Developed financial system is one of the important determinants of Foreign Direct Investment (FDI). The article analyzes the impact of financial system development on FDI with respect to BRIC countries for the period 1991 to 2010. Using the panel data analyses, fixed and random effect, our...

Purpose – The purpose of this paper is to examine the causal relationship between economic growth and foreign direct investment (FDI) in context of India. Design/methodology/approach – Using Toda‐Yamamoto granger causality technique, authors tried to examine the causal link between GDP per...