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Regional Integration in South Asia

Trends, Challenges and Prospects

image of Regional Integration in South Asia

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.

English

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Indo-Bangla Trade: Composition, Trends and the Way Forward

Since the 1990s, South Asia has grown twice as fast as the rest of the world.2 Most of the countries in the region have embarked upon more systematic and persistent trade liberalisation measures and, on the whole, such a policy stance has been maintained. This change in policy orientation has contributed to the improved trade performance of the region, coinciding with accelerated economic and per capita income growth. Enhanced outward orientation and improved growth performance also provide potential for increased regional trade and economic co-operation. In reality, however, South Asia is still one of the least-integrated regions of the world.

English

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