|World Investment Report 2017|
This report presents foreign direct investment (FDI) trends and prospects at global, regional and national levels. FDI flows to developing Asia contracted by 15% to $443 billion in 2016. This decline was relatively widespread, except in South Asia, where several countries including Bangladesh and Nepal are expected to receive more FDI in the coming years. The report investigates the internationalization patterns of digital multinational enterprises, as well as the effect of digitalization on global companies across all industries. It provides insights to policymakers on how the digital economy impacts investment policies and how investment policy can support digital development, with a view toward achieving the SDGs.
Author: United Nations Conference on Trade and Development
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Tags: FDI, Global Value Chains, Investment, Policy, South Asia, UNCTAD, Bangladesh, India, Nepal
|Unlocking the Potential of Regional Economic Cooperation and Integration in South Asia|
At a modest 6% of total trade, intraregional trade in South Asia stands at less than one third of its full potential. Trade barriers and inadequate infrastructure have cost South Asia over US $54 billion per year in lost export opportunities. With 309 million people living on less than $1.90 a day—the largest concentration of poverty in the world—South Asia should urgently pursue broad-based regional economic cooperation that could enable effective responses to the subregion’s developmental challenges. This report examines the state of economic integration in South Asia and identifies potential areas for further strengthening subregional linkages. It provides recommendations on policy actions to increase market integration, improve connectivity, boost investment in infrastructure development, and tackle shared vulnerabilities and risks. It calls for the consolidation and upgrading of existing trade and investment cooperation initiatives into a South Asia Comprehensive Economic Partnership.
Author: United Nations Economic and Social Commission for Asia and the Pacific
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Tags: BIMSTEC, Investment, Regional Cooperation, SAARC, South Asia, Sustainability, Sustainable Development, Trade, UNESCAP, Bangladesh, Bhutan, India, Maldives, Myanmar, Nepal, Sri Lanka
|Climbing Higher: toward a Middle-income Nepal|
Nepal is experiencing modest growth but brisk poverty reduction. It has halved the poverty rate in just seven years and witnessed an equally significant decline in income inequality. Yet Nepal remains one of the poorest and slowest-growing economies in Asia, with per capita income falling behind its regional neighbors. The report discusses the need for comprehensive policy reform to address the country’s challenges in becoming a lower-middle-income country by 2030. The report outlines suggested reforms to facilitate greater investment and improved productivity, build new sources of growth, and deepen human capital.
Author: World Bank Group
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Tags: Employment, Investment, Nepal, Poverty Reduction, Trade, Transport, WB
|Capital Market Integration in South Asia|
This book discusses the potential capital market products and activities within South Asia that stakeholders in the region could explore to help the South Asian Association for Regional Cooperation (SAARC) region further realize its potential. Conventional investment, such as funds, global depository receipts, as well as promising opportunities that factor the region's demographics and socioeonomics are considered in this book, with arguments aimed toward investors and institutions. The book demonstrates both retail and institutional investor interest in this combined high-growth region by offering scope for yield, diversification and risk mitigation, maximized upside from multiple growth markets, minimized downside through low-correlation constituents, and makes the case why now is an opportune time to look at SAARC.
Author: Sourajit Aiyer
Tags: Investment, SAARC, Trade, Economic Corridor
|Competitiveness of South Asia’s Container Ports: A Comprehensive Assessment of Performance, Drivers, and Costs|
As a result of inefficiencies in South Asia’s container ports, the average cost of exporting or importing a container in the region is more than double that in East Asia. Better port logistics could help increase trade, diversify exports, attract more foreign direct investment, and spur economic growth. As container traffic continues to grow in South Asia, the best way to improve port performance is by increasing productivity. This report examines the performance of the 14 largest container ports in the region, identifying key drivers of port performance and examining differences in performance across ports.
Author: Matías Herrera Dappe and Ancor Suárez-Alemán
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Tags: Customs, Economic Growth, FDI, Infrastructure, Investment, South Asia, Trade, WB
|South Asia Economic Focus, Fall 2016: Investment Reality Check|
South Asia continues on a path of gradual acceleration in 2016, led by a solid India. However, amid the resilience to external headwinds, including China’s slowdown and uncertainty surrounding monetary policy in advanced economies, South Asia is starting to feel the effect of slowing remittance flows or waning oil price dividends. Against this backdrop, this World Bank publication forecasts growth for the region at 7.1% in 2016, with its medium-term performance strongly dependent on investment and export turnout. India is set to grow at 7.6% in 2016, with the same speed as in 2015, but may increase its pace again in 2017 to 7.7%. The report highlights how private investment is a key future growth driver across South Asia that could help further boost the pace of economic activity.
