Open AccessDoes the Recent Global Business Growth Exhibit an Inclusive Growth? a Research on Socio-Economic Status of Least Developed Nations in Asia
Author(s) -
Mr Sisili,
Michael David,
Winster Praveenraj,
D David
Publication year - 2019
Publication title -
international journal of recent technology and engineering
Language(s) - English
Resource type - Journals
ISSN - 2277-3878
DOI - 10.35940/ijrte.c4816.118419
Subject(s) - foreign direct investment , inclusive growth , development economics , china , investment (military) , economic growth , economics , political science , international trade , poverty , politics , macroeconomics , law
While the global business growth trend is upward, it is essential to ensure that if it is an inclusive growth that every nation is benefited and growing. Asia is the earth's largest continent. It covers 48 countries. This article focuses on the socio-economic status of the nine least developed countries in Asia to validate whether the global economic growth is inclusive. It examines how Socio-economic status fosters or hinders the development of these countries. Regression analysis is used for analyzing the Gross National Income, Foreign direct investment.