OECD Investment Policy Reviews: India 2009
OECD Investment Policy Reviews: India charts India's progress in developing an effective policy framework to promote investment for development, especially since the acceleration of economic reform from 1991 onward. It focuses on policies towards investment, trade, competition and other elements of the business environment. Finally, it outlines some of the challenges of implementing national-level reforms at state level.
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Progress and Challenges at State Level
This chapter examines variations in economic growth across states during the reform period and explores possible links with policies towards investment, including foreign direct investment (FDI). The evidence indicates that economic policy reforms are a necessary condition for investment attraction, along with investment in human capital. Maharashtra is cited as an example of successful reform and investment promotion. The chapter ends with tentative suggestions for improving the investment performance of India’s states.
Also available in: French
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