International Journal of Application or Innovation in Engineering & Management
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Call for Paper, Published Articles, Indexing Infromation Marco Economic sustainability in India : Partisan Theory Approach, Authors : Kavya Krishnamoorthy, Anu Antony, International Journal of Application or Innovation in Engineering & Management (IJAIEM), www.ijaiem.org
Volume & Issue no: Volume 9, Issue 12, December 2020

Title:
Marco Economic sustainability in India : Partisan Theory Approach
Author Name:
Kavya Krishnamoorthy, Anu Antony
Abstract:
Abstract How well the Indian government in its foreign policy formulation with respect to Partisan Theory? This question is addressed using exchange rate in the investment decisions of investors. From investors perspective investment is a sort of asset building, either a domestic investment or investing in host countries. Domestic investment may lead to the creation of domestic savings, consumption, and employment. Foreign Investment can decrease the domestic saving gap. The main objective of the study is to examine the role of exchange rate in generating confidence among the investors on a macro perspectives. The independents variables for the study include domestic stock market performance such as SENSEX and NIFTY and FOREX reserve. The descriptive design has been adopted forthe study using secondary data. Statistical tools such as regression and correlation has been used to analysis the data. Data has been taken from 2004 to 2019.The full sample is further divided into two sub samples (2009-14 and 2014-19) of evaluating volatility effect on exchange rate under two different political scenarios. Data further classified into two sub period based on two governments such as UPA and NDA. The results indicate during the era of UPA government, exchange rates was concerned on foreign investment. While in 2014-19, the Government of India lead by NDA succeed in attracting the confidence of foreign investors. FDI becomes insignificant independent variables while considering the exchange rate as dependent variable. Keyword : Partisan Theory, Exchange rate, FDI
Cite this article:
Kavya Krishnamoorthy, Anu Antony , " Marco Economic sustainability in India : Partisan Theory Approach " , International Journal of Application or Innovation in Engineering & Management (IJAIEM), Volume 9, Issue 12, December 2020 , pp. 011-017 , ISSN 2319 - 4847.
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