Regional Integration and Economic Development in South Asia PDF Download

Author: Sultan Hafeez Rahman
Publisher: Edward Elgar Publishing
ISBN: 1781005249
Category : Business & Economics
Languages : en
Pages : 425

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Book Description
South Asian leaders have made it a priority to tackle key regional issues such as poverty, environment degradation, trade and investment barriers and food insecurity, among others.

Author: Selim Raihan
Publisher: Springer Nature
ISBN: 9811539324
Category : Business & Economics
Languages : en
Pages : 321

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Book Description
Gathering contributions from leading academics and international trade experts from South Asia, this book is dedicated to the late Dr. Saman Kelegma, whose untimely death in June 2017 left a huge void in the field of regional economic cooperation. Keeping in mind his enduring legacy regarding regional cooperation in South Asia, it covers issues related to the challenges of deeper regional integration in South Asia and proposes strategies to address these challenges. It also offers an up-to-date, rigorous academic analysis of various issues related to low intra-regional trade in South Asia; prevalence of tariff barriers; incidence of a range of non-tariff measures; challenges of weak-trade-related infrastructure and the need for trade facilitation; the political economics of regional integration, highlighting how bilateral political relations affect the integration process; low level of intra-regional investment; South Asia’s pattern of integration with the global and regional value chains; pattern and dominance of informal trade; and alternative regional integration initiatives in South Asia, such as the bilateral, regional, and sub-regional trade agreements within and countries outside this region. Intended primarily for researchers and students of international trade, and policymakers from South Asia and beyond, the book is also a valuable supplementary reference resource for researchers and students. Furthermore, the pragmatic analysis of the policy options presented offers guidance for policymakers in South Asia wanting to implement effective policies and strategies for deeper regional integration.

Author: Amita Batra
Publisher: Routledge
ISBN: 0415602092
Category : Business & Economics
Languages : en
Pages : 202

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Book Description
South Asia today is among the most unstable regions in the world, riddled by both intra- and inter-state conflict. This book presents a comprehensive technical analysis of the trade-conflict relationship within the region, and explores how South Asia demonstrates underperformance of its potential for economic integration. Using the gravity model framework, the book highlights quantitative estimates of the cost of conflict in terms of loss of trade for South Asia. Other variables representative of political and economic regimes are also included to make the model comprehensive, and the book goes on to discuss how the analysis reveals the overriding significance of the India-Pakistan relationship in the regional landscape. It looks at how the results of the econometric exercise reveal the extent to which a common border, when disputed, becomes a barrier rather than a facilitator to trade and, additionally, the extent to which long standing and persistent conflict can debilitate trade relationships. The book is a useful contribution for students and scholars of South Asian studies and international political economy, and assists in formulating policy to correct the anti-home bias that is evident in trade patterns of the South Asian economies.

Author: ADBI
Publisher: Brookings Institution Press
ISBN: 4899740484
Category : Business & Economics
Languages : en
Pages : 320

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Book Description
This report analyzes how closer regional connectivity and economic integration between South Asia and Southeast Asia can benefit both regions, with a focus on the role played by infrastructure and public policies in facilitating this process. It examines major developments in South Asian–Southeast Asian trade and investment, economic cooperation, the role of economic corridors, and regional cooperation initiatives. In particular, it identifies significant opportunities for strengthening these integration efforts as a result of the recent opening up of Myanmar in political, economic, and financial terms. This is particularly the case for land-based transportation—highways and railroads—and energy trading. The report’s focus is on connectivity in a broad sense, covering both hardware and software, including investment in infrastructure, energy trading, trade facilitation, investment financing, and support for national and regional policies.

Author: Mohammad A Razzaque
Publisher: Commonwealth Secretariat
ISBN: 1849291225
Category : South Asia
Languages : en
Pages : 542

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Book Description
Regional Integration in South Asia: Trends, Challenges and Prospects presents an objective assessment of trade and economic co-operation among South Asian nations and highlights policy issues to foster regional integration. The analyses presented in this volume go beyond the usual discussions on trade-in-goods to provide insightful perspectives on potential new areas of co-operation, emerging challenges, and country-specific views on regional and bilateral trade co-operation issues. Written by influential analysts and researchers, the volume’s 24 chapters include perspectives from Bangladesh, India, Maldives, Nepal, Pakistan and Sri Lanka, and examinations of new areas of co-operation such as investment, regional supply chains, energy and cross-border transport networks.

