Download or read book Foreign Direct Investment and Exchange Rate in India written by Durairaj Kumarasamy and published by . This book was released on 2013 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: The present article attempts to identify the causal nexus among real exchange rate (RER), its volatility and foreign direct investment (FDI) inflows in India using quarterly data from 1990:II to 2008:I. Generalized Auto Regressive Conditional Heteroscedasticity (GARCH) model is employed to obtain conditional variance of RER data series. Besides, Johansen's cointegration technique followed by the vector error correction model (VECM) is employed to examine the objective. The analysis reveals a long run relationship among FDI, RER and the GARCH measure of exchange rate volatility, and also a short run causality flow from RER and its volatility to FDI. However, we find no discernible link from FDI to RER and its volatility in the short run. Thus, the study concludes that depreciation in exchange rate level leads to increase in inflow of FDI, and an increase in FDI is due to decreases in exchange rate uncertainty in the short run.

Download or read book Do Exchange Rate and Its Volatility Deter Foreign Direct Investment FDI to India written by Durairaj Kumarasamy and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the impact of exchange rate levels and its volatility on Foreign Direct Investment in India using quarterly data for the period 1996:2 to 2010:1. The study employed autoregressive distributed lag (ARDL) bounds testing approach to examine the long-run and short-run relationship. Both conditional variance and other measures of volatility have been used to generate exchange rate volatility. The study also considered factors that motivate the foreign investors' decision to invest in India. The results indicated that exchange rate volatility deters FDI in India, suggesting that flexible but stable exchange rate system may be needed to successfully attract FDI inflows in India.

Download or read book Foreign Investment in India written by Chanchal Chopra and published by . This book was released on 2003 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a world of intensifying competition and technological change, the complementary and catalytic role of foreign capital is very valuable. This book presents an emerging scenario in India with regard to different types foreign capital inflows. It examines the trends and patterns of foreign investment in India in the pre and post liberalization periods vis-a-vis the major policy changes during these periods, The book sheds light on significance of foreign investment, emerging markets. It aptly describes how foreign direct investment helps in the economic development of host country by increasing financial resources, providing technology and enhancing professional skills and deliberates on theoretical underpinnings. The statistical profile and analysis provided in the study is revealing. Chapter on Non-resident India's investment in India is thought provoking and provides the policy variables to attract NRI investments. The book also discusses the role of Foreign Institutional Investors (Fll) in the stock market development and analyses how Euro issues phenomenon has emerged after liberalisation. Tax-related issues in respect of foreign investment are discussed to show how the tax incentives to FDI make the investment competitive against domestic companies. Models of foreign direct investment and portfolio investment are given and the determinants of two types of investments are discussed. Since the Vv7O regime is to be fully operational in coming two years, the book analyses the flow of investment in the context of TRIMS, GATS, TRIPs and highlights the implications of proposed agreements on FDI. The book also suggests a strategy to be followed while analyzing the impact of emerging WTO regime on the inflow of foreign investment. This book deals with all aspects of foreign investments and would be of use to all interested in the study of Foreign Investment in India and to policy-makers and students of management, commerce and economics. In a world of intensifying competition and technological change, the complementary and catalytic role of foreign capital is very valuable. This book presents an emerging scenario in India with regard to different types foreign capital inflows. It examines the trends and patterns of foreign investment in India in the pre and post liberalization periods vis-a-vis the major policy changes during these periods, The book sheds light on significance of foreign investment, emerging markets. It aptly describes how foreign direct investment helps in the economic development of host country by increasing financial resources, providing technology and enhancing professional skills and deliberates on theoretical underpinnings. The statistical profile and analysis provided in the study is revealing. Chapter on Non-resident India's investment in India is thought provoking and provides the policy variables to attract NRI investments. The book also discusses the role of Foreign Institutional Investors (Fll) in the stock market development and analyses how Euro issues phenomenon has emerged after liberalisation. Tax-related issues in respect of foreign investment are discussed to show how the tax incentives to FDI make the investment competitive against domestic companies. Models of foreign direct investment and portfolio investment are given and the determinants of two types of investments are discussed. Since the Vv7O regime is to be fully operational in coming two years, the book analyses the flow of investment in the context of TRIMS, GATS, TRIPs and highlights the implications of proposed agreements on FDI. The book also suggests a strategy to be followed while analyzing the impact of emerging WTO regime on the inflow of foreign investment. This book deals with all aspects of foreign investments and would be of use to all interested in the study of Foreign Investment in India and to policy-makers and students of management, commerce and economics.

