This is an updated and substantially revised version of Choudbury's 2014 PhD dissertation on business economics, which Nayak supervised at at the Maharaja Sayajirao University of Baroda in Gujarat, India. They examine the relationship between trade and foreign direct investment in the South Asian Association for Regional Co-operation (SAARC) region, explore the intra-regional flow of trade and investment, and investigate the role of government policies responsible for attracting foreign investment and increasing the volume of trade. Annotation ©2020 Ringgold, Inc., Portland, OR (protoview.com)
"Foreign Direct Investment (FDI) flows started gaining traction in South Asia from the late 20th century onwards, when nations from the South Asian Association for Regional Cooperation (SAARC) began moving away from highly controlled regimes and adopting liberal and open economic policies. In the context of surplus labour and capital scarcity faced by South Asian countries such as India, Pakistan, Bangladesh and Sri Lanka, to varying degrees, the economic reform process has provided an opportunity to actively promote inward FDI flows, with the goal of providing the much-needed capital for the growth of this region. Several policy initiatives were undertaken to attract FDI and incentives were announced to fascinate investors, resulting in the inflow of FDI across the region. This book examines FDI inflows in SAARC nations in the light of regional policy changes in the 21st century. It investigates the relationship between trade and FDI in the region, and also provides insights into the ease of doing business in the SAARC region."