George, Justine (2016): Is foreign portfolio Investment beneficial to India’s balance of Payments? : An Exploratory analysis. Published in: Paulien Journal of Research and Studies , Vol. 1, No. 1 (1 September 2013): pp. 153-168.
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Abstract
As oppose to the expectation, financing of BoP with foreign investment exerted huge cost on India’s BoP. Dividend and capital gain are found to be the two cost of FPI on BoP, in which latter would considered as cost on BoP only if it is repatriated. FPI earns huge capital gain as compared to dividend and has significant evidence for repatriation.
Item Type: | MPRA Paper |
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Original Title: | Is foreign portfolio Investment beneficial to India’s balance of Payments? : An Exploratory analysis |
English Title: | Is foreign portfolio Investment beneficial to India’s balance of Payments? : An Exploratory analysis |
Language: | English |
Keywords: | BoP, FPI |
Subjects: | F - International Economics > F3 - International Finance > F32 - Current Account Adjustment ; Short-Term Capital Movements |
Item ID: | 70456 |
Depositing User: | Justine George |
Date Deposited: | 04 Apr 2016 18:55 |
Last Modified: | 27 Sep 2019 16:28 |
References: | Center for Monetary Indian Economy (CMIE) Prowess Database Cerra, V. and Saxena, C.S. (2002) What Caused the 1991 Currency Crisis in India?, IMF staff papers, 49(3), Washington DC, International Monetary Fund. Chandra, N.K. (1977) Role of Foreign Capital in India. Social Scientist, 5(9), pp. 3-20. Chandra, N.K. (1991) Growth of Foreign Capital and Its Importance in Indian Manufacturing. Economic and Political Weekly, 26(11/12), pp. 679-690. Chandra, N.K. (2008) India’s Foreign Exchange Reserves: A Shield of Comfort or an Albatross?. Economic and Political Weekly, 43(14), pp 40-51. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/70456 |