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International Journal of Development in Social Sciences and Humanities

(By Aryavart International University, India)

International Peer Reviewed (Refereed), Open Access Research Journal

E-ISSN:2455-5142 | P-ISSN:2455-7730
Impact Factor(2021): 6.013 | Impact Factor(2022): 6.725
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Paper Details

Relationship Between Foreign Direct Investment (FDI) And Economic Growth

Vol. 16, Issue 1, Jul-Dec 2023 | Page: 88-97

Neelam Singh
Associate Professor, Economics Department, VMLG PG College Ghaziabad

Received: 25-10-2023, Accepted: 14-12-2023, Published Online: 20-12-2023


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Abstract

This research demonstrates the significance of sector-specific foreign direct investment (FDI) in determining the beneficial benefits of FDI on economic development and, therefore, which sector ought to be prioritised for liberal policies regarding foreign investment in light of the ability of the domestic economy to absorb foreign investment. It highlights how sectoral foreign direct investment (FDI) enhances development in developing nations, which is a contribution to the little body of material that exists. It is employed to provide policymakers with a realistic tool for the purpose of mobilising foreign direct investment (FDI) in order to maximise economic development that is both inclusive and sustainable. To summarise, the remaining components of the research were organised as described below. Further discussion is focused on selection of empirical studies that have been conducted for the same areas.

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