Impact of Fdi on Macroeconomic Parameters of Growth and Development : A Post Liberalisation Analysis
Journal Title: PARIPEX-Indian Journal of Research - Year 2015, Vol 4, Issue 6
Abstract
FDI is now increasingly recognized as an important contributor to a country’s economic performance and international competitiveness. It is not only considered as a stock of capital and foreign exchange but is also seen as a dynamic and efficient vehicle to secure the much needed industrial technology, managerial expertise, marketing know-how and network to improve on growth, employment, productivity and export performance. Keeping in view the pivotal role played by FDI inflows, Government of India has opened the Indian economy for foreign players in 1991. The last twenty years have seen a marked increase in foreign capital inflows towards India. The present paper is an endeavor to examine the impact of FDI inflows on macro-economic parameters of Indian economy. The study has been designed to carry out an elaborate analysis of the country’s Post-liberalization period i.e. from 1992-93 to 2012-13 thereby analyzing the long standing relation of FDI with various macro-economic parameters like GDP, exports, imports and organised employment.
Authors and Affiliations
Dr. Manish Sood
Keywords
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