Foreign direct investment and growth under economic integration

2005 ◽  
Vol 67 (1) ◽  
pp. 157-174 ◽  
Author(s):  
Ting Gao
Author(s):  
Rudresha C. E

International economic integration plays a significant role in the growth and development of any country, whether rich or poor. And foreign direct investment (FDI) is one of the major components in the process of achieving international economic integration in any economy. As is known, FDI serves as a link between investment and savings. This is true even in the case of India which is facing the deficit of savings and which can be addressed with the help of FDI. It (i.e., FDI) also helps in raising the growth and development of the economy. India is one of the leading markets at the global level. It has emerged as one of the attractive destinations in the world with a significant change in the inflow of FDI. The journey of FDI is very interesting with the introduction of liberalized policy through new economic policy 1991 and also other policy reforms of Government of India. It has witnessed a drastic change in the inflow and direction of foreign investment in Indian economy. In this backdrop, an attempt is made in this paper to examine country-wise, sector-wise and region-wise FDI inflows in Indian economy during last 19 years, 2000-01 to 2018-19. KEY WORDS: Economic Integration, Foreign Direct Investment, Developing Nations, Savings, Policy Reforms


2020 ◽  
Vol 15 (12) ◽  
pp. 62
Author(s):  
Pham Nguyen My Linh ◽  
Nguyen Thi Thu Huong ◽  
Nguyen Ngoc Ha ◽  
Nguyen Minh Hanh

Vietnam is getting deeper and wider in its intergation with international economy, especially after becoming official member of World Trade Organization. This affiliation has benefited Vietnamese enterprises in being treated fairly on worldwide playground. Recently, they have realized there are a lot of oppotunities foreign direct investment. They also cooperate in adjusting Vietnamese State’s conception of offshore funding. This article concentrates in analyzing the fact of foreign direct investment of Vietnamese businesses, points out its achievements, disadvantages and reasons for limits, thus, makes an offer for the promomtion of Vietnamese enterprises to invest abroad directly in the context of world economic integration.


Sign in / Sign up

Export Citation Format

Share Document