Impact of Regional Economic Integration on FDI in SAARC Countries
Purpose: The empirical literature is inconclusive regarding whether some regions are more effective than others at attracting Foreign Direct Investment (FDI). The article aims to ascertain the effect of regional economic integration on FDI in SAARC member countries from 1998 to 2017. Design/Meth...
Main Author: | |
---|---|
Format: | Article |
Language: | English |
Published: |
CSRC Publishing
2022-03-01
|
Series: | Journal of Accounting and Finance in Emerging Economies |
Subjects: | |
Online Access: | https://www.publishing.globalcsrc.org/ojs/index.php/jafee/article/view/2191 |
_version_ | 1818009492268253184 |
---|---|
author | Jai Kumar |
author_facet | Jai Kumar |
author_sort | Jai Kumar |
collection | DOAJ |
description |
Purpose: The empirical literature is inconclusive regarding whether some regions are more effective than others at attracting Foreign Direct Investment (FDI). The article aims to ascertain the effect of regional economic integration on FDI in SAARC member countries from 1998 to 2017.
Design/Methodology/Approach: Mix research technique has been used. While qualitative research entails in-depth literature readings and reports, quantitative analysis entails presenting data via graphs and tables.
Findings: Findings suggest a significant positive connection between FDI and regional integration in the SAARC economies. While regional integration has a vital role in increasing SAARC's share of global commerce, it has increased FDI inflows and its share in Asia and the world. As a result, while we cannot overlook both classic and non-traditional economic factors affecting FDI, regional integration may play a critical role in fostering FDI growth.
Implications/Originality/Value: By boosting cross-border investment, regional cooperation will allow businesses, particularly those from smaller nations, to expand their size and capabilities to compete worldwide. It can also aid in increasing efficiency and reforming industries. SAARC countries must make significant progress toward integration.
|
first_indexed | 2024-04-14T05:43:32Z |
format | Article |
id | doaj.art-f374ab21d616476e9cd7e7f18c561559 |
institution | Directory Open Access Journal |
issn | 2519-0318 2518-8488 |
language | English |
last_indexed | 2024-04-14T05:43:32Z |
publishDate | 2022-03-01 |
publisher | CSRC Publishing |
record_format | Article |
series | Journal of Accounting and Finance in Emerging Economies |
spelling | doaj.art-f374ab21d616476e9cd7e7f18c5615592022-12-22T02:09:22ZengCSRC PublishingJournal of Accounting and Finance in Emerging Economies2519-03182518-84882022-03-018110.26710/jafee.v8i1.2191Impact of Regional Economic Integration on FDI in SAARC CountriesJai Kumar0Jilin University, Changchun 130012, China Purpose: The empirical literature is inconclusive regarding whether some regions are more effective than others at attracting Foreign Direct Investment (FDI). The article aims to ascertain the effect of regional economic integration on FDI in SAARC member countries from 1998 to 2017. Design/Methodology/Approach: Mix research technique has been used. While qualitative research entails in-depth literature readings and reports, quantitative analysis entails presenting data via graphs and tables. Findings: Findings suggest a significant positive connection between FDI and regional integration in the SAARC economies. While regional integration has a vital role in increasing SAARC's share of global commerce, it has increased FDI inflows and its share in Asia and the world. As a result, while we cannot overlook both classic and non-traditional economic factors affecting FDI, regional integration may play a critical role in fostering FDI growth. Implications/Originality/Value: By boosting cross-border investment, regional cooperation will allow businesses, particularly those from smaller nations, to expand their size and capabilities to compete worldwide. It can also aid in increasing efficiency and reforming industries. SAARC countries must make significant progress toward integration. https://www.publishing.globalcsrc.org/ojs/index.php/jafee/article/view/2191Regional economic integrationFDI,SAARCRTA’s |
spellingShingle | Jai Kumar Impact of Regional Economic Integration on FDI in SAARC Countries Journal of Accounting and Finance in Emerging Economies Regional economic integration FDI, SAARC RTA’s |
title | Impact of Regional Economic Integration on FDI in SAARC Countries |
title_full | Impact of Regional Economic Integration on FDI in SAARC Countries |
title_fullStr | Impact of Regional Economic Integration on FDI in SAARC Countries |
title_full_unstemmed | Impact of Regional Economic Integration on FDI in SAARC Countries |
title_short | Impact of Regional Economic Integration on FDI in SAARC Countries |
title_sort | impact of regional economic integration on fdi in saarc countries |
topic | Regional economic integration FDI, SAARC RTA’s |
url | https://www.publishing.globalcsrc.org/ojs/index.php/jafee/article/view/2191 |
work_keys_str_mv | AT jaikumar impactofregionaleconomicintegrationonfdiinsaarccountries |