Outward foreign direct investment from India

    Research output: Contribution to journalArticle

    Abstract

    This paper examines emerging patterns and economic implications of Indian foreign direct investment against the backdrop of the evolving role of developing country firms (emerging multinational enterprises) as an important force of economic globalization. The novelty of the analysis lies in its specific focus on the implications of changes in trade and investment policy regimes and the overall investment climate for internationalization of domestic companies and the nature of their global operations. The findings cast doubt on the popular perception of the recent surge in outward foreign direct investment from India as an unmixed economic blessing, given the remaining distortion in the domestic investment climate.
    Original languageEnglish
    Pages (from-to)131-153
    JournalAsian Development Review: Studies of Asian and Pacific Economic Issues
    Volume26
    Issue number2
    Publication statusPublished - 2009

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