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Outward Direct Investment from India

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Author Info
Prema-chandra Athukorala ()
Abstract

This paper examines emerging patterns and economic implications of Indian foreign direct investment from a historical perspective against the backdrop of the evolving role of developing-country firms (emerging multinational enterprises, EMES) as an important force of economic globalisation. The novelty of the analysis lies in its specific focus on the implications of changes in trade and investment policy regimes and the overall investment climate for internationalisation of domestic companies and the nature of their global operations. The findings cast doubts on the popular perception of the recent surge in outward FDI from India as an unmixed economic blessing, given the remaining distortion in the domestic investment climate

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File URL: http://rspas.anu.edu.au/economics/publish/papers/wp2009/wp_econ_2009_14.pdf
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Paper provided by Australian National University, Economics RSPAS in its series Departmental Working Papers with number 2009-14.

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Length: 49 pages
Date of creation: 2009
Date of revision:
Handle: RePEc:pas:papers:2009-14

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Related research
Keywords: India; FDI; Emerging-Economy MNEs;

Find related papers by JEL classification:
O53 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

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This page was last updated on 2009-11-30.


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