An Analysis of Inclusive Growth for South Asia

Key indicators of development and governance i.e., quality education, better health and good governance must coincide with the growth of nations. The benefits of growth should be shared with citizens in term of better health facility and improved quality of education, strong institutions, corruption free society and implementation of rule of law. This research gauge the relationships of growth, governance and development by focusing the eight countries of South Asia, through estimating the fixed effects model by using data from 2005 to 2014. This study finds development and governance gaps as well as evidence of inclusive growth. Growth process of Nepal is mostly inclusive and sustainable than other countries. On basis of the results this study suggests that political instability, threats of terrorism and life expectancy at birth are the main indicators which must cater on priority basis to improve the welfare level of one-fourth population of the globe. Study finds that only two-third of the growth of region termed as inclusive growth