Regaining momentum
South Asia is regaining its economic momentum, but the recovery in the world's region with the largest number of poor people could falter in the absence of a stronger investment climate. The combined growth of Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka was...
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2015
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oai:scholar.dlu.edu.vn:DLU123456789-591592023-11-11T06:31:34Z Regaining momentum Markus Kitzmuller David Gould Martin Rama Economic development Southeast Asia South Asia Economic policy South Asia is regaining its economic momentum, but the recovery in the world's region with the largest number of poor people could falter in the absence of a stronger investment climate. The combined growth of Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka was just 4.7% in 2012, substantially below pre-crisis levels. Much of the recent slowdown in economic growth can be attributed to stagnating investment. Total fixed investment grew by 2.6% in 2012, down from a high of 16.7% in 2010. The performance varies widely across the region. At the same time, the region is now more vulnerable because current account balances have widened, foreign direct investment has slowed, and persistently high inflation has limited the ability for central banks to use monetary policy to counter any economic downturn. Because of rising imports, countries in South Asia are also more vulnerable to increases in commodity prices. 2015-11-19T06:59:41Z 2015-11-19T06:59:41Z 2015 Book https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/59159 en application/pdf Springer |
| institution |
Thư viện Trường Đại học Đà Lạt |
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Thư viện số |
| language |
English |
| topic |
Economic development Southeast Asia South Asia Economic policy |
| spellingShingle |
Economic development Southeast Asia South Asia Economic policy Markus Kitzmuller David Gould Martin Rama Regaining momentum |
| description |
South Asia is regaining its economic momentum, but the recovery in the world's region with the largest number of poor people could falter in the absence of a stronger investment climate. The combined growth of Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka was just 4.7% in 2012, substantially below pre-crisis levels. Much of the recent slowdown in economic growth can be attributed to stagnating investment. Total fixed investment grew by 2.6% in 2012, down from a high of 16.7% in 2010. The performance varies widely across the region. At the same time, the region is now more vulnerable because current account balances have widened, foreign direct investment has slowed, and persistently high inflation has limited the ability for central banks to use monetary policy to counter any economic downturn. Because of rising imports, countries in South Asia are also more vulnerable to increases in commodity prices. |
| format |
Book |
| author |
Markus Kitzmuller David Gould Martin Rama |
| author_facet |
Markus Kitzmuller David Gould Martin Rama |
| author_sort |
Markus Kitzmuller |
| title |
Regaining momentum |
| title_short |
Regaining momentum |
| title_full |
Regaining momentum |
| title_fullStr |
Regaining momentum |
| title_full_unstemmed |
Regaining momentum |
| title_sort |
regaining momentum |
| publisher |
Springer |
| publishDate |
2015 |
| url |
https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/59159 |
| _version_ |
1782538315511103488 |