That openness and economic growth move together is a propostition which is well supported by empirical evidence. This study is a follow-up of our earlier work in which the emphasis was on the trade dimension of openness. In this paper, we focus on foreign investment in the context of the Indian...

Three major, interrelated accounting statements, at the frontiers of quantitative economic analysis, are three interrelated systems, namely: (1) National income and product accounts (NIPA), (2) The input-output tableaux, (IO), and (3) flow-of- funds accounts (FF). The third-mentioned system is...