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英国硕士论文:外国直接投资-印度和中国的比较(7)

时间:2017-12-27 15:43来源:www.ukthesis.org 作者:英国论文网 点击联系客服: 客服:Damien
 
The interest rates should be competitive in RBI.
 
Value added tax (VAT) are to be implemented.
 
Reduce the budget deficit through government.
 
Figure: shows the financial states of India and china GDP the total china's financial assets is approximately 220 per cent of GDP at the same time India's financial assets is 160 per cent, countries savings and investment is the great strength for china's financial system and India's financial system is outside occur in savings and investments (Sources: Slide share 2008, slide No:18).
 
3.2. Fundamental policies of FDI
India followed market-distorting policies on both foreign and private investments thus with this estimation about barriers for imports and exports are analyzed. Thus it become necessary to control the production and distribution as well as administered price controls etc. The impacts of opening up policies are likely to open up with foreign trade, investment and technology transfer, which would be much less in large countries of china and India when compared with all other East Asian NICs. China's opening policies in recent years is the success story with the favorable impact is not only for small economies but also for all large continental economies. China and India may not suffer from a large country constriction for adopting the export-oriented, outward-looking development strategy considerably (Park, J. H. 2002). The reformist policy is to fill the domestic savings gap which is necessary for economic development with foreign capital inflows, along with other goals in advanced foreign technology and managerial skills, and to promote exports to increase the foreign exchange earnings of the country. Due to open-door policy China's trade and inflow of foreign direct investment and loans are impressive, thus within a very short time china became a major exporting country, and an export competitor with the East Asian NICs (Newly Industrializing Countries) and ASEAN (Association of Southeast Asian Nations) countries in the Asia Pacific region. The opening policies in china have contributed to the country's economic growth and development considering all domestic economic events. The India's economic reforms undertaken in 1991 in light of China's experience with the export-oriented, foreign direct investment strategy for economic growth and development which has been examined with superiority of export-oriented, outward-looking development strategies. Thus China can provide important lessons and policy implications in economic development for all Third World developing countries like India. The success story of china open to world's economy made it ideal for studying the relationship between trade and development as well as for testing the validity of export-promoting development strategy.
 
3.3. Historical Background and National Goals(责任编辑:quanlei_cai)


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