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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Main Author: Irwin, David
Language:English
Published: Washington, DC: World Bank 2012
Subjects:
Online Access:http://hdl.handle.net/10986/9073
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spelling 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
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