Macro/Finance Group, NIPFP

Legal restrictions on foreign institutional investors in a large, emerging economy: A comprehensive dataset

Legal restrictions on foreign institutional investors in a large, emerging economy: A comprehensive dataset, Radhika Pandey, Rajeswari Sengupta, Aatmin Shah and Bhargavi Zaveri. Data in Brief, Volume 28, February 2020.

The dataset presented in this article contains information on imposition or relaxation of legal restrictions on foreign investment, by the authorities in a large, emerging economy- India. These restrictions are referred to as capital controls because they act as controls on the capital account of an economy. Legal instruments such as regulations, circulars and notifications published on the websites of the relevant regulatory authorities, have been used as the source of the data. In particular, the dataset discerns information from these legal instruments to identify whether the instrument tightens or eases capital controls on investment by foreign institutions in different asset classes such as debt, equity and derivatives.

Links