Foreign Direct Investment in India and China: The Creation of a Balanced Regime in a Globalized Economy
نویسنده
چکیده
Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 207 R I. Economic Background . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 213 R A. The Movement Toward Market Liberalization: Benefits . . 213 R B. Benefits of FDI to Emerging Markets . . . . . . . . . . . . . . . . . . . 214 R C. The Costs of Liberalization and the Hesitancy for Reform . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 216 R II. China’s Investment Regime . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 219 R A. Background to China’s Investment Regime . . . . . . . . . . . . . 219 R B. China’s Legal Entities for Foreign Investment . . . . . . . . . . 220 R C. China’s Regulatory Environment . . . . . . . . . . . . . . . . . . . . . . . 221 R D. M&A Regulations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 222 R III. India’s Investment Regime . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 225 R A. The Legal and Regulatory Environment . . . . . . . . . . . . . . . . 225 R B. M&A Regulations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 226 R IV. Striking the Balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 226 R A. Differences Between Each Regime. . . . . . . . . . . . . . . . . . . . . . 226 R B. Policy Objectives . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 231 R C. Differences in Context . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 234 R D. Performance of Each Regime . . . . . . . . . . . . . . . . . . . . . . . . . . 236 R V. Proposals for Change . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 239 R Conclusion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 244 R Appendix . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 247 R A. China: FDI and GDP Regression . . . . . . . . . . . . . . . . . . . . . . . 247 R B. India: FDI and GDP Regression . . . . . . . . . . . . . . . . . . . . . . . . 247 R
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