scholarly journals Trends in Foreign Direct Investment and Economic Growth of India with Special Reference to Tamil Nadu

Foreign Direct Investments (FDIs) are welcomed by various host countries with multiple objectives such as capital infusion, technological up-gradation and managerial know-how. This measure is carried out at substantial cost of offering various incentives in terms of providing land for industrial investments, supply of uninterrupted power, ensuring problem free labour relation environment etc. These measures are taken by any government on a basis which will have a specific time frame, in order to not let investment become a drain on the economy of the host country. This study intends to evaluate the impact of FDI on the economic growth of India and in the state of Tamil Nadu, the most industrialised and urbanised economy in India. With proactive governance and path breaking policy initiatives and structural reforms, the state has emerged as one of the leading industrialised states of India. The period of this study has been taken for ten years from 2008-09 to 2018-19. The data on the inflow of FDI during this period and the flow of FDI from various source countries have been collected along with the data on various economic parameters pertaining to infrastructure such Gross National Income (GNI), Net National Income (NNI) and Per Capita Net National Income (PCNI). The data collected for the study are entirely the secondary data published by both the state and central governments. The analysed results of the study reveal that the inflow of FDI into India during the study period has been consistent and been growing significantly, as the economy of the country and the dynamic transformation of global economy demanded. This inflow of FDIs has consistently created a positive impact on the economic indicators, making it an essential factor to be very attentively looked after for a sustained growth.

2021 ◽  
Vol 4 (1) ◽  
pp. 92
Author(s):  
Tea Kasradze ◽  
Nino Zarnadze

Numerous studies show that there is a positive correlation between education and the economic development of the country. Strong education systems have a positive impact not only on the success of individuals but also on the economy of the entire country. Graduates equipped with the skills required by the labor market can easily find a place in this market. Knowledge and skills relevant to market demand increase productivity have a positive impact on economic growth and development. Unfortunately, Covid Pandemic has severely damaged the education systems. Governments, scientists, and experts provide us with statistical information daily around the world about both the slowdown in economic growth as a whole and the problems of individual sectors of the economy. These are the problems and numbers that are already visible and it can be said that the losses are easily measurable. However, the damage caused to the economy by education systems affected by the pandemic will be felt by countries and humanity years later, nor will it be easy to calculate. The problem is even more difficult in poor and developing countries. This paper aims to study the impact of the Covid Pandemic on the education system and economy in Georgia. The research examines the reports and studies of various international organizations, analyzing the secondary data obtained from them. Local policy documents, government reports and regulations, and papers of different researchers have also been studied, conclusions have been made and relevant recommendations have been developed.


2016 ◽  
Vol 12 (28) ◽  
pp. 459
Author(s):  
Nasim Akhter ◽  
Sabahat Akram ◽  
Bashir Ahmed Khilji ◽  
Shahid Hussain

In this paper a study was carried out to assess the contribution and impact of forestry resource on the economy of the State of Azad Jammu & Kashmir, as 42% of the total area is covered by forests. To conduct the study both secondary and primary data was used. Secondary data was collected from different public sector concerned departments. Primary data was collected through a comprehensive questionnaire from 212 selected respondents by using convenience sampling of 3 Forest Divisions which were 16% of total targeted population. Multiple Regression Model was applied by using last twenty years secondary data of ten sectors of the economy. The value indicates goodness of fit of the model. The results show that forestry resources are an important contributor to the state’s National Income. The study recommends concerted efforts and integrated policy making to conserve the fragile eco system of mountainous areas like AJK. The primary and secondary data reveals that 16000 people are availing job opportunities through forestry resource.


Author(s):  
Tang My Sang

Through the secondary data collected from 2009 to 2018, the research used Var method to test the impact of monetary policy on economic growth in Vietnam. The results show that there is a relationship between the variables of monetary policy and economic growth, in which the money supply has a positive impact at a high significant level, interest rates have a negative impact on Vietnam economic growth. From the results obtained, the research proposed solutions for operating monetary policy.


