Reform strategies in South Asian countries: a comparative analysis

Rana, Pradumna B.

doi:10.1108/20454451211207606

Cited by 7 publications

(9 citation statements)

References 9 publications

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“…Though the developing countries have been keen and being a success in materializing outcome of trade liberalization, some developing countries, especially the countries in South Asia have not achieved significant success in expanding international trade and lagging behind the performance of East Asian countries (Rana, 2012;Otsuki et al, 2013). As far as the performance of external sectors of South Asian countries is concerned, the countries Nepal, Pakistan, India, Bangladesh and Sri Lanka have been experiencing a trade deficit for past decades.…”

Section: Introductionmentioning

confidence: 99%

Human Capital as a Pushing Factor of Export: The Case of Four South Asian Economies

Bhavan

2017

Asian Development Policy Review

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Article HistoryThis study investigates whether human capital serves as a pushing factor of exports of goods and services. Thus, this study takes four South Asian countries such as Bangladesh, India, Nepal, Pakistan and Sri Lanka into an account to test the relationship between human capital and export performance. The time series data that were extracted from the World Bank and the United Nations Development Program statistical databases, running from 1990 to 2015, used for data analysis. Following the Hausman test, the study employs Fixed Effect model to derive the results. The results suggest that human capital has a positive and significant effect on export performance in these countries, and lead to conclude that focusing on human capital development to enhance the export performance can be seen as one of the strategies to overcome trade deficit.Contribution/ Originality: This study contributes in the existing literature by investigating whether human capital can be a potential to enhance export performance in the South Asian countries. The results derive from this study pass a message to the policy makers to be concentrated over the human capital development to sustain the external sectors in the countries.

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Section: Introductionmentioning

confidence: 99%

Human Capital as a Pushing Factor of Export: The Case of Four South Asian Economies

Bhavan

2017

Asian Development Policy Review

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“…The paper highlights that the Afghan context has been neglected in the CSR debate on South Asia, and presents thereby novel insights indicating the large space for corporations to dictate their business-society relations due to the vacuum of pressures from state authorities and CSOs. The findings present a new account of how CSR is unfolding in South Asia (Rana, 2012) and stand in stark contrast to for instance an Indian state-led agenda (Sharma, 2013). However, the findings relating to the salience of an explicit self-serving and self-regulatory CSR agenda being championed by global MNCs is not entirely new in the South-Asian debate.…”

Section: Novel Contributions To the Debate On Csr In South Asiamentioning

confidence: 93%

CSR in Afghanistan: a global CSR agenda in areas of limited statehood

Azizi

Jamali

2016

South Asian Journal of Global Business Research

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If you would like to write for this, or any other Emerald publication, then please use our Emerald for Authors service information about how to choose which publication to write for and submission guidelines are available for all. Please visit www.emeraldinsight.com/authors for more information. About Emerald www.emeraldinsight.comEmerald is a global publisher linking research and practice to the benefit of society. The company manages a portfolio of more than 290 journals and over 2,350 books and book series volumes, as well as providing an extensive range of online products and additional customer resources and services.Emerald is both COUNTER 4 and TRANSFER compliant. The organization is a partner of the Committee on Publication Ethics (COPE) and also works with Portico and the LOCKSS initiative for digital archive preservation. AbstractPurpose -The purpose of this paper is to explain the emergence of CSR in Afghanistan as a novel context in the South-Asian CSR debate. Design/methodology/approach -The findings of the paper are based on case studies of four corporations in the Afghan mobile telecommunications industry. Multiple sources of qualitative data are coded according to the analytical framework of the paper to generate the findings. Findings -The findings highlight that the Afghan national setting can be conceptualised as an "area of limited statehood" indicating the weak national institutional setting, which enables space for manoeuvring for non-state actors to play a pivotal role in business-society relations. The paper highlights that the CSR practices are driven by the multi-level organisational field that through a unique blend of global coercive, mimetic and normative pressures lead to convergence around explicit CSR themes.Research limitations/implications -The findings are based on CSR practices that are explicitly stated and do not include informal and/or implicit business-society practices in such contexts. Originality/value -This paper combines the literature on areas of limited statehood and the neo-institutional theory to explain the emergence of CSR the Afghan mobile telecommunications industry. The paper advocates for a shift from a national setting focus to a multi-level institutional field lens in providing contextualised explanation of the emergence of CSR in developing countries.

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“…1 In South Asia, Sri Lanka became the first country in the late 1970s to initiate the liberalization process, followed by India and Bangladesh in the mid-1980s and, then, Pakistan and Nepal in the early and late 1990s (Devarajan & Nabi, 2006; Sahoo, 2006). The reforms sequence followed by these countries was first macroeconomic, trade and industrial policy reforms followed by agriculture and institutional reforms (Rana, 2012). 2 Among the key industrial reforms included allowing unbridled foreign direct investment (FDI) in many sectors, apart from tariff rationalization and other product market reforms (refer Jayasooriya, 2017 for Sri Lanka, Kathuria, Raj, & Sen, 2013 for India, Devarajan & Nabi, 2006; Sahoo, 2006; Rana, 2012 for different South Asian countries).…”

Section: Introductionmentioning

confidence: 99%

“…The reforms sequence followed by these countries was first macroeconomic, trade and industrial policy reforms followed by agriculture and institutional reforms (Rana, 2012). 2 Among the key industrial reforms included allowing unbridled foreign direct investment (FDI) in many sectors, apart from tariff rationalization and other product market reforms (refer Jayasooriya, 2017 for Sri Lanka, Kathuria, Raj, & Sen, 2013 for India, Devarajan & Nabi, 2006; Sahoo, 2006; Rana, 2012 for different South Asian countries). The outcome of these reforms is their increased growth, as is expected in the pursuit of market-oriented reforms (Fischer, 1993; Romer, 1986).…”

Section: Introductionmentioning

confidence: 99%

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Growth and Investment: Testing for the Relationship for South Asian Countries

Kathuria

2019

Millennial Asia

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Last few decades have seen wide-ranging reforms in South Asia. Among the vital industrial reforms is allowing unbridled foreign direct investment (FDI) in many sectors, apart from tariff rationalization and other product market reforms. The outcome of these reforms is increased growth of these countries through direct benefits of FDI and indirectly through crowding in of domestic investment. Fast growth of economies also tends to attract more FDI, as the growing market raises the profitability of the investment. Under this backdrop, this article has two objectives: (a) to see if there is any structural change in the growth of South Asian countries, and (b) what role FDI has played in this structural change. For the first objective, the study employs endogenous ‘structure-break’ tests on annual GDP data for the 58 years from 1960 to 2017 to find the structural change in the economy. For the second objective, we estimate a three-way dynamic causal relationship between investment (FDI and gross fixed capital formation [GFCF]) and growth (GDP) for four key South Asian countries—India, Bangladesh, Sri Lanka and Pakistan. For the analysis, we apply the bounds tests (autoregressive distributed lag [ARDL]) approach to cointegration for the period. The results show different break years for each of the South Asian country. The causal relationship between investment and growth is not uniform for the chosen countries. We find FDI has not resulted in long-term growth in any of the selected countries. Results also show that FDI has not crowded in domestic investment in most of these countries.

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Reform strategies in South Asian countries: a comparative analysis

Cited by 7 publications

References 9 publications

Human Capital as a Pushing Factor of Export: The Case of Four South Asian Economies

Human Capital as a Pushing Factor of Export: The Case of Four South Asian Economies

CSR in Afghanistan: a global CSR agenda in areas of limited statehood

Growth and Investment: Testing for the Relationship for South Asian Countries

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