Foreign Direct Investment

Harvard Institute for world-wide maturation HARVARD UNIVERSITY Development Discussion topics Foreign invest enthronisation in India: Issues and Problems Nirupam Bajpai and Jeffrey D. Sachs Development Discussion paper no 759 March 2000 © Copyright 2000 Nirupam Bajpai, Jeffrey D. Sachs, and President and Fellows of Harvard College Foreign Direct enthronement in India Issues and Problems Nirupam Bajpai Jeffrey D. Sachs Abstract In this paper, we have attempted to mention the issues and problems associated with Indias current foreign direct investiture regime, and more than merchandiseantly the other associated factors responsible for Indias unattractiveness as an investment location. Despite India fling a large domestic market, dominion of law, low constancy costs, and a well working democracy, her feat in attracting FDI flows has been far from satisfactory. A confining FDI regime, high import tariffs, exit barriers for firms, stringent labor law s, despicable quality infrastructure, change decision- qualification processes, and a very limited scale of merchandise processing zones make India an unattractive investment location.

Keywords: economic principle reform, FDI, foreign direct investment, and India JEL codes: F21, F23 Nirupam Bajpai is an Associate at the Harvard Institute for world(prenominal) Development and Director of the India Program at HIID. Jeffrey D. Sachs is the Director of the Center for world(prenominal) Development and Galen L. Stone Professor of International Trade at the Department of Economics at Harvard University. He is also a Faculty Fellow at HIID. HIID Development Discussion Paper ! No. 759 1 Introduction Indias economic polity reforms have vie a critical role in the performance of the Indian economy since 1991. Among other things, the reforms have involved opening the economy, making it more competitive, getting the government push through of the huge drop-off of regulation, empowering the states to take more responsibility for economic...If you call for to get a full essay, order it on our website: BestEssayCheap.com

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