Bangladesh, for instance, has yet to pursue the vigorous pro-market reforms necessary to boost growth levels. While it has adopted an extremely liberal policy to attract foreign direct investment (FDI), this has, in effect, been limited to low-cost, labour-intensive industries. About a third of the country’s 136 million people continue to live below the poverty line with a per capita GDP of below USD 400. Moreover, recent reports of expanding militancy in the country may have an adverse impact on investor confidence.