Fdi and Economic Growth in India

Book Details

• Publisher: Rawat Publications

• Author: Narayan Sethi

• Language: English

• Edition: 1/e (2013)

• ISBN: 9788131605905

• Pages: 264

• Cover: Hardcover

• Dimensions: 8.6 x 5.6 x 1.2 inches

About the Book

Foreign Direct Investment (FDI) has emerged as a crucial engine for economic development, especially for emerging economies like India. This insightful book by Narayan Sethi presents a comprehensive analysis of how FDI inflows contribute to India's economic growth by enhancing productivity, introducing advanced technologies, and improving managerial expertise. At the same time, it critically evaluates the challenges posed by trade liberalization, including potential macroeconomic instabilities and balance of payments concerns.

Focusing on the period from 1974 to 2011, the book applies bi-variate regression and Ordinary Least Squares (OLS) estimation techniques to study the impact of FDI on India's Gross Domestic Product (GDP). The findings clearly establish a positive correlation between FDI and GDP growth, reinforcing the role of foreign investments as a catalyst for economic progress.

The book also delves into the motivating factors behind FDI inflows and outlines the barriers faced by investors in the Indian context. By bridging empirical research with policy insights, this work serves as a valuable resource for economists, policymakers, researchers, and students interested in international trade, development economics, and the evolving dynamics of India’s economic landscape.