Download or read book Exchange Rates and Foreign Direct Investment in Emerging Asia written by Ramkishen S Rajan and published by Routledge. This book was released on 2013-03-01 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the rapid growth of China and India and the resurgence of Southeast Asia post-1997–8, emerging Asia has once again become one of the most dynamic regions in the world. This dynamism has in turn been fuelled largely by a carefully calibrated embracement of economic openness to international trade, investments and capital flows. While much has been written about international trade, there has been somewhat less work on the issue of capital flows, macroeconomic management and foreign direct investment (FDI) to and from the region, a gap that this book attempts to fill. The book is divided into two parts. The first part deals with selected issues pertaining to macroeconomic management in small and open economies, with particular focus on exchange rates. The second part of the book deals with the trends and determinants of FDI in emerging Asia, its importance as a source of finance, its impact on growth and development, and the nexus between FDI and foreign portfolio flows (FPI). Overall, the chapters in this book tackle important policy issues of contemporary relevance, but are informed by analytical frameworks, data and empirics. While each of the topic areas chosen in individual chapters is intentionally narrow, the book as a whole covers a number of areas and countries/regions within Asia (i.e. East, Southeast and South Asia). While the chapters have been written in a manner that can stand up to academic scrutiny, they are also meant to be accessible to policy makers, researchers and others who might be interested in FDI and related issues in Asia.

Download or read book 2017 Annual Competitiveness Analysis And Impact Of Exchange Rates On Foreign Direct Investment Inflows To Sub national Economies Of India written by Khee Giap Tan and published by World Scientific. This book was released on 2018-11-30 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book entitled 2017 Annual Competitiveness Analysis and Impact of Exchange Rates on Foreign Direct Investment Inflows to Sub-National Economies of India is the fifth edition of the Asia Competitiveness Institute's flagship analysis of competitiveness covering the sub-national economies of India. The research in this study comes from an effort to recognise the heterogeneity of India and how the variations in the dynamics of competitiveness pan out at the sub-national level.Based on rigorous methodological foundations, the competitiveness study possesses several distinguishing features. First, the competitiveness index is constructed from a holistic set of 75 indicators spanning four different dimensions encompassing (1) macroeconomic stability, (2) government and institutional setting, (3) financial, business and manpower conditions, and (4) quality of life and infrastructure development, which carry equal weights. Second, the Shapley Values approach is used to construct alternative weights for the competitiveness index. Such approach measures the marginal contribution of a particular indicator used in the analysis and is embedded in solid mathematical and theoretical foundations. This serves as a robustness check to the Equal Weights approach. Third, the analysis includes a What-if competitiveness simulation exercise to identify the specific policy areas that each sub-national economy must focus on to improve its rankings.Intrinsically tied to the notion of competitiveness is the issue of maintaining a competitive exchange rate. Using real effective exchange rates as a proxy for competitiveness, this book also undertakes an empirical investigation of the impact of real exchange rates on foreign direct investment inflows at the sub-national level in India.This edition is recommended for academics, undergraduate and graduate students, and professionals interested in India's economic development.

Download or read book Impact of Exchange Rate Fluctuations on Trade and Investment written by and published by . This book was released on 1995 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Foreign Direct Investment in South Asia written by Pravakar Sahoo and published by Springer Science & Business Media. This book was released on 2013-10-01 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the 1990s, the governments of South Asian countries acted as ‘facilitators’ to attract FDI. As a result, the inflow of FDI increased. However, to become an attractive FDI destination as China, Singapore, or Brazil, South Asia has to improve the local conditions of doing business. This book, based on research that blends theory, empirical evidence, and policy, asks and attempts to answer a few core questions relevant to FDI policy in South Asian countries: Which major reforms have succeeded? What are the factors that influence FDI inflows? What has been the impact of FDI on macroeconomic performance? Which policy priorities/reforms needed to boost FDI are pending? These questions and answers should interest policy makers, academics, and all those interested in FDI in the South Asian region and in India, Pakistan, Bangladesh, Sri Lanka and Pakistan.

Download or read book The effect of exchange rate on foreign direct investment written by Purbaya Yudhi Sadewa and published by . This book was released on 2000 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book India s Financial Globalisation written by Ila Patnaik and published by International Monetary Fund. This book was released on 2011-01-01 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: India embarked on reintegration with the world economy in the early 1990s. At first, a certain limited opening took place emphasising equity flows by certain kinds of foreign investors. This opening has had myriad interesting implications in terms of both microeconomics and macroeconomics. A dynamic process of change in the economy and in economic policy then came about, with a co-evolution between the system of capital controls, macroeconomic policy, and the internationalisation of firms including the emergence of Indian multinationals.Through this process, de facto openness has risen sharply. De facto openness has implied a loss of monetary policy autonomy when exchange rate pegging was attempted. The exchange rate regime has evolved towards greater flexibility.

