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Bose, Tarun Kanti
- FDI Fostering LDC and Emerging Economies-Fact or Myth: An Investigation on Bangladesh
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Authors
Affiliations
1 Business Administration Discipline, Khulna University, Khulna, BD
2 Department of Economics, Jatiya Kabi Kazi Nazrul Islam University, BD
3 Human Resource Management Discipline, Khulna University, Khulna, BD
1 Business Administration Discipline, Khulna University, Khulna, BD
2 Department of Economics, Jatiya Kabi Kazi Nazrul Islam University, BD
3 Human Resource Management Discipline, Khulna University, Khulna, BD
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Journal of Commerce and Accounting Research, Vol 6, No 1 (2017), Pagination: 10-25Abstract
Although the research on vibrant and multidimensional impact of foreign direct investment (FDI) on economic growth is not scarce but its impact on least developed countries (LDC) and emerging economies remains a popular topic. This is mainly because of the diversified nature of these economies. The present study aimed at investigating the impact of FDI on growth from the context of LDC and emerging economies on the basis of the result of Bangladesh. In doing so it has analysed the trend of FDI inflows during the period of 1996-2013 and quantifying the impact of FDI on GDP, Export and Gross domestic investment. The result shows that amount of FDI inflow is following an increasing trend where investment on manufacturing sector is flourishing in the recent past. The impact analysis is made through conducting three simple linear regression models where the result shows that FDI has positive as well as significant impact on GDP, export and gross domestic investment. Due to 1 dollar increase in FDI inflow, GDP is increased by 68.51 dollars whereas in case of export, it is increased by 19.49 dollars and gross domestic investment is increased by 19.60 dollars.Keywords
FDI Inflow Trend, GDP, Export, Gross Domestic Investment.
References
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- Rapid and Phased Trade Liberalisation Pathways to Economic Growth: Evidence from China and India
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Authors
Affiliations
1 Professor, Business Administration Discipline, Khulna University, Khulna, BD
2 Assistant Professor, Human Resource Management Discipline, Khulna University, Khulna, Bangladesh and Doctoral Researcher, Adam Smith Business School, University of Glasgow, GB
1 Professor, Business Administration Discipline, Khulna University, Khulna, BD
2 Assistant Professor, Human Resource Management Discipline, Khulna University, Khulna, Bangladesh and Doctoral Researcher, Adam Smith Business School, University of Glasgow, GB
Source
Journal of Commerce and Accounting Research, Vol 10, No 4 (2021), Pagination: 41-54Abstract
This paper investigates the hypothesis that there is an association between increased levels of trade liberalisation and economic growth through a comparative analysis of two giant emerging economies of the world – India and China. For this purpose the paper examines trends in GDP growth and various trade openness measures via empirical analysis of time-series data of the last 43 years, based on eight key indicators to compare the experiences of the two countries. These indicate that rapid and gradual trade liberalisation of both the countries, coupled with supporting economic, institutional, and infrastructural reforms, and advancement in technology led to the linking of these giants with the global markets, which has significantly contributed towards their economic growth, thereby supporting the phenomena that there is a significant positive relationship between liberalisation and economic growth. While China was seen to be experiencing growth, India was also on the right track. Indicators of both liberalisation and growth reveal that both the countries enhanced their economy significantly as they embraced international trade through trade reforms and economic liberalisation.Keywords
Trade Liberalisation, Economic Growth, India, ChinaReferences
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