This paper empirically examines the quantitative relationship between financial inclusion and inclusive growth in sub-Saharan Africa using a panel of 46 countries for the period 2004–2018. The evidence suggests that usage of financial services, among other covariates, has a quantifiable and...

Purpose – The purpose of this paper is to investigate important impediments to knowledge creation within newly-established foreign invested R&D centers in China and India. Design/methodology/approach – The paper presents a framework based on knowledge creation theory in order to understand...

This paper examines the indirect linkages among foreign direct investment (henceforth, FDI) and poverty reduction, where so far there are few studies attempted to analyze empirically these linkages. Yet I have a question: do we believe that FDI inflows are able to contribute to higher growth and...

This paper examines the effects of natural disasters on FDI, considering the case of India. Our analysis evidences persistent investment reductions in affected regions following a disaster as well as lasting positive investment spillovers into unaffected Indian regions. We show that these...

Ever since India decided to globalize, concentrated effort was made to attract Japanese participation through foreign direct investment. However, response from Japan has been rather subdued. This paper attempts to gain some insight into this reluctance of Japanese investors by studying the...

With an increasing number of Indian firms participating in the global market, the early 2000s have witnessed a faster and sustained growth of outward investment from India. However, Indian outward FDI (OFDI) flows have declined in 2008 and the first half of 2009. The global financial and...

The study investigates the relationships between the FDI and economic growth, namely, gross domestic product, export and foreign exchange reserve over the period 1994 to 2013. Johansen's co-integration and vector error correction model have been applied to explore the long-run equilibrium...

The comparison of the key features of trade integration processes and the economic outcomes in China and India reveals that while much has already been achieved in both these economies, the Chinese reforms, especially with respect to manufacturing trade, have gone further and that this is likely...

The importance of Indian multinationals in the world economy has been growing significantly since 1990s. An increasing number of Indian firms across wide range of sectors are undertaking large overseas projects and their focus is gradually shifting towards developed countries. Until then, OFDI...