Impact of Socio-Economic Determinants on Foreign Direct InvestmentJournal: International Journal of Mechanical and Production Engineering Research and Development (IJMPERD ) (Vol.10, No. 3)
Publication Date: 2020-06-30
Authors : Anupam Sabharwal Dr Sukhdev Singh; Dr Puran Singh;
Page : 10255-10260
Keywords : Economic Growth; FDI;
Foreign direct investment plays a crucial role in the economic growth of developing countries. It has become more important than trade to enhance international economic transactions. The non-debt creating capital inflow of foreign investors facilitates increasing productivity, enhancing technology, strengthening infrastructure and creating employment opportunities. So every economy seeks to attract FDI through the creation of a liberal atmosphere to foreign investment and the provision of facilities and inducements to the foreign investors. Various Socio-economic determinants are influencing FDI in an economy.
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