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Role of FDI in Indian Economy (A Concern of the FDI and Indian Regime)

Author

Listed:
  • Dr. Brijesh Kumar

    (Lecturer, Faculty of Commerce and Business Administration. D.N. College, Meerut.)

  • Anuj Singhal

    (Chartered Accountant, Research Scholar.)

Abstract

The last two decades of the 20th century witnessed a marked change in attitude of most developing countries towards foreign capital, accompanied by a dramatic world wide increase in foreign direct investment (FDI). Most countries now regard FDI as beneficial for their development efforts and compete with each other to attract it. The success of many Asian economies (China, South Korea, Singapore, Thailand, and Malaysia) is largely attributable to high level of foreign investment and export promotion.Though India has one of the most transparent and liberal FDI regimes among the developing countries with strong macro-economic fundamentals, its share in FDI inflows in dismally low. The country till suffers from weaknesses and constraints, in terms of policy and regulatory framework which restrict the inflow of FDI.

Suggested Citation

  • Dr. Brijesh Kumar & Anuj Singhal, 2006. "Role of FDI in Indian Economy (A Concern of the FDI and Indian Regime)," Journal of Commerce and Trade, Society for Advanced Management Studies, vol. 1(2), pages 46-48, October.
    • Handle: RePEc:jct:journl:v:1:y:2006:i:2:p:46-48
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    File URL: http://www.jctindia.org/october2006/v1i2-9
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    References listed on IDEAS

    as
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    2. Shah, Anwar & Slemrod, Joel, 1991. "Do Taxes Matter for Foreign Direct Investment?," The World Bank Economic Review, World Bank, vol. 5(3), pages 473-491, September.
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    JEL classification:

    • A0 - General Economics and Teaching - - General
    • C0 - Mathematical and Quantitative Methods - - General

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