Journal of Economics and Economic Education Research (Print ISSN: 1533-3590; Online ISSN: 1533-3604)


Impact Of Fdi On Global Economy And Sustainable Development

Author(s): Ratish C Gupta

Foreign Direct Investment (FDI) has become a force to be reckoned with after the Second World War and it has obtained an essential part in the worldwide economy. Any country which draws in inflow of FDI consequently manufactures an association with the world exchange and clears path for advancement. Foreign direct investment has grown rapidly over the past decade. It has boomed between 1980-1990. The foreign direct investment has turned into the largest international lender or borrower for the US and Japan as it provided better technologies, product design etc. Foreign direct investment plays an important role in development of the countries and almost every country wants some reputed companies to invest in their countries for their growth and development. This article endeavours to assess the effect of FDI on the global economy, after long years of financial changes.

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