Role of FDI in Indian Economy (A Concern of the FDI and Indian Regime)
Dr. Brijesh Kumar () and
Anuj Singhal ()
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Dr. Brijesh Kumar: Lecturer, Faculty of Commerce and Business Administration. D.N. College, Meerut.
Anuj Singhal: Chartered Accountant, Research Scholar.
Journal of Commerce and Trade, 2006, vol. 1, issue 2, 46-48
Abstract:
The last two decades of the 20th century witnessed a marked change in attitude of most developing countries towards foreign capital, accompanied by a dramatic world wide increase in foreign direct investment (FDI). Most countries now regard FDI as beneficial for their development efforts and compete with each other to attract it. The success of many Asian economies (China, South Korea, Singapore, Thailand, and Malaysia) is largely attributable to high level of foreign investment and export promotion.Though India has one of the most transparent and liberal FDI regimes among the developing countries with strong macro-economic fundamentals, its share in FDI inflows in dismally low. The country till suffers from weaknesses and constraints, in terms of policy and regulatory framework which restrict the inflow of FDI.
Keywords: stress; employee attraction; pressure; turnover; retention strategies (search for similar items in EconPapers)
JEL-codes: A0 C0 (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:jct:journl:v:1:y:2006:i:2:p:46-48
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