More than any other factor, it is the lack of transparency in a economic decision-making which seems to be the biggest hurdles to economic growth across the world. A Hong Kong-based firm Political and Economic Risk consultancy Limited asked local and foreign investors to rank the economic transparency of different countries of the world against the benchmark of the US and UK.

Vietnam, India and China landed at the bottom of the heap while the South East Asian countries fared just a wee bit better. While the lack of transparency is the major complaint foreign investors have in India, this is the main factor for the economic mess created in SE Asian economies. Now the these countries are realising the follies of ad-hoc and opaque decision-making. Companies and banks are being asked to make more information about their transactions public.