TY - JOUR
T1 - Policy of foreign direct investment liberalisation in India
T2 - implications for retail sector
AU - Masharu, Utsav
AU - Nasir, Muhammad Ali
PY - 2018/12/1
Y1 - 2018/12/1
N2 - This study has analysed the impact of liberalisation of Indian economy and FDI policy on the retail sector since its implementation in the 1990s. It also further analyses sub-categories by investigating its impact on the unorganised retail sector and the flow of FDI in single-brand retail and multi-brand retail sectors. A comprehensive and critical review of the existing evidence on the subject was carried out, and descriptive statistical analysis of data from 1991 to 2013 was performed which leads to conclude that the policy of FDI liberalisation has proved to provide diversification and sustainable development to the Indian economy and specifically retail sector which is considered to be one of the significant pillars of economy. Furthermore, for continuous growth of the economy, it seems vital to encourage more investment in other sectors by liberalising the restrictive policies.
AB - This study has analysed the impact of liberalisation of Indian economy and FDI policy on the retail sector since its implementation in the 1990s. It also further analyses sub-categories by investigating its impact on the unorganised retail sector and the flow of FDI in single-brand retail and multi-brand retail sectors. A comprehensive and critical review of the existing evidence on the subject was carried out, and descriptive statistical analysis of data from 1991 to 2013 was performed which leads to conclude that the policy of FDI liberalisation has proved to provide diversification and sustainable development to the Indian economy and specifically retail sector which is considered to be one of the significant pillars of economy. Furthermore, for continuous growth of the economy, it seems vital to encourage more investment in other sectors by liberalising the restrictive policies.
KW - FDI
KW - Organised and unorganised retail
KW - Retail sector
KW - Single-brand retail and multi-brand retail
KW - Trade liberalisation
KW - Transition economies
UR - http://www.scopus.com/inward/record.url?scp=85049554475&partnerID=8YFLogxK
U2 - 10.1007/s12232-018-0306-y
DO - 10.1007/s12232-018-0306-y
M3 - Article
AN - SCOPUS:85049554475
VL - 65
SP - 465
EP - 487
JO - International Review of Economics
JF - International Review of Economics
SN - 1865-1704
IS - 4
ER -
