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Foreign Direct Investment and Poverty Reduction: India in Regional Context, Manmohan Agarwal and Pragya Atri, 2015

Published in 2015

Abstract: It is widely proclaimed that capital account liberalisation would immensely benefit developing economies because once capital controls are lifted capital would flow from the capital abundant rich countries to the capital scarce developing countries. This free movement of capital could possibly increase growth thereby lifting millions out of poverty. India has ...