success in opening up their domestic markets to international trade and foreign investments. Therefore, the policy of attracting foreign investment has become an integral part of the economic policy of many countries, with the help of which seek to achieve economic growth. A flow of foreign capital is a source of competitiveness for both foreign investors and for the economies receiving investments. The value of foreign direct investment (FDI) to the economy in all countries of the world, especially in
Foreign direct investment (FDI) plays an important role in the growth and development of an economy. It is more important where domestic savings is not sufficient to generate funds for capital investment. Developing countries in Asia, Africa and Latin America have come increasingly to see foreign direct investment (FDI) as a source of economic development, modernization, income growth, employment, and so poverty reduction. This is apparently reflected by their currently pursued economic policies
Findings: FDI plays vital role in achieving sustainable economic development in the host country. FDI has both positive as well as negative impact on economic growth of the host country. FDI benefits the host country in numerous ways. It has a huge positive impact on economic growth and development of host country in a sustainable manner. Some of the positive impacts of FDI on host country are discussed below: 1. Better financial opportunities: FDI makes a contribution to economic development by
. “The impact of foreign debt on the economic growth of Pakistan Research problem: The problem of this proposal is to distinguish between the negative and positive impacts of foreign aid. I highlighted the relationship between the two variables impact of foreign aid and economic growth. I want to analyze that whether is it positive or negative? I want to analyze that the increment in foreign aid affects our imports and exports gap and also the saving investment gap either negatively
definitions of globalization as it has many different aspects and angles, many different dimensions however this research paper uses the basic definition to explain globalization which is a process that is a combination of international trade and investments which helps brings people, companies and nations together by interaction and interchange of ideas. Globalization leads to new areas of development and wealth creation however there are mixed views and perceptions about it when it comes to the social
A glance at chart 2 reveals that there is more than double fold increase in domestic and foreign tourist arrivals from 2000 to 2014. The percentage of total tourist’s arrival in the state has increased from 2.61 in 2000 to 7.70 in 2014. But in the year 2005 we can see a negative growth rate in the tourist arrival. This can be further explored by comparing the compound growth rate of foreign tourist arrivals with the domestic tourist arrivals in the state and total tourist arrival as a whole. For
In India, it is not only dealing with India’s trade, also it has impact on the Indian economy. WTO has both good and bad effect on Indian economy. • WTO plays a major role in the export earnings of the Indian economy. There are two types of exports that are merchandise export and service export. WTO helped the Indian economy for the growth in the both sectors. There is a significant
run unidirectional causality from the globalization to growth can be observed. The beneficial effect of globalization on growth is further supported by Leita (2012). This study investigates the determinants of growth for United State of America between the year 1995 to 2008 by using the fixed effect and Generalized Method of Moments approach. The model uses intra industry trade, foreign direct investment and economic, social and political globalization as the determinant of growth. The empirical analysis
the GE model is using to investigate its effects. The main objective of this study to generalize the economic crisis globally by using general equilibrium model and SMEs are to provide a detailed review of the sector. Using simple random technique is used for collecting four provinces data and using cross-sectional data from 400 SMEs were also collected. General inflation increased and decreased standard of living and purchasing power and it has negative impact on the development of SMEs. Globalization
the parties involved have been suggested, for instance, the compulsory Better patent protection, compulsory licensing, Stricter trademark enforcement, etc. Providing a general outlook on the Mergers and acquisitions and their opinion towards foreign investments, they have stated how India is the next big research and development