Indian FDI Falls in Global Economic Crisis
Just over a year ago, India's outward foreign direct investment (OFDI) seemed to be on a path of rapid and sustained growth. Its average annual growth of 98% between 2004 and 2007 was unprecedented, far ahead of that of other emerging markets like China (74%), Malaysia (70%), Russia (53%), and the Republic of Korea (51%), albeit from a much lower base. However, much of the recent growth in India's OFDI has been fuelled by large-scale overseas acquisitions, and it faltered when the global financial crisis that started in late 2007 made financing acquisitions harder.
Volume (Year): 1 (2009)
Issue (Month): 4 (December)
|Contact details of provider:|| Postal: |
When requesting a correction, please mention this item's handle: RePEc:oul:tncr09:v:1:y:2009:i:4:p:1-11. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Denny Liao)The email address of this maintainer does not seem to be valid anymore. Please ask Denny Liao to update the entry or send us the correct address or (Jen Ma)
If references are entirely missing, you can add them using this form.