Foreign capital flows have emerged as key channels of global economic integration all across the world over the past two decades. While foreign direct investment (FDI) flows have been undertaken for a long time by multinational enterprises (MNEs) in the course of their overseas expansion,...

Since its first meeting in December 1999 in Berlin, the Group of 20 or G20 has come a long way to establish its relevance, credibility and emerge as a premier council for global economic cooperation. Initially set up as a group of Finance Ministers and Central Bank Governors of systemically...

Asia-Pacific region has emerged as the growth pole of the world economy over the past decade. However, in the aftermath of global financial crisis, sustaining the dynamism of Asia-Pacific economies would require a rebalancing in favour of greater domestic consumption and exploiting the potential...

To exploit the locational advantages or synergies between the member countries of the regional trading bloc besides facilitating businesses reaping the economies of scale and specialization.