Author: Sanjay Sehgal
Publisher: Taylor & Francis
ISBN: 1000202798
Category : Business & Economics
Languages : en
Pages : 199

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Book Description
This book analyses the current state and potential of economic and financial integration in South Asia, which has emerged as one of the most dynamic regions of the world. It looks at how regional convergences and cooperation would reinforce ties amongst the diverse economies of South Asia in the changing global economic landscape. Drawing on empirical research, the book looks at the degree of economic and financial integration in South Asia, which according to the World Bank includes the least integrated regions in the world, and explores the fundamental factors that drive integration amongst these countries. It offers important insights into the financial landscape of the region, as well as the dynamics of the interlinkages in the banking system, the stock markets, and the debt markets. The book examines the role of bilateral trade in augmenting regional economic ties, the opportunities for growth these will foster, and the major challenges and roadblocks for the leaders of the region. It also provides an overview of China’s role in South Asia’s financial integration and the interdependence of these economies for economic opportunities, macroeconomic and financial stability, jobs, sustainable growth, and inclusive development. Detailed and insightful, this book will be of great interest to investors and regional policymakers. It will also be of interest to researchers and students of economics, public and foreign policy, finance, international relations, and South Asia studies.

Author: Muinul Islam
Publisher: Pearson Education India
ISBN: 9788131729458
Category : South Asia
Languages : en
Pages : 348

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Book Description
Economic Integration in South Asia: Issues and Pathways is one of the volumes of the series titled, Imagine a New South Asia, presented by ActionAid International Asia. This volume envisions a new South Asia, free from human deprivation and poverty, where countries will become successful, proud and inclusive societies. This book demonstrates how South Asian countries can learn from the best practices in the region as well as from their failures, and also by trying to emulate the successful strategies of introducing egalitarian education and health systems of East Asia, China and Southeast Asian countries. Rich in analysis and research, this volume seeks an alternative people-centred perspective, and takes into account all those voices that have so long been unheard in policy-making processes through reviews of case studies. Not only will the findings of this volume be useful in conducting campaigns for appropriate policy and mindset changes, but these will also, eventually, make the emergence of a highly integrated South Asia truly possible.

Author: Rafiq Dossani
Publisher: Shorenstein Asia-Pacific Research Center
ISBN: 9781931368179
Category : Political Science
Languages : en
Pages : 0

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Book Description
Does South Asia exist? Globally, regional integration and prominent regional institution--such as the European Union and the Association of Southeast Asian Nations--have been on the rise. In South Asia, by contrast, such progress has been slow, despite the recent dynamic growth of India's economy. This broad-based volume examines the prospects for regionalism in South Asia, assessing issues that drive greater regional integration and obstacles that prevent it. How does South Asia's experience of regionalism compare with other parts of the world? What different perspectives do South Asia's sometimes contentious neighbors bring to the regional process? How do those attitudes help or hinder solutions to peculiarly South Asian challenges? The book devotes particular attention to India, the largest power in the region, and analyzes the extent to which it drives or blocks greater regionalism. As the book's distinguished contributors reveal, the provocative question at the heart of this timely book defies easy answers. Copublished with the Observer Research Foundation, New Delhi.

Author: Deeparghya Mukherjee
Publisher: Routledge
ISBN: 1351061321
Category : Business & Economics
Languages : en
Pages : 293

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Book Description
The Regional Comprehensive Economic Partnership (RCEP) aims to achieve greater integration between the ASEAN region and its six free trade agreement (FTA) partners (India, China, Japan, Australia, New Zealand and Korea). The RCEP is the only agreement to include three economies which are among the seven biggest economies of the world—China, Japan and India. The book opens with an introduction to the current status of economic integration and factors that would affect it and looks at key issues like non-tariff barriers, evolving investment regulations in China (in the context of FTAs), connectivity initiatives to integrate the region, rules of origin in the context of value chain integration in selected sectors as well as region-specific aspects of South Asia and South East Asia which would shape the regional economic architecture going forward. With an attempt to cover key imperatives, the book concludes by noting primary impediments to easier trade and investment flows in the region, highlighting possible policy recommendations to improve economic integration.

Author: Sanjay Kathuria
Publisher: World Bank Publications
ISBN: 1464812950
Category : Business & Economics
Languages : en
Pages : 250

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Book Description
Trade has played a critical role in global poverty reduction. In harnessing the potential of trade, some of the most successful countries have developed strong trade relationships with their neighbors. However, many South Asian countries have trade regimes that often offset the positive impact of geography and proximity. This report documents systematically the gaps between current and potential trade in South Asia and addresses important specific barriers that have held trade back. These barriers include tariffs and paratariffs, real and perceived nontariff barriers, connectivity costs, and the broader trust deficit. This policy-focused report unpacks these critical barriers to effective trade integration in South Asia through four in-depth studies that produce new, detailed, on-the-ground knowledge. Three of the studies are based on extensive stakeholder consultations. Two also rely on tailored surveys. The fourth study, on tariffs, benefits from new data on paratariffs. The report also marshals new evidence showing how trading regimes in South Asia discriminate against each other. Given the South Asian context, incremental, yet concrete steps aimed at tapping the potential of deeper integration are appropriate. The report has been drafted in this spirit. It offers precise, actionable policy recommendations that could help achieve measurable progress in key areas of trade and integration that would be to the advantage of all countries in the region.