Foreign Direct Investment : An Example Of The Department Of Corporate Secretaryship, Alagappa University, Karaikudi
1619 Words Oct 3rd, 2016 7 Pages
Dr. Shobha Edward,M.C.S.,M.Phil.,P.G.D.P.M.&L.L.,P.G.D.C.S.M.,D.L.T.,
Vice- Principal & Head of the Dept. of Corporate Secretaryship,
K.C.S.Kasi Nadar College of Arts & Science, Chennai- 600021.
Head of the Department of Corporate Secretaryship, Alagappa University, Karaikudi.
One of the most striking developments during the last two decades is the spectacular growth of FDI in the global economic landscape. This unprecedented growth of global FDI in 1990 around the world made FDI an important and vital component of development strategy in both developed and developing nations and policies were designed in order to stimulate inward flows. In fact, FDI provides a win – win situation to the host and the home countries. Both countries are directly interested in inviting FDI, because they benefit a lot from such type of investment. The ‘home’ countries take the advantage of the vast markets opened by industrial growth. On the other hand the ‘host’ countries acquire technological and managerial skills and supplement domestic savings and foreign exchange. Moreover, the paucity of all types of resources viz.…