Strengthening Regional Trade Integration In South Asia

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Strengthening Regional Trade Integration in South Asia

Author : Owais Hasan Khan
Publisher : Unknown
Page : 0 pages
File Size : 42,7 Mb
Release : 2021
Category : Electronic
ISBN : 9813367784

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Strengthening Regional Trade Integration in South Asia by Owais Hasan Khan Pdf

This book brings forth the philosophical, conceptual and practical contours of the trade regionalism provisions under the GATT/WTO. It analyses SAARC as the regional integration organisation of South Asia along with identifying major challenges and bottlenecks faced by it in the process of achieving regional integration. It presents ways and methods through which SAARC can be made a more effective regional organisation. The book predominantly focuses on trade regionalism. However, other areas of integration which have impacts on the trade regionalism are also examined like social and political integrations etc. The book takes off from the premise that trade regionalism under SAARC has failed and has been marred by political and security concerns among its member nations. It has failed to achieve its objective on all the three counts, which are promoting peace, development and economic cooperation. However, with the developing countries as members, SAARC has great potential for trade integration. Certain structural, normative and organisation alteration along with favourable ideation can still make SAARC achieve its full potential. The book also deals with the comparative analysis of SAARC regional integration with the regional integration under European Union and ASEAN. Regarding comparative regionalism, the discussion has been confined only to the EU and ASEAN. The EU has been chosen because it is comparatively established as one of the most successful regional organisations in the contemporary world. Whereas, ASEAN has been chosen because of its similarity to the SAARC's economy, society and political structure. The analysis presented in the book is from the perspectives of international law and international relations' theories and practise. This book thus is of particular relevance to the students, researchers, academicians, policymakers and practitioners of international trade law, international relations and South Asian studies. .

Strengthening Regional Trade Integration in South Asia

Author : Owais Hasan Khan
Publisher : Springer Nature
Page : 221 pages
File Size : 41,5 Mb
Release : 2021-03-05
Category : Law
ISBN : 9789813367777

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Strengthening Regional Trade Integration in South Asia by Owais Hasan Khan Pdf

This book brings forth the philosophical, conceptual and practical contours of the trade regionalism provisions under the GATT/WTO. It analyses SAARC as the regional integration organisation of South Asia along with identifying major challenges and bottlenecks faced by it in the process of achieving regional integration. It presents ways and methods through which SAARC can be made a more effective regional organisation. The book predominantly focuses on trade regionalism. However, other areas of integration which have impacts on the trade regionalism are also examined like social and political integrations etc. The book takes off from the premise that trade regionalism under SAARC has failed and has been marred by political and security concerns among its member nations. It has failed to achieve its objective on all the three counts, which are promoting peace, development and economic cooperation. However, with the developing countries as members, SAARC has great potential for trade integration. Certain structural, normative and organisation alteration along with favourable ideation can still make SAARC achieve its full potential. The book also deals with the comparative analysis of SAARC regional integration with the regional integration under European Union and ASEAN. Regarding comparative regionalism, the discussion has been confined only to the EU and ASEAN. The EU has been chosen because it is comparatively established as one of the most successful regional organisations in the contemporary world. Whereas, ASEAN has been chosen because of its similarity to the SAARC’s economy, society and political structure. The analysis presented in the book is from the perspectives of international law and international relations’ theories and practise. This book thus is of particular relevance to the students, researchers, academicians, policymakers and practitioners of international trade law, international relations and South Asian studies.

What does regional trade in South Asia reveal about future trade integration? : some empirical evidence

Author : Nihal Pitigala
Publisher : World Bank Publications
Page : 71 pages
File Size : 50,5 Mb
Release : 2005
Category : Asia, South
ISBN : 8210379456XXX

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What does regional trade in South Asia reveal about future trade integration? : some empirical evidence by Nihal Pitigala Pdf

The author further demonstrates through additional statistical measures--including revealed comparative advantage indices, trade concentration, and trade competition profiles--that the trade structures that have evolved among the South Asian Countries may not facilitate a rapid increase in intra-regional trade. But there is evidence that previous unilateral trade liberalization efforts in the South Asian countries have already had a positive impact in boosting both intra- and extra-regional trade. Continuing the process of unilateral liberalization, in parallel with regional integration, would aid the South Asian countries to continue to diversify their still narrow export bases and potentially evolve new comparative advantages and complementarities that could facilitate the successful implementation of SAFTA"--Abstract.

