The State, Society, and Foreign Capital in India

Addresses the socio-political factors such as ideas and interests of political actors, which produce the different levels of foreign direct investment (FDI) in states of India.

Sojin Shin (Author)

9781108425063, Cambridge University Press

Hardback, published 30 August 2018

192 pages
23.7 x 15.6 x 1.7 cm, 0.39 kg

'Why do some FDI projects succeed and some fail? A perplexing question everywhere, but particularly so for India where everything and its opposite can be true at the same time. Sojin Shin combines deep scholarship, sharp analysis and rich political economy insights to help us find an answer. A masterly book that policy makers and potential investors must read.' Duvuuri Subbarao, Former Governor, Reserve Bank of India

Why are some states in India able to facilitate foreign capital inflows better while others are not? This book addresses the socio-political factors such as ideas and interests of political actors, which produce the different levels of foreign direct investment (FDI) in states of India. It studies the causal role of disparate state-society relations in the evolution of institutions facilitating and regulating FDI inflows in the states through a comparative case study on the manufacturing industries of Tamil Nadu and Odisha.

Preface
1. Introduction
2. FDI inflows in India: ideas, interests, and institutional change
3. FDI inflows in Tamil Nadu: inclusionary ideas, weakened interests, and incremental institutional change
4. Making FDI work in Tamil Nadu
5. FDI inflows in Odisha: weakened ideas, strong interests, and unstable institutional change
6. Making FDI work in Odisha?
7. Conclusion
Bibliography
Index.

Subject Areas: Political economy [KCP], Economic growth [KCG], Macroeconomics [KCB], Economics [KC], Regional government [JPR], Political science & theory [JPA]