactive economic diplomacy policy is required to diversify trade, investment areas, and international market horizons in order to accelerate.
A Research Dissertation Submitted to the College Of Humanities and Social Sciences in Partial Fulfillment of the Requirements for the Award of a Degree of Master’s In International Relations and Diplomatic Studies of Kampala International University
Bilateral Relations, Economic Development, Liberia, Senegal