Author: World Bank
Download - 5.52 MB
Tags: India, South Asia, Investment, Economic Growth, WB, Export
|Nepal Investment Guide 2016|
Nepal Investment Guide 2016 was published to provide information about investment opportunities in Nepal and the process of doing business. It identifies potential sectors for investment; relevant government agencies for foreign businesses; existing laws on labor, taxation, and imports and exports; special economic zones; and comparative benefits to investors.
Author: Nepal Office of the Investment Board
Download - 7.97 MB
Tags: Nepal, Import, Export, Investment
|SAARC: The Way Ahead|
This Observer Research Foundation Issue Brief examines the South Asia Association for Regional Cooperation as a regional grouping that is almost three decades old. It discusses trade arrangements such as the South Asian Preferential Trading Arrangement aimed towards a higher level of intraregional trade liberalization and economic cooperation, including the South Asia Free Trade Area for reduction of Customs duties on traded goods. The paper further studies areas of energy, connectivity, foreign direct investment, trade in services and subregional cooperation. The South Asia Subregional Economic Cooperation Program is offered as one of the steps in the direction of having a viable option for subregional cooperation.
Author: Jayshree Sengupta
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Tags: Regional Cooperation, SAARC, Trade, Connectivity, Energy, FDI, Investment, Free Trade Agreements, Services, South Asia
|Asia-Pacific Countries with Special Needs Development Report 2015|
In the Asia-Pacific region, 36 out of the 58 economies are considered countries with special needs (CSN), which include least developed countries (LDC), landlocked developing countries, and small island developing States. This report highlights important areas that should be addressed as key priorities by CSNs such as economic diversification, external trade, South-South cooperation, and official development assistance including foreign direct investment. Bhutan and Nepal met the criteria for graduation from LDC status as of 2013. Other countries such as Bangladesh have a good chance of meeting the graduation criteria by 2018. Among the Small island developing States, Maldives is considered a success story in broadband internet connectivity. The results of this research show that Asia-Pacific CSNs must choose their paths to diversification carefully, depending on country circumstances.
Author: United Nations Economic and Social Commission for Asia and the Pacific
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Tags: Asia-Pacific, Least Developed Countries, Small Island Developing States, Bangladesh, Bhutan, Energy, FDI, Investment, Maldives, Nepal, Trade, Transport, UNESCAP
|Impact of Trade Facilitation on Foreign Direct Investment|
This United Nations Economic and Social Commission for Asia and the Pacific Trade and Investment Working Paper attempts to quantify the potential impact of trade facilitation on foreign direct investment (FDI) flows. The study uses bilateral FDI data from 2006 onward from both developing and developed countries, including South-South FDI flows, wherein contiguity (common border between source and host country) and geographic distance are found to be much more important factors. In applying an augmented FDI model framework to determine the effect of comprehensive international trade costs, the results show that both non-tariff and tariff costs are important determinants of FDI inflows.
Author: Yann Duval and Chorthip Utoktham
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Tags: FDI, Trade Facilitation, Bilateral Trade, UNESCAP, Investment, Tariff, Bangladesh, Maldives
|ASEAN, PRC, and India: The Great Transformation|
This joint study by the Asian Development Bank and the Asian Development Bank Institute highlights the Association of Southeast Asian Nations, the People’s Republic of China, and India (collectively referred to as ACI economies) as drivers of the global economy. It explores links among ACI economies and how these may shape regional and global competition and cooperation. The study also notes that Asia’s leading economies can foster a positive outcome through a paradigm shift toward inclusive, green, and knowledge-led growth. Adoption of low-carbon, green growth strategies can help place ACI economies on a sustainable growth path. Furthermore, infrastructure and human capital investments can link ACI economies through region-wide free trade and investment agreements.
Author: Asian Development Bank and Asian Development Bank Institute
Download - 4.2 MB
Tags: India, Asia-Pacific, Regional Cooperation, ADB, ASEAN, Investment
|Economic Implications of Deeper South Asian–Southeast Asian Integration: A CGE Approach|
High tariff and non-tariff barriers, and costly transport links and inefficient trade facilitation measures continue to hamper the growth of trade between South Asia and Southeast Asia. This paper explores whether potential gains from improved connectivity—via Myanmar as inter-regional bridge—justify a high level of investment. Using an advanced computable general equilibrium (CGE) model, reduction of inter-regional tariffs, decreasing of non-tariff barriers by 50%, and cutting down of trade costs between South Asia and Southeast Asia by 15% yields a prediction of 8.9% rise in welfare in South Asia and Southeast Asia, and an increase of 6.4% in gross domestic product by 2030.
