Sunday, December 28, 2014

Foreign Investment in Afghanistan? Unlikely for Now

Everyone acknowledges that the Afghan economy, despite some bright spots here or there, is in trouble. Foreign investment is stalled and Afghan money is flowing to Dubai and other locations. According to the World Bank the country has the lowest Gross Domestic Product (GDP) in the region with an average per capita annual income of around $670. Many are calling for government policies to encourage foreign investment but . . . with an ongoing insurgency that shows no signs of going away and a continuing problem with rampant corruption . . . it is unlikely that very much foreign investment will take place at a significant level. Read more in "Attracting Foreign Investments to Afghanistan: A Reality or Dream?", Khaama Press, December 27, 2014.

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