Assessment of Government’s FDI Policies in the Health Care Industry
DOI:
https://doi.org/10.5281/zenodo.10792301Keywords:
fdi, healthcare industry, government policyAbstract
The healthcare sector has been flourishing effectively in India compare to the rest of the world. Medical travel, telemedicine, hospitals, surgical instruments, clinical trials, outsourcing, and health insurance are all included in the healthcare industry. The rapid expansion of the Indian healthcare sector is being driven by the country's huge coverage, services, and increasing public and private expenditure. To establish the performance of FDI in the healthcare industry the study assessed the different policy measures taken by the government in the health sector and tried to gauge the effect of FDI in the healthcare industry concerning policy measures taken by the government. A descriptive analysis method is used in this study to assess the performance of FDI in the health sector concerning the UK, USA, and BRICS countries. The Paper showed that the liberalisation of government policies has induced FDI to perform better in the healthcare industry.
Downloads
References
Banco Central Do Brasil. (n.d.). Direct investment liabilities (Inwards) - Equity capital - Gross inflows. Retrieved 26 February 2024 from: https://www.bcb.gov.br/.
Bank of Russia (n.d.). Direct investment liabilities (Inwards) - Equity capital - Gross inflows. Retrieved 26 February 2024 from: https://cbr.ru/eng/statistics/macro_itm/svs/.
Census. (2021). Foreign direct investment involving UK companies (directional): inward. Office for National Statistics. https://www.ons.gov.uk/businessindustryandtrade/business/businessinnovation/datasets/foreigndirectinvestmentinvolvingukcompanies2013inwardtables/current.
Chanda, R. (2010). Constraints to foreign direct investment in Indian hospitals. Journal of International Commerce, Economics and Policy, 1(1), 121-143.
Fact Sheet on Foreign Direct Investment. Department for Promotion of Industry and Internal Trade. Government of India. Retrieved February 26, 2024 from: https://dpiit.gov.in/publications/fdi-statistics.
Foreign Direct Investment in the United States: Position by Detailed Industry of U.S. Affiliate, 2009-2019 (n.d.) Bureau of Economic Analysis. U.S. Department of Commerce. https://www.bea.gov/international/di1fdibal.
Foreign Direct Investment in the United States: Position by Detailed Industry of U.S. Affiliate, 2020-2022 (n.d.) Bureau of Economic Analysis. U.S. Department of Commerce. https://www.bea.gov/international/di1fdibal.
Healthcare Industry Report. (2023). India brand equity foundation. https://www.ibef.org/industry/healthcare-india.
India's Doctor-Patient Ratio of 1:854 Better Than WHO's 1:1000: Minister. (2022, July 22). NDTV. https://www.ndtv.com/india-news/indias-doctor-patient-ratio-of-1-854-better-than-whos-1-1000-minister-3184601.
Itumalla, R., & Acharyulu, G.V.R.K. (2012). Indian healthcare and foreign direct investment: challenges & opportunities. Asia Pacific Journal of Marketing & Management Review, 1(2), 57-69.
Karadima, S. (2022). FDI in healthcare in 2021: The state of play. Investment Monitor.
Sarwal, R. Prasad, U. Madangopal, K. Kalal, S. Kaur, D. Kumar, A. Regy, P., & Sharma, J. (2021). Investment opportunities in India’s healthcare sector. NITI Aayog.
Sharma, V. (2023). Foreign direct investment and policies in the health sector in Asia and the Pacific. Asia-Pacific Trade and Investment Trends 2022/2023. file:///C:/Users/HOMERA/Downloads/ESCAP-2022-TIID-RP-FDI-Policies-Health-Sector-in-AP.pdf.
Sinha, M. (2023). Foreign direct investment (FDI) and its impact on India. International Journal of Economic Perspective, 17(03), 283-289.
South African Reserve Bank (n.d.). Quarterly bulletin. Retrieved 26 February 2024 from: https://www.resbank.co.za/en/home/publications/quarterly-bulletin1?category=Quarterly%20Bulletin%20Publications&year=&rows=25&page=1.
The World Bank. (n.d.). World development indicators: Health systems. World Bank Group. Retrieved February 26 2024 from: https://data.worldbank.org/indicator/SH.MED.BEDS.ZS?view=chart.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 Homera Ashraf, Dr. Susmita Chatterjee
This work is licensed under a Creative Commons Attribution 4.0 International License.
