International Research Journal of Commerce , Arts and Science

 ( Online- ISSN 2319 - 9202 )     New DOI : 10.32804/CASIRJ

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FDI AND DEVELOPING ECONOMIES (ESPECIALLY INDIA AND CHINA)

    3 Author(s):  ALKA DEVI , DIPPINDER KAUR , SHAGUN AGARWAL

Vol -  5, Issue- 4 ,         Page(s) : 70 - 79  (2014 ) DOI : https://doi.org/10.32804/CASIRJ

Abstract

This paper attempts to analyze the impact of Foreign Direct Investment on growth of developing economies (especially India and China), how FDI helps in the growth of the developing economies, within the framework of new economic policy. The study is descriptive in nature and information is collected from secondary sources. The focus of the paper lies on the Impact of FDI in India on exports, GDP and other macro variables, identify the hard and smooth factors of FDI in India and China, compare the India and Chinese FDI, identify the lessons India can learn from Chinese experience The results show that FDI may play an important role for the development of the developing economies and further increasing growth in their countries.

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2. Rahman D.R, Andreu M.J. (2006):  China and India towards Global Economic Supremacy, 
Academic Foundation, New delhi
                                     
3. De Mello, Luiz (1997) “Foreign direct investments in developing countries and growth: A selective survey”, Journal of Development Studies, vol.34, no.2, pp.115-149;

4. Pradhan, J.P., 2006, Global competitiveness of Indian Pharmaceutical Industry: Trends and 
Strategies, ISID Working Paper 2006/05, ISID, New Delhi.
  
5. TSAI, P.-L. Determinants of foreign direct investment and its impact on economic growth. Journal of Economic Development, v. 19, n. 1, June 1994.
6. NUNNENKAMP, P., SPATZ, J. Determinants of FDI in developing countries: has globalization changed the rules of the game? Transnational Corporations, v. 11, n. 2, Aug. 2002.
 

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