000 01115pab a2200157 454500
008 180718b2005 xxu||||| |||| 00| 0 eng d
100 _aNagesh Kumar
245 _aLiberalisation, foreign direct investment flows and development: Indian experience in the 1990s
260 _c2005
300 _ap.1459-469.
362 _a2 Apr
520 _aMost developing countries now offer a welcoming attitude to FDI. After following a somewhat restrictive policy towardes FDI, India has liberalised her policy regime considerably since 1991. This liberalisation has been accompanied by increasing inflows and also by changes in the sectoral composition, sources and entry modes of FDI. The increasing recognition of India's locational advantages in knowledge-based industries among MNEs has led to increasing investments in software development and global R&D centres set up in India to exploit these advantages. This paper reviews the Indian experience with FDI since 1991 in a comparative east Asian perspective. - Reproduced.
650 _aForeign investment
773 _aEconomic and Political Weekly
909 _a64735
999 _c64735
_d64735