We explore the effect of foreign direct investment on economic growth in developing countries, distinguishing between … mergers and acquisitions ("M&As") and "greenfield" investment. A simple model captures the key difference between the two … types of FDI: unlike greenfield investment, M&As partly represent a rent accruing to previous owners, and do not necessarily …

The comparison of the key features of trade integration processes and the economic outcomes in China and India reveals … of public ownership and important regulatory barriers continue to dominate the services sectors. India has gone a long … still persists which likely adds to the hurdles faced by the Indian manufacturing sector. India has revealed a comparative …

Comparisons of India and China have been made for over 50 years. This paper focuses on purchasing power estimates in … China and India in the 2005 round of the UN International Comparison Programme (ICP) that was coordinated by the World Bank … currencies and real product per capita for 146 countries, and the results for China and India are discussed in the context of the …

maintaining moderate inflation, the rate of investment; aggressive effort at domestic resource mobilisation; and structural change …

The paper reviews India's macroeconomic performance and policies since 2000. The first section briefly summarizes key … investment. The second section considers some of the challenges posed to macroeconomic management in this period and the efficacy … to deal with the challenge of the unprecedented surge in external capital inflows into India. The final section outlines …