South Asia Economic Focus, Fall 2016 : Investment Reality Check

South Asia defies a sluggish world economy and continues its path of gradual acceleration during 2016. Led by a solid India, the region remains a global growth hot spot. While South Asian economies proved resilient vis-à-vis external headwinds such as China’s slowdown or uncertainty surrounding mone...

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Main Author: World Bank
Format: Serial
Language:English
en_US
Published: Washington, DC: World Bank 2016
Subjects:
Online Access:http://hdl.handle.net/10986/25096
id okr-10986-25096
recordtype oai_dc
spelling okr-10986-250962021-04-23T14:04:28Z South Asia Economic Focus, Fall 2016 : Investment Reality Check World Bank ECONOMIC GROWTH ECONOMIC POLICY ECONOMIC RISKS EXTERNAL VULNERABILITY FISCAL POLICY INFLATION AND PRICES INVESTMENT MACROECONOMIC DEVELOPMENT AND OUTLOOK SOUTH ASIA TRADE INDIA FOREIGN DIRECT INVESTMENT INVESTMENT CLIMATE South Asia defies a sluggish world economy and continues its path of gradual acceleration during 2016. Led by a solid India, the region remains a global growth hot spot. While South Asian economies proved resilient vis-à-vis external headwinds such as China’s slowdown or uncertainty surrounding monetary policy in advanced economies, some are beginning to feel the sting from slowing remittance flows or waning oil price dividends. Against this backdrop of relative stability but fading tailwinds, India is set to grow at 7.6 percent in 2016, the same speed as in 2015, but may increase its pace again in 2017 to 7.7 percent. The region will remain steadfast in the face of future volatility and is expected to grow at 7.1 percent in 2016, however, its medium term performance strongly hinges on investment and exports. Downside risks are concentrated around political uncertainty as well as fiscal and financial vulnerabilities. While export growth is set to return to positive territory, it will deliver only gradually as global demand picks up. A reality check reveals that private investment – the key future growth driver across South Asia – is yet to be ignited to sustain and further increase the pace of economic activity. 2016-09-28T20:12:01Z 2016-09-28T20:12:01Z 2016-10-03 Serial 978-1-4648-0992-7 http://hdl.handle.net/10986/25096 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC: World Bank Publications & Research :: Publication Publications & Research South Asia South Asia India
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ECONOMIC GROWTH
ECONOMIC POLICY
ECONOMIC RISKS
EXTERNAL VULNERABILITY
FISCAL POLICY
INFLATION AND PRICES
INVESTMENT
MACROECONOMIC DEVELOPMENT AND OUTLOOK
SOUTH ASIA
TRADE
INDIA
FOREIGN DIRECT INVESTMENT
INVESTMENT CLIMATE
spellingShingle ECONOMIC GROWTH
ECONOMIC POLICY
ECONOMIC RISKS
EXTERNAL VULNERABILITY
FISCAL POLICY
INFLATION AND PRICES
INVESTMENT
MACROECONOMIC DEVELOPMENT AND OUTLOOK
SOUTH ASIA
TRADE
INDIA
FOREIGN DIRECT INVESTMENT
INVESTMENT CLIMATE
World Bank
South Asia Economic Focus, Fall 2016 : Investment Reality Check
geographic_facet South Asia
South Asia
India
description South Asia defies a sluggish world economy and continues its path of gradual acceleration during 2016. Led by a solid India, the region remains a global growth hot spot. While South Asian economies proved resilient vis-à-vis external headwinds such as China’s slowdown or uncertainty surrounding monetary policy in advanced economies, some are beginning to feel the sting from slowing remittance flows or waning oil price dividends. Against this backdrop of relative stability but fading tailwinds, India is set to grow at 7.6 percent in 2016, the same speed as in 2015, but may increase its pace again in 2017 to 7.7 percent. The region will remain steadfast in the face of future volatility and is expected to grow at 7.1 percent in 2016, however, its medium term performance strongly hinges on investment and exports. Downside risks are concentrated around political uncertainty as well as fiscal and financial vulnerabilities. While export growth is set to return to positive territory, it will deliver only gradually as global demand picks up. A reality check reveals that private investment – the key future growth driver across South Asia – is yet to be ignited to sustain and further increase the pace of economic activity.
format Serial
author World Bank
author_facet World Bank
author_sort World Bank
title South Asia Economic Focus, Fall 2016 : Investment Reality Check
title_short South Asia Economic Focus, Fall 2016 : Investment Reality Check
title_full South Asia Economic Focus, Fall 2016 : Investment Reality Check
title_fullStr South Asia Economic Focus, Fall 2016 : Investment Reality Check
title_full_unstemmed South Asia Economic Focus, Fall 2016 : Investment Reality Check
title_sort south asia economic focus, fall 2016 : investment reality check
publisher Washington, DC: World Bank
publishDate 2016
url http://hdl.handle.net/10986/25096
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