Outward Direct Investment from India

Prema-chandra Athukorala

Departmental Working Papers from The Australian National University, Arndt-Corden Department of Economics

Abstract: This paper examines emerging patterns and economic implications of Indian foreign direct investment from a historical perspective against the backdrop of the evolving role of developing-country firms (emerging multinational enterprises, EMES) as an important force of economic globalisation. 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 internationalisation of domestic companies and the nature of their global operations. The findings cast doubts on the popular perception of the recent surge in outward FDI from India as an unmixed economic blessing, given the remaining distortion in the domestic investment climate

Keywords: India; FDI; Emerging-Economy MNEs (search for similar items in EconPapers)
JEL-codes: F21 F23 O53 (search for similar items in EconPapers)
Pages: 49 pages
Date: 2009
New Economics Papers: this item is included in nep-cwa and nep-dev
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Citations: View citations in EconPapers (20)

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Persistent link: https://EconPapers.repec.org/RePEc:pas:papers:2009-14

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