Nepal has the Lowest FDI among the Poorest Countries

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Ganesha
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Nepal has the Lowest FDI among the Poorest Countries

Postby Ganesha » Mon Aug 30, 2010 1:21 am

Excerpt from Page 62 of World Investment Report 2010:
During 1990–2008, FDI flows to almost all LDCs rose; exceptions included Burundi, Eritrea, Nepal, Samoa and Timor-Leste (fig.II.8). FDI inflows to 15 LDCs increased while their bilateral ODA decreased. In the same period, 29 other countries experienced simultaneous increases in FDI and bilateral ODA.

Its a sad story, finding Nepal amongst the poorest of the poor but do you think we will have FDI coming in again once our politics is settled?
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kazi
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Joined: Mon Jun 29, 2009 11:55 am

Re: Nepal has the Lowest FDI among the Poorest Countries

Postby kazi » Mon Aug 30, 2010 3:53 am

The reason for low FDI could be that Nepal has not been embracing it openly. In this garden of globalization Nepal has been a late bloomer, so to say, for whatever reason. And that may have more to do with this rating more than poverty. Of course, as a proponent of awareness and education, I would say lack of awareness is the cause, but then again this is not the time nor the place for this discussion. But yes, I think Nepal's unwillingness to open markets has been the deterrent to FDI. But again, I feel this is changing rapidly, for the better.
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"Mother and motherland are more precious than heaven." But that does not mean we must cling to our mothers. The least I can do for Nepal is to bring awareness among the Nepali people. And this Nepali forum is the platform for me.


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