IDEAS home Printed from https://ideas.repec.org/a/voj/journl/v57y2010i3p333-347id192.html
   My bibliography  Save this article

Economic Development and Foreign Direct Investment: How to Create Sustainable Development An Analysis of the Potential for Sustainable Development on the Indian Subcontinent

Author

Listed:
  • Nathalie Homlong
  • Elisabeth Springler

Abstract

Focusing critically on the effects of the conditions for foreign direct investment on sustainable growth in the recipient country, this paper analyzes the potential for investments in environmental innovations in India. The definition of sustainability applied in this paper incorporates economic development and investment which promotes environmentally and socially friendly production and innovation. As the Indian economy experienced strong growth in GDP in recent years, but is still lagging behind in providing the basic needs of clean water, clean air and proper waste management for households and companies, the necessity for sustainable development exists. From a methodological point of view this paper uses macroeconomic data to evaluate quantitatively the potentials and needs of Indian states. This results in a state ranking showing the potential for sustainable development in selected Indian states, based on economic and environmental indicators. Key words: Sustainable development, Regional analysis, Foreign direct investment, Environmental indicators, India.JEL: R11, F23, O11, O57.

Suggested Citation

  • Nathalie Homlong & Elisabeth Springler, 2010. "Economic Development and Foreign Direct Investment: How to Create Sustainable Development An Analysis of the Potential for Sustainable Development on the Indian Subcontinent," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 57(3), pages 333-347.
    • Handle: RePEc:voj:journl:v:57:y:2010:i:3:p:333-347:id:192
    as

    Download full text from publisher

    File URL: https://panoeconomicus.org/index.php/jorunal/article/view/192/186
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Sustainable development; Regional analysis; Foreign direct investmen; Environmental indicators; India;
    All these keywords.

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:voj:journl:v:57:y:2010:i:3:p:333-347:id:192. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ivana Horvat (email available below). General contact details of provider: https://panoeconomicus.org/index.php/jorunal/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.