Indentifying Bollywood as a crucial factor of India’s economic development: A review analysis

Eleni Bouka, Maria-Marina Merkouri and Theodore Metaxas

MPRA Paper from University Library of Munich, Germany

Abstract: The main content of the following article is to describe the economic growth of an indigenous economy and the factors of its internalization. Bollywood can be used as a paradigmatic showcase for the improvement of ideas in the development of industries of emerging economies. This paper, via an extensive review in several articles, describes Bollywood as an economic factor for Indian’s growth. The reasons that led to this growth are described in an extended way, as well as the role of globalization and Indian’s Diaspora on this development. Finally, it compares the two largest film industries in the world, Hollywood and Bollywood.

Keywords: Bollywood; Diaspora; economic growth; globalization; Hollywood; India (search for similar items in EconPapers)
JEL-codes: L82 L88 N75 O53 Z11 (search for similar items in EconPapers)
Date: 2015, Revised 2015
New Economics Papers: this item is included in nep-cul
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