A Glass Half Full

Author : Sanjay Kathuria
Publisher : World Bank Publications
Page : 250 pages
File Size : 43,9 Mb
Release : 2018-09-07
Category : Business & Economics
ISBN : 9781464812958

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A Glass Half Full by Sanjay Kathuria Pdf

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.

Trade and Regional Integration in South Asia

Author : Selim Raihan,Prabir De
Publisher : Springer Nature
Page : 321 pages
File Size : 42,7 Mb
Release : 2020-04-27
Category : Business & Economics
ISBN : 9789811539329

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Trade and Regional Integration in South Asia by Selim Raihan,Prabir De Pdf

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 Economic Integration in South Asia

Author : Amita Batra
Publisher : Routledge
Page : 200 pages
File Size : 48,8 Mb
Release : 2012-12-12
Category : Political Science
ISBN : 9781135129835

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Regional Economic Integration in South Asia by Amita Batra Pdf

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.

Integrating Services in South Asia

Author : Rupa Chanda
Publisher : Oxford University Press
Page : 128 pages
File Size : 44,8 Mb
Release : 2010-12-01
Category : Business & Economics
ISBN : 9780199088331

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Integrating Services in South Asia by Rupa Chanda Pdf

In this era of globalization, every region and country in the world is pursuing some kind of integration to further its economic, geo-political, and strategic interests. This book explores the prospects for and challenges to services integration in South Asia through an in-depth analysis of services such as telecommunications, energy, tourism, health, and education. Identifying trends in performance, policy issues, and the status of intra-regional trade and investment initiatives, the book argues the case for services integration under the South Asian Free Trade Area (SAFTA). It also stresses the need to address cross-cutting issues of regional mobility of service providers, taxes, transport, trade, research and development, and regulatory cooperation. Expanding the existing work on South Asian integration to cover services from an intra-regional perspective, this book is an important reference for future academic and policy work in South Asia. The industry, country, and regional level statistics provided by the book serve as a useful resource for taking stock of output, employment, trade, and investment in services in this region.

Connecting South Asia and Southeast Asia

Author : ADBI
Publisher : Brookings Institution Press
Page : 320 pages
File Size : 50,5 Mb
Release : 2016-03-08
Category : Business & Economics
ISBN : 9784899740483

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Connecting South Asia and Southeast Asia by ADBI Pdf

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.

Economic Integration in South Asia

Author : Muinul Islam,Nitai Chandra Nag
Publisher : Pearson Education India
Page : 348 pages
File Size : 46,8 Mb
Release : 2010
Category : South Asia
ISBN : 8131729451

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Economic Integration in South Asia by Muinul Islam,Nitai Chandra Nag Pdf

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.

Regional Integration and Economic Development in South Asia

Author : Sultan Hafeez Rahman,Sridhar Khatri,Hans-Peter Brunner
Publisher : Edward Elgar Publishing
Page : 425 pages
File Size : 54,7 Mb
Release : 2012-04-01
Category : Business & Economics
ISBN : 9781781005248

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Regional Integration and Economic Development in South Asia by Sultan Hafeez Rahman,Sridhar Khatri,Hans-Peter Brunner Pdf

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.

