Buy custom Foreign Direct Investment In India Since 1991: Trends, Challenges And Prospects
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Business
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Number of pages / Number of words: |
24 / 6545 |
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Regarding impact of FDI in the economy of developing countries economists like Griffin, Singer and Weisskof found a negative impact while, economists like Chenery and Strout found favourable effect of foreign capital inflow on the economic efficiency and growth towards the developing countries (Mathiyazhagan, 2005)...
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The basic reasoning behind the advocacy of FDI lies in the fact that these countries are lacking in domestic saving and investment, which leads to lower economic growth, lower income, consumption and low level of employment. Thus to bridge the gap between investment need of a country and its domestic savings, FDI is considered as an important tool...
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General points of the essay
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