South Asia presents a mix of positive economic prospects and governance-related risks. The region contains approximately one quarter of the world’s population and all of the countries in this group meet or exceed growth rates typical of developing economies. As such, the region is expected to comprise a significant and growing share of global GDP in the next five years. Most notable is the region’s economic giant, India, which alone is projected to make up nearly a tenth of global GDP by 2024. However, governance problems—particularly corruption—are pervasive throughout the region, tempering this positive outlook with significant risks. PSA’s South Asia corruption overview compiles governance and corruption data from a wide range of sources to explore how governance-related risks affect the business environment in India, Pakistan, Bangladesh, Nepal, and Sri Lanka.
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