2022 ◽  
Vol 4 (3) ◽  
pp. 645-654
Author(s):  
Sheyila Putri ◽  
Aldy Fernando Lubis ◽  
Annisa Fahira ◽  
Deva Kumala Sari ◽  
Dewi Chofifah

The level of a province can be seen from its economic growth, seen from the aspect of the value of exports and imports which have an influence on a trade between provinces. After the occurrence of covid-19 which had a major impact on Indonesian trade and the global economy. As a result of the pandemic, there have been major changes in world trade patterns, such as the lockdown system implemented in Indonesia. This study aims to determine the development of exports and imports of North Sumatra Province through indicators of export and import values. The data analysis technique in this research is descriptive data analysis. The source of data in this study is secondary data taken in (2016/2020) which is downloaded via www.bps.go.id, especially export and import data during the development of a new economic life order in North Sumatra Province. The results show that there is an increase that can be seen from the increase in the volume and value of imports and exports in a province, a decrease in the volume and value of imports and exports of imports, the development of a new economic order of life. With good economic growth, it will increase national income, the community will be prosperous in terms of the economy. In the last decade, exports continued to increase in 2021 to reach Rp. 13 trillion. Many studies have stated that in the past year, export-import cases have fluctuated during the COVID-19 period. And this pandemic has taught us the need to encourage export and import diversification, diversification of supplying countries and product destinations. produced in order to develop in a new life order. Keywords: Export, Import, New Era, Economic Growth


Media Ekonomi ◽  
2019 ◽  
Vol 25 (2) ◽  
pp. 107
Author(s):  
Asti Karlina Dewi

<em>The research is analyzing the Impact of Capital Acumulation, Export, MEC, Inflation and Governace System on Indonesian Economic Growth. </em><em>The model tries to combine the supply side (capital accumulation and MEC) and the demand side (export and inflation), also by including government systems for predicting the factors affecting economic growth. The data used are secondary data obtained from BPS, BI and other data sources from 1987 to 2016 (except data from 1998, 1999, and 2000 due to data in that year's is extreme). To find out whether there is a difference in the phenomenon of economic growth in centralized systems with decentralize system used dummy variables.</em> <em>The results of the study showed that the model is significant in explaining changes in economic growth. The impact of capital accumulation on economic growth is positive significant, as well as the impact of exports. But the impact of MEC as well as of inflation on economic growth is not significant.  By seeing that the variable dummy has a significant positive impact on economic growth, it can be argued that economic growth in the decentralized system is better than the centralized.</em>


2021 ◽  
Vol 17 ◽  
pp. 41-54
Author(s):  
Vu Tuan Anh ◽  
Tran Ngoc Khanh Linh

Most studies on the effect of the role of institutional quality on the relationship between foreign investment and economic growth have been carried out in Western countries. Very few studies on the above-mentioned relationships have been done in Asian countries during. This paper will be conducted in Asian countries using the following three models: Pooled OLS, Fixed effect model, and Random effect model. This paper uses secondary data from 10 Asian countries from 2011 to 2018. The empirical results show that (1): FDI has a positive effect on the economies of the countries. Asia between 2002 and 2018 (2) The quality of the state strengthens the impact of FDI on the economies of Asian countries between 2011 and 2018. These findings imply that if improving the quality of institutions, the state will attract more FDI and economic development The research paper is based on the scientific approach of quantitative methods to solve the problems posed, practical and effective service for the completion of the research purpose. The secondary data collected from the worldbank.org to create asymmetric data tables will be processed on STATA software.


2018 ◽  
Vol 7 (4) ◽  
pp. 4637
Author(s):  
Hayder A. H. Al-Juboori ◽  
Muhannad A. M. al Shalal ◽  
Ghassan I. A. al Ju bouri

The Maastricht Agreement included a set of financial and monetary standards that the expan-sion countries committed to implement to ensure economic convergence with the most ad-vanced countries in the European Union. The most important of these criteria is to maintain a moderate debt and deficit ratio to the GDP and to keep interest rates and inflation within a certain ceiling. The implementation of these standards even before joining the Federation in 2003 and it continues to date with the existence of relative differences between countries in the extent of their commitment to the proportions determined and according to the economic situation of both of them in particular and the global economy in general, and the current study was to measure the impact of the development The criteria for monetary and financial convergence referred to above are based on the economic convergence expressed in economic growth (per capita income growth) in seven of the expansion countries. A 13-year study period was adopted with the use of the cross-sectional approach to data processing. The research concluded that the application of convergence criteria In the seven expansion coun-tries contributed to the positive impact on economic growth.   


