FDI & Industrial Organisation in Developing Countries
P. Kanta Ray

Ocena: 0 (0 głosów)

Analyzing the impact of FDI on industrial organization in India in the midst of changes wrought by globalization is a daunting task. The Indian economy is large and disparate, with a multitude of economic and political institutions and an unsteady record of policy reform. Drawing comparisons with other Asian economies, this monograph identifies the factors that contribute to the successful creation of globally competitive industries by illustrating the nature of interchange between FDI, indigenous capital, industry policy and institutions. It also analyzes the contribution of foreign affiliates and domestic enterprises to industrial development. Using case studies and quantitative analysis, the work reveals new and significant features of Indian business and industry. In view of the recent interest generated regarding India's prowess in high technology sectors and its potential to be the next economic 'powerhouse', the empirical analyses and issues raised in this book are both timely and comprehensive.'This is a timely, important and carefully researched book on the dynamic new India. The evolution of internationally competitive local firms in high technology industries, such as computer software and pharmaceuticals, is explained using both detailed case studies and quantitative analysis. The lessons learned from these successes are used to provide valuable insights for future policy relating to industrial development and foreign investment.' Professor Sid Gray, University of Sydney, Australia