Download or read book Multinationals and Foreign Investment in Economic Development written by E. Graham and published by Springer. This book was released on 2005-04-28 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the past twenty or so years, foreign direct investment (FDI) flows have increased at rates approaching the astounding, especially so during the 1990s. While much of the increase was due to unprecedented cross-border mergers and acquisitions among high-income countries, the amount of FDI flowing to developing nations also grew substantially. This volume examines the economics of this FDI to developing countries. Some chapters are theoretical in nature, others empirical, and still others are largely policy-oriented. Topics covered include whether FDI makes an autonomous contribution to growth in these nations and whether or not 'spillovers' are generated by this investments. Also covered are effects of policy intervention by governments on FDI flows and whether non-economic factors (e.g. cultural factors) might figure as determinants of location of FDI.

Download or read book Foreign Direct Investment written by Niti Sury and published by . This book was released on 2004 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Foreign Direct Investment (FDI) is a subject of topical interest. Countries of the world, particularly developing economies, are vying with each other to attract foreign capital to boost their domestic rates of investment and also to acquire new technology and managerial skills. This book provides glimpses of the patterns, issues and policies involved in FDI flows at the global level and in India."

Download or read book Exchange Rate Effect on Foreign Direct Investment written by William B. Vukson and published by . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Foreign Direct Investment and the Macroeconomy in India written by Pabitra Kumar Jena and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The present study seeks to identify the determinants of Foreign Direct Investment (FDI) flows into India, and also to understand the structural paths between FDI inflows and macroeconomic variables. While regression models are estimated for identifying the determinants, Structural Equation Modeling (SEM) has been employed to trace the structural paths. The study, based on monthly data from August 1994 to May 2015, finds that exports, savings with commercial banks, money supply, exchange rate and inflation rate stand out as significant determinants of FDI flows into India after globalization. The study also identifies 19 significant paths between FDI inflows and different macroeconomic variables. Finally, the paper discusses some of the policy suggestions for better FDI flow into India.

Download or read book Determinants of Foreign Direct Investment written by Sofia Devi Sh and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: India received, over the past two decades substantial amount of Foreign Direct Investment (FDI) inflows. The purpose of this study is to empirically investigate the determinants of FDI inflows in India using time series data for the period 2001-02 to 2011-12. In the analysis, FDI inflows are modeled as a function of market size, total reserves, degree of openness for the host country, exchange rate and lastly expenditure of the central government on economic and social activities. The empirical study observed that market size and availability of foreign exchange reserves are the two main factors that determine the inflow of FDI over the study period. Despite the theoretically expected sign, estimated coefficient of the variable exchange rate bears a positive sign. And variables like Openness and the expenditure of the central government on social and economic activities do not explained the inflow of FDI during the period.

Download or read book Currency Convertibility written by Sumati Varma and published by . This book was released on 2007 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains and examines various aspects of currency convertibility risks and their management. With focus on India, it discusses convertibility experiences of a number of Latin American countries (Argentina, Brazil, Mexico, Chile, Colombia, Peru, Paraguay, Venezuela, Bolivia and Ecuador) amd selected countries of East and South-East Asia (Thailand, help to understand the requisites of a regime of sustainable convertibility.)

Download or read book The Rise of Indian Multinationals written by K. Sauvant and published by Springer. This book was released on 2010-11-22 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: The contributors explore the rapid growth of Indian multinationals and provide valuable insights into the patterns and trends of their outward investments and the factors that led to their emergence in the global FDI market. They also look at their continuously evolving strategies in the global economy.

Download or read book Exchange Rate and Foreign Direct Investment in Emerging Asia written by Ramkishen S. Rajan and published by . This book was released on 2012 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the rapid growth of China and India and the resurgence of Southeast Asia post-1997OCo8, emerging Asia has once again become one of the most dynamic regions in the world. This dynamism has in turn been fuelled largely by a carefully calibrated embracement of economic openness to international trade, investments and capital flows. While much has been written about international trade, there has been somewhat less work on the issue of capital flows, macroeconomic management and foreign direct investment (FDI) to and from the region, a gap that this book attempts to fill. The book is divided into two parts. The first part deals with selected issues pertaining to macroeconomic management in small and open economies, with particular focus on exchange rates. The second part of the book deals with the trends and determinants of FDI in emerging Asia, its importance as a source of finance, its impact on growth and development, and the nexus between FDI and foreign portfolio flows (FPI). Overall, the chapters in this book tackle important policy issues of contemporary relevance, but are informed by analytical frameworks, data and empirics. While each of the topic areas chosen in individual chapters is intentionally narrow, the book as a whole covers a number of areas and countries/regions within Asia (i.e. East, Southeast and South Asia). While the chapters have been written in a manner that can stand up to academic scrutiny, they are also meant to be accessible to policy makers, researchers and others who might be interested in FDI and related issues in Asia. "