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Regional Economic Integration in South Asia

Regional Economic Integration in South Asia
Author: Amita Batra
Publisher: Routledge
Total Pages: 202
Release: 2012-12-12
Genre: Political Science
ISBN: 1135129835

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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.


The Political Economy of Trade Integration in South Asia

The Political Economy of Trade Integration in South Asia
Author: Dushni Weerakoon
Publisher:
Total Pages: 0
Release: 2010
Genre:
ISBN:

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The South Asian regional trade integration process to date has generated only limited enthusiasm. It suffers from significant shortcomings, primarily on account of a very cautious approach adopted to achieve the ultimate objective of 'free trade' within the region. In turn, this has led to a fragmentation of the integration process, with some of the partners of the South Asian Association for Regional Cooperation (SAARC) bloc opting for a speedier and more liberal bilateral process with India. India's engagement remains the critical feature as the single most important trading partner for almost all the other South Asian countries. However, the dynamics of Indian economic integration initiatives too have been changing rapidly, whereby it is looking increasingly to strengthen its economic relations with the wider Asian region. In this context, the question of India's willingness to give leadership to carry the rest of South Asia as the bridge that connects the region to East Asia needs to be examined. The current evidence suggests that India has attempted to do so via a host of bilateral and regional arrangements, but that the divergences in strategic interests amongst SAARC countries has left Pakistan on the margins of an evolving scheme of overlapping trade initiatives in South Asia. Thus, while something approximating 'free trade' in South Asia appears to be taking shape, it is unlikely to take the form of an inclusive South Asian regional integration process envisaged by SAARC.


Economic and Financial Integration in South Asia

Economic and Financial Integration in South Asia
Author: Sanjay Sehgal
Publisher: Taylor & Francis
Total Pages: 199
Release: 2020-10-25
Genre: Business & Economics
ISBN: 1000202798

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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.


Economic Integration in South Asia

Economic Integration in South Asia
Author: Muinul Islam
Publisher: Pearson Education India
Total Pages: 348
Release: 2010
Genre: South Asia
ISBN: 9788131729458

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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.


Trade and Regional Integration in South Asia

Trade and Regional Integration in South Asia
Author: Selim Raihan
Publisher: Springer Nature
Total Pages: 321
Release: 2020-04-27
Genre: Business & Economics
ISBN: 9811539324

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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.


Regional Integration and Economic Development in South Asia

Regional Integration and Economic Development in South Asia
Author: Sultan Hafeez Rahman
Publisher: Edward Elgar Publishing
Total Pages: 425
Release: 2012-04-01
Genre: Business & Economics
ISBN: 1781005249

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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.


Economic Integration in South Asia

Economic Integration in South Asia
Author: Rizwanul Islam
Publisher: Martinus Nijhoff Publishers
Total Pages: 359
Release: 2012-03-28
Genre: Law
ISBN: 9004218963

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This book analyses the South Asian preferential trade agreements with reference to the WTO jurisprudence. It offers a comprehensive analysis of the factors undermining economic integration in South Asia and recommends possible ways for confronting them.


The Politics of Regionalism in South Asia

The Politics of Regionalism in South Asia
Author: B. Mohanan
Publisher: Atlantic Publishers & Dist
Total Pages: 160
Release: 1992
Genre: Regionalism
ISBN:

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This Study Is A Modest Attempt To Apply The Integration Theory To The Analysis Of Trends And Shifts In Inter¬Dependence (Intra-And Extra-Regional) In South Asia. Distinction Between The Integration Models That Emerged In Western Europe And The South Asian Integration Is Discernible. The External Relations Of The Saarc Members Are Having Positive And Negative Impacts On The Integrative Process In This Region. Thus Bilateral Relations And External Ties Are The Major Considerations In This Study.This Study Brings Home The Fact That The Supranational Handling Of Political And Economic Issues Are Not Possible In A Developing Region Where Sove¬Reignty Is Jealously' Guarded. The Third World Integration Model As Pro¬Vided By Lynn Mytlka Is Found Useful In The South Asian Context. Mytelka'S Type-Ill Model Considers The Condi¬Tions Of Dependence. But In South Asia It Is Very Difficult To Attain Type Iii Integration Scheme.Since 'Primacy Of The Political' Is Underscored In A Third World Integra¬Tion Scheme, Relatively High Degree Of Political Integration At The Outset Is A Logical First Step. This High Level Politi¬Cal Integration Has Got Two Aspects Viz. (I) Bilateral And (Ii) External. Projec¬Tion Of Common Regional Front In Dealing With External Powers Will Have A Spill Over Effect On Bilateral Relations. Without Improving Bilateral Relations Vital Economic Areas Cannot Be Brought Under The Regional Scheme.It Is Found That India Has Got A Special Role In Regional Co-Operation In South Asia Since The Whole Region Is 'Indo-Centric And India Dominated'. Good Neighbourly Relations Incorporating The Ideals And Aspirations Of The Smaller South Asian Countries Would Ulti¬Mately Result In Widening The Scope Of Saarc Regionalism. At The Present Stage 'Deepening' Rather Than 'Widen¬Ing' Should Be Given Priority. The Attempt Should Be To Diminish The Dimensions Of Conflict Rather Than The Outright Elimination Of It. Saarc Is A Compound Of Interests. Settling Of Bilateral Disputes Is Not Mathematically Achievable.


The Political Economy of Conflict in South Asia

The Political Economy of Conflict in South Asia
Author: M. Webb
Publisher: Springer
Total Pages: 248
Release: 2015-02-03
Genre: Political Science
ISBN: 1137397446

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Destructive conflicts have thwarted growth and development in South Asia for more than half a century. This collection of multi-disciplinary essays examines the economic causes and consequences of military conflict in South Asia from a variety of perspectives embracing fiscal, social, strategic, environmental and several other dimensions.


Regional Trade Integration and Conflict Resolution

Regional Trade Integration and Conflict Resolution
Author: Shaheen Rafi Khan
Publisher: IDRC
Total Pages: 286
Release: 2009
Genre: Business & Economics
ISBN: 0415476739

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Explores the linkage between trade, peace and conflict in South America, Southern Africa, South Asia, and South East Asia. Highlights the significance of regional trade agreements for peace building between the countries.