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Is foreign portfolio Investment beneficial to India’s balance of Payments? : An Exploratory analysis

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  • George, Justine

Abstract

As oppose to the expectation, financing of BoP with foreign investment exerted huge cost on India’s BoP. Dividend and capital gain are found to be the two cost of FPI on BoP, in which latter would considered as cost on BoP only if it is repatriated. FPI earns huge capital gain as compared to dividend and has significant evidence for repatriation.

Suggested Citation

  • George, Justine, 2016. "Is foreign portfolio Investment beneficial to India’s balance of Payments? : An Exploratory analysis," MPRA Paper 70456, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:70456
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    File URL: https://mpra.ub.uni-muenchen.de/70456/1/MPRA_paper_70456.pdf
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    References listed on IDEAS

    as
    1. Valerie Cerra & Sweta Chaman Saxena, 2002. "What Caused the 1991 Currency Crisis in India?," IMF Staff Papers, Palgrave Macmillan, vol. 49(3), pages 1-5.
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    More about this item

    Keywords

    BoP; FPI;

    JEL classification:

    • F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements

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