search query: @indexterm Foreign investment / total: 1949
reference: 252 / 1949
| Author: | Athreye, S. Kapur, S. |
| Title: | Private Foreign Investment in India: Pain or Panacea? |
| Journal: | World Economy
2001 : MAR, VOL. 24:3, p. 399-424 |
| Index terms: | FOREIGN INVESTMENT INDIA INVESTMENT |
| Language: | eng |
| Abstract: | The authors scrutinise the role private foreign capital has played in India over the last five decades. In particular, the authors study the conduct and performance of foreign- controlled firms relative to domestic firms; unlike previous studies that have looked at this issue over short periods of time, the authors examine long-term trends in relative performance. Section 2 reviews the policy framework towards foreign capital in India; Section 3 examines the long-term trends in foreign investment; Section 4 assesses the importance of foreign-controlled firms in Indian manufacturing and their performance relative to domestic firms. Section 5 attempts to evaluate the contribution of foreign capital to the Indian economy, including the consequences of recent liberalisation. Section 6 outlines the policy implications. |
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