The Global Economic Crisis: Impact on Indian Outward Investment

Pradhan, Jaya Prakash (2009): The Global Economic Crisis: Impact on Indian Outward Investment.

Abstract

Indian outward FDI flows have declined in 2008 and the first half of 2009. The global financial and economic crisis appears to have seriously dented overseas investment plans of emerging Indian multinationals. This paper looks at the trends and patterns of Indian OFDI flows in the current crisis period, what led to its slowdown, how Indian multinationals have fared, and what is their revival prospect.

• Item Type: MPRA Paper
• Language: English
• Keywords: India; Outward FDI; Multinationals; Economic Crisis
• Subjects: E - Macroeconomics and Monetary Economics > E3 - Prices, Business Fluctuations, and Cycles > E32 - Business Fluctuations ; Cycles; O - Economic Development, Innovation, Technological Change, and Growth > O5 - Economywide Country Studies > O53 - Asia including Middle East; F - International Economics > F2 - International Factor Movements and International Business > F23 - Multinational Firms ; International Business; G - Financial Economics > G3 - Corporate Finance and Governance > G34 - Mergers ; Acquisitions ; Restructuring ; Corporate Governance; F - International Economics > F2 - International Factor Movements and International Business > F21 - International Investment ; Long-Term Capital Movements

References

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Business Standard (2009) ‘46 companies suffer forex losses of Rs 1,365cr’, May 08.

Davies, K. (2009) 'While global FDI falls, China’s outward FDI doubles', Columbia FDI Perspectives, No. 5, May 26.

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Hindu Business Line (2009) ‘Subsidiaries reduce profits for 2 out of 5 companies’, July 06.

Pradhan, J.P. (2008) ‘India’s Emerging Multinationals in Developed Region’, MPRA Paper, No. 12361, University Library of Munich, Germany.

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