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FOREIGN DIRECT INVESTMENT: CONCEPT, EVOLUTION AND CONTEMPORARY ISSUES

By Shikha Sharma Jaipuriar

Foreign Direct Investment has a distinct role in the globalizing world. This paper starts with a discussion on the concept of foreign investment. Then it touches upon the two dominant theories of foreign investment. Next part deals with the international framework, followed by a brief part on national framework. The final part is about some of the key issues around FDI, namely, economic development, role of NGOs, human rights, sustainable development, and Corporate Social Responsibility.
Key words: Foreign Direct Investment, Multinational Corporations, Human Rights, Sustainable Development, Corporate Social Responsibility

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