The Concept of Foreign Direct Investment is now a part of India's economic future but the term remains vague to many, despite the profound effects on the economy. Despite the extensive studies on FDI, there has been little illumination forthcoming and it remains a contentious topic. The paper explores the uneven beginnings of FDI, in India and examines the developments (economic and political) ...

In a recent paper Helpman, Melitz and Yeaple (2002) argue firm heterogeneity leads to self-selection in the structure of international commerce. Only the most productive firms find it profitable to meet the higher costs associated with FDI; the next set of firms find it profitable to serve foreign markets through exporting; while the least productive firms find it profitable to serve only domes...

We address the problem of fault detection and isolation in presence of noisy observations for bilinear systems. Our solution rests on results derived in the geometric theory of fault detection.

Active fault isolation of parametric faults in closed-loop MIMO systems are considered in this paper. The fault isolation consists of two steps. The first step is groupwise fault isolation. Here, a group of faults is isolated from other possible faults in the system. The group-wise fault isolation is based directly on the input/output signals applied for the fault detection. It is guaranteed th...

This paper presents a method for distributing centralized control models of discrete events systems (DES). The contribution of our approach is to offer a systematic way to decompose centralised models in order to obtain a modular representation of the production process. We observe as an advantage of this method that the main model properties are preserved and that the knowledge acquired during...

This paper presents a unified fault isolation scheme for process faults and sensor faults in a class of nonlinear uncertain systems. The proposed fault diagnosis architecture consists of a fault detection estimator and a bank of isolation estimators, each corresponding to a particular fault type. Based on the class of nonlinear systems and fault types under consideration, adaptive thresholds ar...

Article history: Received 27 April 2011 Received in revised form 30 November 2011 Accepted 30 November 2011 Available online 8 December 2011 Better corporate governance can reduce the scope for increasing shareholder value and thus discourage M&A FDI inflows. Sound governance may also discourage non-M&A FDI inflows in light of the complementary relationship between M&A and non-M&A FDI. We use f...

A new framework for model based diagnosis is presented using ideas from AI, FDI, and statistical hypothesis testing. The isolation mechanism is based on AI methods, and the main advantage is that multiple faults are handled implicitly. Thus, no special care for isolation of multiple faults is needed. The methods for residual generation, developed in the field of control theory (FDI), can within...

In this paper we analyse the impact of policy uncertainty on foreign direct investment strategies. The paper follows the real options approach, which allows to investigate the value to a firm of waiting to invest and/or disinvest, when payoffs are stochastic due to political uncertainty and investments are partially reversible. Across the board we find that political uncertainty can be very det...

In the past, it has proven very fruitful to organize this conference in cooperation with other institutions. I am especially happy that this year we have been able to win the European Bank for Reconstruction and Development (EBRD) as a partner again. The EBRD is an institution with a long-standing tradition in supporting investment projects in Central and Eastern Europe. For this reason the EBR...