Promoting FDI in SAARC Countries
6 Pages Posted: 5 Oct 2015
Date Written: September 30, 2015
In South Asia, more than a half billion people live below the poverty line. This causes increase in criminal and terrorist occurrences. At this moment, development of human capacity should be the number one priority for SAARC countries. Perhaps, employment generation and entrepreneurial development are the best tools to eliminate poverty as it will increase the gross domestic product (GDP) and export earnings of SAARC member-states - ensuring faster and inclusive economic growth of the region. A common initiative must be taken to increase investments in SAARC countries either by SAARC entrepreneurs or to attract foreign direct investment (FDI) into South Asia. In order to promote employment generation and poverty alleviation for each of the member-states, promotional packages should be offered to attract new investments.
Keywords: FDI inflow to SAARC, Trends of FDI into SAARC, SAARC countries performance to attract foreign investment
JEL Classification: H54
Suggested Citation: Suggested Citation