Asia Pacific: The starting line

Author: | Published: 24 Mar 2015

Indian finance minister Arun Jaitley's budget announcement at the end of February sparked much optimism, both within and outside the country. Many see it as a sign that Prime Minister Narendra Modi's government is finally making the changes needed to open the country to inbound investment. But to truly encourage foreign direct investment (FDI), its government – and related institutions – must first commit to long-term reform....