ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Arindam BanikSubscribe to Arindam Banik

Explaining FDI Inflows to India, China and the Caribbean

FDI flows are generally believed to be influenced by economic indicators like market size, export intensity, institutions, etc, irrespective of the source and the destination countries. This paper looks at FDI inflows in an alternative approach based on the concepts of neighbourhood and extended neighbourhood. The study shows that the neighbourhood concepts are widely applicable in different contexts - particularly for China and India, and partly in the case of the Caribbean. There are significant common factors in explaining FDI inflows in select regions. While a substantial fraction of FDI inflows may be explained by select economic variables, country-specific factors and the idiosyncratic component account for more of the investment inflows in Europe, China and India.

Project Management in the Caribbean

This paper presents a case study of three similar projects in the Caribbean relating to water and sewerage management. After analysing the process of planning and implementation of the projects, the possible causes of time and cost overruns and of the inability to meet the project's goals are investigated. The study also highlights the possible gains from effective post-project evaluation, especially when a common funding agency is involved.

Women as Victims and Agents of Change

Women Development Workers – Implementing Rural Credit Programmes in Bangladesh by Anne Marie Goetz; Sage Publications, New Delhi, London, 2001; pp 443, Rs 595.

Jagatpur Revisited

Jagatpur 1977-97: Poverty and Social Change in Rural Bangladesh by Kamal Siddiqui; The University Press, Dhaka, 2000; pp xxviii + 476, Taka 550.

Private Capital Inflows to the Caribbean

This paper analyses trends and determinants of private foreign direct investment in the Caribbean region. The data show that net capital inflows have been significant in most countries since 1988. The sectors attracting most foreign investment are the natural resource industries, tourism, manufacturing and services. The source of most capital inflows is the US. Primarily because of their high degree of openness, Caribbean countries will continue to depend on capital inflows to generate capital formation.

Banker's Tale

Banker to the Poor: The Autobiography of Muhamad Yunus, Founder of Grameen Bank by Muhammad Yunus with Alan Jolis, foreword by HRH The Prince of Wales; The University Press, Dhaka, 1998; pp xviii + 313, Taka 480.

Future of Bangladesh Agriculture

Agriculture Bangladesh Agriculture in the 21st Century edited by Rashid Faruquee; The University Press, Dhaka, 1998; pp 275 + VIII, Taka 500.

Managing Bangladesh Economy

Arindam Banik Macro-economic Issues and Policies: The Case of Bangladesh by Akhtar Hossain; Sage Publications, New Delhi, 1997; pp 333, Rs 425. AKHTAR HOSSAIN

Regional Trade and Investment-Case of SAARC

Arindam Banik Once the transitional problems caused to present import-substituting industries and consequent toss of employment are overcome, the creation of a free trade area will yield major benefits to all the countries of the South Asian Region.

Poverty in Bangladesh

of injustice and anger by the Muslims. Of course, now the peace pact between Palestine and Israel will help reduce hostilities. Similarly, the Islamic militants in Algeria, Egypt, do not represent entire Muslim society. These are impatient youth who are essentially protesting against blind westernisation, corruption, failure by the ruling elite to solve economic problems. These armed militants think all will be in place once Islamic shari' ah is enforced. However, majority of Muslims are peace loving and moderate in their approach. They love Islam but not violence. Many would like shari'ah to be followed but keeping in view the changing context and emerging challenges. It should also be noted that violence in urban areas, be it in Islamic or other countries, is product of modern urban milieu, and the alienation and spiritual frustration it creates. The violence in Japan by Om Shinrikyo sect falls in such a category While violence in urban areas in non-Islamic societies is sought to be explained in the light of various factors, including present urban conditions, similar violence in Islamic countries is condemned as 'Islamic fanaticism'. Such characterisation lacks basic objectivity.

Farm Size, Factor Productivity and Returns to Scale under Different Types of Water Management

Farm Size, Factor Productivity and Returns to Scale under Different Types of Water Management Arindam Banik It used to be claimed, notably in Indian subcontinent that there is either a positive or negative significant relationship between land productivity and farm size. Attempts were made to explain the relationship using two important factors, viz, disguise unemployment and imperfection of factor markets. Solutions such as supply of inputs, land reform, etc, were suggested. Yet in poorer countries the odds are that even within a village and during any peak farm operation the question of disguise unemployment is liable to be troublesome in rice economies as these are time-specific and water management-specific. What is thus interesting and seems to have been missed out by the existing literature is that several of the factors can be exacerbated or minimised depending on the management of water in question.
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