Abstract
Trade and investment have never been more important in international political economy than in current times, especially after the 2008 financial crisis, which brought a realization that investment and trade could be a stabilizing force in difficult times. This chapter analyzes the role of the European Union’s foreign direct investment on Asia and India. It examines the extent to which the attraction of FDI in India (and other Asian economies) has depended on the stage of development of the host economy. It highlights the key elements and drivers of the theory of investment development path. It analyses the role of EU FDI in global terms as well as the main arguments that explain the leading role played by the EU and the type of trade and investment relations Brussels seeks to establish with third partners. It deals with the implications of the failure to conclude a Bilateral Trade and Investment Agreement on trade and investment for both India and the EU.
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The production of this chapter has been co-funded by the Erasmus + Programme of the European Union. The European Commission’s support for the production of this publication does not constitute an endorsement of the contents, which reflect the views only of the authors, and the Commission cannot be held responsible for any use which may be made of the information contained therein.
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Arregui, J. (2021). European Union Foreign Investment Policy in Asia and India. In: Jain, R.K. (eds) India, Europe and Asia. Palgrave Macmillan, Singapore. https://doi.org/10.1007/978-981-33-4608-6_4
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