Purpose This paper makes a novel attempt to estimate the potential impact of credit risk on foreign direct investment (FDI hereafter), thereby focusing on a completely unexplored area in the existing empirical literature. Design/methodology/approach To provide a comprehensive understanding of...

In response to the Global Financial Crisis (GFC), finance ministers of member countries of the South Asian Association for Regional Cooperation (SAARC) agreed in 2009 on the need for bilateral arrangements to tackle short-term credit contractions and financial market disruptions. In 2012, the...

Volatility spillover informs whether the information in one market impacts the information in another. This paper examines whether oil market volatility spills over to the equity markets of selected SAARC countries. The study uses data from February 2013 to September 2019 to obtain updated...

Purpose - The main purpose of this research is to examine the influence of macroeconomic stability on economic growth of SAARC (South Asian Association for Regional Cooperation) countries. Design/methodology/approach - Using panel data of 1991-2020, fixed effect regression analysis, pooled...

The study aims to understand the impact of foreign direct investment (FDI), exports (EXP) and imports (IMP) on economic growth in South Asian countries (SAARC). A dataset for the period 2000-2020 was used for the analysis collected primarily from World Bank (WB) sources. The analysis was...

In this research study, the main goal is to determine whether government expenditure has impact on economic growth in the SAARC countries. Therefore, the primary goal is to determine whether government expenditure leads to economic development in SAARC countries and vice versa and whether a...

The purpose of the study is to examine the impact of agency issues such as free cash flow, empire-building, managerial risk aversion, and private benefit of control on post-merger financial performance in the context of emerging markets of SAARC and ASEAN regions. The sampling period for the...

The regional organization, South Asian Association for Regional Cooperation (SAARC), was established in Dhaka on December 8, 1985. In the Organisation, there were initially seven-Member States that are mainly located in South Asia, i.e. Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and...

Although the Agreement on South Asian Free Trade Area (SAFTA) was signed in January 2004, it has not substantially contributed to the expansion of regional trade among its contracting states. This article shows how a number of bilateral preferential trade agreements (PTAs) between SAFTA parties...

Developing countries are dealing simultaneously with environmental issues and trade deficits. The main objective of this study is to investigate the role of renewable energy consumption (REC), foreign direct investment (FDI), and financial development (FD) in promoting trade (imports and...

This article assesses the opportunities and challenges for different categories of FinTechs in the SAARC and ASEAN regions. We consider the global financial inclusion data released by the World Bank and map the responses to gain insights into the opportunities and challenges for FinTechs in the...

SAARC has so far not succeeded to make use of regional cooperation and integration especially in terms of unleashing potential of intra-regional trade to spur regional economic growth, employment and poverty reduction. The cost of non-cooperation among the member countries of SAARC result in...

The purpose of this paper is to inquire into the effects of health and education on income distribution and poverty in selected SAARC countries. A model of income inequality along with a model of poverty, with some explanatory variables, are specified. In these models, the main variables are...

The study empirically investigates selected macroeconomic determinants of non-performing loans (NPLs) for a panel of 8 South Asian Association for Regional Cooperation countries (Afghanistan, Bangladesh, Bhutan, India, Nepal, Maldives, Pakistan, and Sri Lanka), using annual data for the period...

India has formal diplomatic relations with most of the nations; it is the world's second most populous country, the world's most-populous democracy and one of the fastest growing major economies. With the world's eighth military expenditure, third largest armed force, seventh largest economy by...

This paper aims to verify the feasibility of capital market integration among the SAARC member countries by analyzing the reaction of volatility towards the changes in economic, political, and financial factors by taking five particular SAARC countries as a sample. In order to achieve this...

The disparity in life expectancy at birth is believed to be rooted in the socio-economic backgrounds of different social groups characterized by poverty status and living arrangements. The current paper undertakes a panel data analysis of the determinants of life expectancies based on economic,...

With one of largest concentration of poor South Asia intra-regional trade stands at less than one third of its potential. Regional economic frameworks are rather impediments than a facilitation inform of irrational sensitive lists, non-tariff and para tariff barriers, existence of more welcoming...

The south Asian countries economy is growing significantly for two decades. Among the SAARC nations, Chinese and Indian economies growth is observed to be tremendous. The present study is attempting to know the equity markets performance of SAARC nations. The study has considered the secondary...

This study is based on need of regional cooperation for response and recovery of COVID-19 pandemic. For the analysis purpose, both primary and secondary data have been applied. Primary data is collected from the open-ended interview from which main theme and associated theme of regional...

SCI mago is the Journal and Country Ranking database available freely on the internet. We have accessed the required data from 2008 to 2017 from this database and evaluated the research productivity of SAARC countries and citations in the field of social science subject. This article studied...

The present study aims to investigate the impact of tourism on the economic growth of the South Asian region. By employing panel data of six South Asian economies spanning from 1998 to 2017, empirical investigation relies upon the panel cointegration and Fully Modified Ordinary Least Squares...

Purpose - Exchange rate uncertainty leads to an indecisive environment for imports and exports that would condense international trade, foreign direct investment, trade earnings, trade volumes, economic growth and welfare. This study aims to examine, empirically, the effect of exchange rate...

The study attempts to analyse India's trade potential with other SAARC member states under the SAFTA agreement by means of the augmented gravity model, at annual frequency from 1992 to 2019 in general and from 2004 to 2019 in particular. The findings of this paper prove that the intra-regional...

In recent decades, Southeast Asian economies have prospered through an outward-oriented strategy, through intra-regional integration under the Association of the Southeast Asian Nations (ASEAN) initiative and through participating in the East Asian production networks. In the 1970-80’s, South...

Four questions arise in the context of economic slowdown and recovery from a slowdown : What is recovery? Recovery from what? How to recover? What is the recovery path? Recovery refers to breaking away from the vicious grip of a crisis, serious economic slowdown or demand recession in...

The present paper aims to divulge the nexus between external debt and economic growth in five SAARC countries: Bangladesh, India, Nepal, Pakistan and Sri Lanka, for the period 1971 to 2020. The primary investigation of the study reveals significant variation across countries. To consider the...

In 1995 the seven South Asian countries - Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan, and Sri Lanka - initiated a multilateral framework for regionwide integration under the South Asian Preferential Trade Agreement (SAPTA). In a recent initiative, members agreed that SAPTA would...