Creating FDI Friendly Environments in South Asia
The countries of South Asia are ranked among the least competitive in the world and attract the lowest rate of foreign direct investment at just 0.5 per cent of GDP. The region's economic performance is poor. Potential investors see the political risks as "extremely high" since public...
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okr-10986-90732021-04-23T14:02:44Z Creating FDI Friendly Environments in South Asia Irwin, David World Development Report 2005 The countries of South Asia are ranked among the least competitive in the world and attract the lowest rate of foreign direct investment at just 0.5 per cent of GDP. The region's economic performance is poor. Potential investors see the political risks as "extremely high" since public service is exposed to political interference and characterized by bribery and corruption. Investment is flowing to countries with better domestic investment climates: good governance, sound institutions and a system of property rights. To bring investors to South Asia, governments must promote good governance, expand market reforms, reduce the burden of regulation, and work harder and more visibly to establish a liberal policy environment that sustains market incentives and investor trust. 2012-06-26T15:37:51Z 2012-06-26T15:37:51Z 2003 http://hdl.handle.net/10986/9073 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC: World Bank South Asia |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
World Development Report 2005 |
spellingShingle |
World Development Report 2005 Irwin, David Creating FDI Friendly Environments in South Asia |
geographic_facet |
South Asia |
description |
The countries of South Asia are ranked among the least competitive in the world and attract the lowest rate of foreign direct investment at just 0.5 per cent of GDP. The region's economic performance is poor. Potential investors see the political risks as "extremely high" since public service is exposed to political interference and characterized by bribery and corruption. Investment is flowing to countries with better domestic investment climates: good governance, sound institutions and a system of property rights. To bring investors to South Asia, governments must promote good governance, expand market reforms, reduce the burden of regulation, and work harder and more visibly to establish a liberal policy environment that sustains market incentives and investor trust. |
author |
Irwin, David |
author_facet |
Irwin, David |
author_sort |
Irwin, David |
title |
Creating FDI Friendly Environments in South Asia |
title_short |
Creating FDI Friendly Environments in South Asia |
title_full |
Creating FDI Friendly Environments in South Asia |
title_fullStr |
Creating FDI Friendly Environments in South Asia |
title_full_unstemmed |
Creating FDI Friendly Environments in South Asia |
title_sort |
creating fdi friendly environments in south asia |
publisher |
Washington, DC: World Bank |
publishDate |
2012 |
url |
http://hdl.handle.net/10986/9073 |
_version_ |
1764408368283254784 |