IIPM-ARTICLE AND EDITORIAL

IIPM-The Indian Institute of Planning and Management

Thursday, March 30, 2006

IIPM-PRESS CENTRE RELEASE

The cost of doing business is exceedingly high, thanks to the miserable roads, ports and airports. While the cost of export is a mere 10% in other developing economies, it is as high as 15% to 34% in this region. There was a massive drop in investment, from 3.5% of GDP in 1980-85 to a current level of 2%. Private investment alone has fallen from $71bn in 1998 to a mere $16bn in 2003.

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Source-IIPM, Editorial,2006


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