Abstract
With 40 per cent of the world’s population, India and China are potentially both the world’s largest markets and the biggest host countries for EU foreign direct investment (FDI). Investment from abroad has been a major driving force in the attainment of high growth rates in these countries? The attraction of inward investment has occurred as a result of unprecedented programmes of economic reforms, which were facilitated by the phenomenon of trade liberalization and globalization of both production and investment. It became clear to both the Chinese and Indian governments that their economic take-off could only be achieved by attracting technology-embodied foreign investment. Given their size and their level of development, 3 China and India are apparently direct competitors for FDI.
Original language | English |
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Title of host publication | China and India |
Subtitle of host publication | Economic Performance and Business Strategies of Firms in the Mid 1990s |
Publisher | Palgrave Macmillan |
Pages | 16-41 |
Number of pages | 26 |
ISBN (Electronic) | 9780333995082 |
ISBN (Print) | 9780333729748 |
DOIs | |
Publication status | Published - 1 Jan 2016 |