Miscellaneous
In this episode, Co-host Pravin Krishna is joined by Rebecca McGilveray in a conversation with Mary Lovely, Professor of Economics at Syracuse University, on lessons for India from China on Foreign Direct Investment. The episode is recorded on the sidelines of the Columbia Summit on Indian Economy, where Professor Lovely presented her ongoing research on the highly successful experience of China on FDI. She highlights the phenomenal contribution that FDI made to manufacturing exports, raising productivity growth of domestic firms and job creation. She goes on to explain the importance of complementary policies such as those relating to labor and land markets to attract foreign investment. Professor Lovely says that going forward India has a huge opportunity to attract more FDI.