2019 ◽  
Vol 15 (1) ◽  
pp. 14-22
Author(s):  
Endang Kusdiah Ningsih ◽  
Dwi Eka Novianty ◽  
Sri Ermeila

Economic growth of any counties had positive and negative impact. A positive impact is an increase in national income and negatif impact are inequility of personal income distribution and development disparities. Economic growth in province of South Sumatera also had that impact. The purposes of this research is to prove empirically relationship and patterns of linkages between economic growth and development disparities. The data that used is secondary data obtained from Central Statistic Agency in the form of economic growth rates, gross regional domestic product per capita and total population of the province of South Sumatera during the period 2010-2017. The analysis use with Williamson Index to measure development disparities and Pearson Correlation to find out the relationship between economic growth and development disparities and to prove Kuznets hypothesis. The result of this analysis are : (1)development disparities in the province of South Sumatera during the period 2010-2017 , including height indicated by the Williamson Index more than 0,5. (2) Pearson Correlation is -0,253 show that there is a negatif relationship between economic growth and development disparities and this proved that the Kuznets hypothesis (curve U-Reserved) also occur happen in this province. It means, that economic growth is inversely proportional to development disparities.(3) R Square is 0,064 , means the effect ofeconomic growth on development disparities is 6% and 94% influenced by other factors


2021 ◽  
Vol 18 (1) ◽  
pp. 151-164
Author(s):  
Tetiana Bogdan ◽  
Vitalii Lomakovych

The acceleration of the global economy’s financialization with the spread of the COVID-19 pandemic highlights the risks of financial markets volatility, boom and bust cycles, violation of price stability, and debt sustainability. In such conditions, the high degree of Ukraine economy’s external openness, significant amounts of external debt, and lack of domestic investment and credit resources raise the issue of external financial threats to the national economy. This study aims to identify the risks of financialization and debt accumulation across the globe, specify protective arrangements and vulnerabilities of Ukraine’s credit system to external shocks and develop a set of policy actions for global risks mitigation in Ukraine. To achieve this goal, available theoretical sources and policy studies were reviewed, and international databases of financial indicators have been analyzed. As a result, the underdevelopment of the financial system in Ukraine and insufficient use of the credit levers by the private sector are revealed, which impede economic growth but simultaneously mitigate the impact of external shocks in Ukraine’s economy. On the other hand, high external debt reliance is confirmed, which increases the risks of financialization and cross-border capital flows for Ukraine’s economy. A set of financial and organizational measures (targeted at eliminating credit and debt distortions in Ukraine and creating a financial basis for sustainable economic growth) are devised; they refer to development of the national capital market, fiscal policy adjustment, acceleration of the foreign direct investments inflows, shifts in the NBU’s monetary policy, and the management of foreign exchange reserves.


2017 ◽  
Vol 20 (3) ◽  
pp. 325
Author(s):  
Jamilah Jamilah ◽  
Bonar M. Sinaga ◽  
Mangara Tambunan ◽  
Dedi Budiman Hakim

This study aims to analyze the impact of slowing economic growth in China and devaluation of the yuan on the performance of agricultural trade Indonesia. The research used a simultaneous equations model and estimated using the 2-SLS method. The results showed that the trade cooperation Indonesia - China has a positive impact on increasing production, price, investment, consumption, exports, imports, and Indonesia's national income post-CAFTA takes effect over the previous period. China's economic growth led to increased China's exports to Indonesia, but the increase Indonesia's exports to China relatively constant. At the time of CAFTA takes effect, slowing economic growth in China and devaluation of the yuan is expected negatively impact to the performance of the agricultural sector and trade Indonesia, because of the decline in demand for Chinese imports from Indonesia and it caused Indonesian export to China decreased, except for exports of food products, indicating that China's need for food and raw materials for industry. Indonesia's export performance drop will cause the trade of Indonesia deficit higher and destabilizing the economy of Indonesia.


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