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Financing of India?s Balance of Payments

 

Marketed By :  LAP LAMBERT Academic Publishing   Sold By :  Kamal Books International  
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  • Product Description
 
There has been an accepted view among the academicians and policymakers that the shift in BoP financing from debt to non-debt flows would expect to remove the vulnerabilities in India?s BoP. There must be a shift in the finance from debt to non-debt capital flows and minimisation of current account deficit was the two main recommendations of Rangarajan committee. Available evidence hardly shows any evidence of strengthening in India?s balance of payment because of the flow of FDI; rather they are creating additional strain on current account of BoP in recent period. This is because FDI firms have significant contribution to current account deficit in India especially after 2003-04 and it happened mainly due to their high trade imbalance (they are having high import relative to their export).Contrary to the expectation, foreign investment has imparted huge cost on BoP. Apart from dividend earnings, FPI also earns huge capital gain from India; a significant part of it was repatriated.
Product Specifications
SKU :COC12697
AuthorJustine George
LanguageEnglish
BindingPaperback
Number of Pages140
Publishing Year7/20/2012
ISBN978-3659192524
Edition1 st
Book TypeEconomics
Country of ManufactureIndia
Product BrandLAP LAMBERT Academic Publishing
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-07-17 00:00:00