The paper discusses the implications of trends and patterns in foreign direct investment and of policy and structural changes for foreign direct investment in India in the 90s. Though high economic growth in the 1980s combined with the liberal policies towards FDI int
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Policy And The Problems Of Policy Change: Some Issues
During the eighties there have been stop-start attempts at liberalization and at policy change to give new direction to the economy which had been drifting ever since serious planning had been given up in the mid-sixties with the onset of the recession then. The perio
Structural Determinants Of Openness Of Economies: The Conceptual Basis And Cross-Sectional Evidence
This study argues that structural factors–principally population per capita income and population density–can explain a significant proportion of the variation in openness defined as (exports+imports)/gross national production. It also provides a conceptual and theoretical basis for t
Holding Companies, Performance Contracts And Task Orientation In Public Sector
Two mechanisms being actively pursued to reform the system of public enterprises in India are the holding company and the performance contract or the Memorandum of Understanding (MoU). These have no doubt been useful; the government itself has pinned much hope on the
Multinational Affiliates In India: Why Are They Different From Indian Firms?
This study is conceived within the 'eclectic' paradigm of Kindleberger, Dunning and others. It shows that transnational affiliates in India may not be intrinsically better performers than indigenous firms, but that their niche is altogether different; which perhaps he
Cost And Time Overruns In Public Sector Projects
Delays and cost overruns in public sector investments can raise the capital-output ratio in the sector and elsewhere, bringing down the efficacy of investments. Yet there are no estimates of the delays and cost overruns, and of their opportunity cost. This study arriv
Foreign Direct Investment From India: Ownership And Control Of 'Joint Ventures' Abroad
The phenomenon of foreign direct investments (FDI) from India is substantial and systematic enough to warrant attention. In this empirical study; the pattern and nature of control exercised by the Indian parents, local parties, and possible transnational capital and l
Trends in Foreign Direct Investment from India (1950-1982) Part 2
Foreign direct investment from India is not a marginal phenomenon. It is quite sizeable relative to foreign direct investment into India and private corporate investment in India. It is also quite comparable with the magnitudes of foreign direct investment of the newl