Does the Recent Global Business Growth Exhibit An Inclusive Growth? a Research on Socio-Economic Status of Least Developed Nations in Asia
T.Sisili1, D.David Winster Praveenraj2
1Mr.T.Sisili, School of Management Studies, Bannari Amman Institute of Technology, Tamilnadu, India.
2Mr.D.David Winster Praveenraj*, School of Management Studies, Bannari Amman Institute of Technology, Tamilnadu, India.
Manuscript received on November 19, 2019. | Revised Manuscript received on November 29 2019. | Manuscript published on 30 November, 2019. | PP: 9928-9938 | Volume-8 Issue-4, November 2019. | Retrieval Number: C4816098319/2019©BEIESP | DOI: 10.35940/ijrte.C4816.118419
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Abstract: 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.
Keywords: Socio-Economic Status, Inclusive growth, Least Developed Nations, Gross Domestic Product, Life expectancy, JEL Classification: E0.
Scope of the Article: Classification.