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)or (Jen Ma)
If references are entirely missing, you can add them using this form.