Author: Ganeshan Wignaraja, Peter Morgan, Michael Plummer, and Fan Zhai
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Tags: Transport, Trade Facilitation, South Asia, Southeast Asia, Regional Integration, Tariff, Trade, Connectivity, Investment, Myanmar, GDP
|Opportunity Cost of Natural Gas Subsidies in Bangladesh|
This paper examines the impact of optimal gas pricing policy using a general equilibrium model for the Bangladesh economy. It estimates the opportunity cost of underpricing or subsidizing gas in Bangladesh. It further explores the potential impacts of an increase in investment on social and physical infrastructure using the social accounting matrix multiplier model. The results reveal that Bangladesh is losing a significant development opportunity due to its gas subsidy. Calculations using a dynamic computable general equilibrium model suggest that withdrawal of the gas subsidy along with increased investments in physical and social infrastructure would lead to positive macroeconomic and sectoral effects in Bangladesh.
Author: Herath Gunatilake and Selim Raihan
Download - 6.29 MB
Tags: Bangladesh, Energy, ADB, Investment
|Trade and Investment Barriers Affecting International Production Networks in India|
Recognizing India as an outlier in development of international production networks with the lowest participation among Asian countries, this study investigates the reason for India’s lackluster participation in production-sharing networks. Using desk work, field surveys, and interviews, an analysis is adopted with three comparator countries in the region that have been successful in production-sharing arrangements as well as industrial growth – China, Malaysia, and Thailand. It further describes foreign direct investment inflows into India, analyzes behind-the-border investment environment, and provides recommendations to improve investment climate and hasten the pace of manufacturing development in India.
Author: Anwarul Hoda and Durgesh Kumar Rai
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Tags: India, Trade, Production Networks, Investment, Thailand, Manufacturing, Customs, Economic Corridor, Energy, Trade Facilitation, Transport
|SAARC Biz: The Inevitability of South Asia |
SAARC Biz is a monthly publication of the SAARC Chamber of Commerce & Industry and features a report on the 'Inevitability of South Asia'. While the term 'South Asia' is commonly accepted, it argues that regionalism is far from being implemented on the ground. For instance, SAARC was accepted as a concept of cross-border regionalism but was hobbled due to budget constraints and restrictive mandates. Connectivity across national frontiers is needed to jump-start regionalism and improve lives in the most deprived parts of the Subcontinent.
Author: SAARC Chamber of Commerce and Industry
Download - 2.31 MB
Tags: South Asia, Regional Cooperation, SAARC, Industrialization, Regional Integration, Poverty Reduction, Gender, Least Developed Countries, Connectivity, Agriculture, Bangladesh, Youth, India, Environment, Investment, Tourism, Renewables
|Attracting Foreign Direct Investment: What Can South Asia's Lack of Success Teach other Developing Countries?|
Despite South Asian nations experiencing increased foreign direct investment (FDI) flows over the past decade by gaining a large share of cross border investments, FDI inflows in South Asian countries still remain the lowest relative to gross domestic product (GDP) among developing country regions. This paper uses an empirical model that accounts for possible trends in convergence in the ratio of FDI to GDP between countries and cross-sectional data for 78 countries from 2000 to 2011. In examining the historical patterns of South Asia’s FDI and its connection with the policy environment, policymakers can identify constraints to FDI and boost potential for broad-based growth.
Author: David M. Gould, Congyan Tan and Amir S. Sadeghi Emamgholi
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Tags: South Asia, Trade Policy, FDI, GDP, Investment, Governance, Transparency, Economic Growth, Financial Sector, Regional Cooperation, Trade
|Same Energy, More Power: Accelerating Energy Efficiency in Asia |
Energy efficiency is often defined as delivered energy service per unit of energy supplied into a system. Among the range of technology options that exist to provide energy service, energy efficiency approaches are the most cost competitive.
Author: Asian Development Bank
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Tags: Energy, South Asia, Energy Efficiency, Investment, Hydropower, India, Infrastructure
|Returned 17 publications|