Unlocking the Potential of Regional Economic Cooperation and Integration in South Asia

Author : United Nations Economic and Social Commission for Asia and the Pacific
Publisher : United Nations
Page : 56 pages
File Size : 50,8 Mb
Release : 2017-04-17
Category : Political Science
ISBN : 9789210606295

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Unlocking the Potential of Regional Economic Cooperation and Integration in South Asia by United Nations Economic and Social Commission for Asia and the Pacific Pdf

This report examines how countries in South Asia could capitalize on opportunities to cooperate for closer regional economic integration, in particular in the four broad areas of trade and market integration, regional connectivity, financial cooperation, and collective actions to address shared risks and vulnerabilities. It reveals that trade barriers, infrastructural deficits and political divergences have cost the sub-region direly in terms of lost opportunities for exports. The report underscores the prospects available for South Asian countries to play a stronger role in broader regionalism in Asia-Pacific as well as discusses the unique role of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) in facilitating that process.

Regional Integration in South Asia

Author : Mohammad A Razzaque,Yurendra Basnett
Publisher : Commonwealth Secretariat
Page : 542 pages
File Size : 43,7 Mb
Release : 2014
Category : Business & Economics
ISBN : 9781849291224

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Regional Integration in South Asia by Mohammad A Razzaque,Yurendra Basnett Pdf

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.

Unlocking the Potential of Regional Economic Cooperation and Integration in South Asia

Author : Nagesh Kumar,United Nations Publications
Publisher : UN
Page : 60 pages
File Size : 53,9 Mb
Release : 2017
Category : Business & Economics
ISBN : UIUC:30112116028934

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Unlocking the Potential of Regional Economic Cooperation and Integration in South Asia by Nagesh Kumar,United Nations Publications Pdf

Unlocking the Potential of Regional Economic Cooperation and Integration in South Asia

What Does Regional Trade in South Asia Reveal about Future Trade Integration? Some Empirical Evidence

Author : Nihal Pitigala
Publisher : Unknown
Page : 128 pages
File Size : 49,8 Mb
Release : 2012
Category : Electronic
ISBN : OCLC:931674478

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What Does Regional Trade in South Asia Reveal about Future Trade Integration? Some Empirical Evidence by Nihal Pitigala Pdf

In 1995 the seven South Asian countries-Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan, and Sri Lanka-initiated a multilateral framework for regionwide integration under the South Asian Preferential Trade Agreement (SAPTA). In a recent initiative, members agreed that SAPTA would begin the transformation into a South Asian Free Trade Area (SAFTA) by the beginning of 2006, with full implementation completed between 2009 and 2013. The impetus toward regional preferential trading arrangements and greater regional economic integration raises many important issues, both for the South Asian region as a whole and for the individual countries. The author uses the natural trading partners hypothesis as the empirical criterion to assess the potential success of a South Asian trading bloc. Using various definitions of the natural trading partner hypothesis-based on trade volume, geographic proximity, and the complementarity approaches-the author demonstrates that the South Asian countries can be characterized only moderately as natural trading partners. This characterization is, however, largely a consequence of previous impediments to trade among regional members. The author further demonstrates through additional statistical measures-including revealed comparative advantage indices, trade concentration, and trade competition profiles-that the trade structures that have evolved among the South Asian Countries may not facilitate a rapid increase in intra-regional trade. But there is evidence that previous unilateral trade liberalization efforts in the South Asian countries have already had a positive impact in boosting both intra- and extra-regional trade. Continuing the process of unilateral liberalization, in parallel with regional integration, would aid the South Asian countries to continue to diversify their still narrow export bases and potentially evolve new comparative advantages and complementarities that could facilitate the successful implementation of SAFTA.

Regional Integration in South Asia

Author : Prabir De
Publisher : K W Publishers Pvt Limited
Page : 268 pages
File Size : 40,5 Mb
Release : 2017
Category : South Asia
ISBN : 9386288141

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Regional Integration in South Asia by Prabir De Pdf

There is a general consensus among policymakers, academicians and development practitioners that transport connectivity lies at the heart of deepening regional cooperation and integration in South Asia. It is being increasingly recognised now that development of production networks and value chains and promotion of trade and investment depend critically on the efficacy of transport linkages within and across countries. In absence of good transport connectivity, exporters lose competitiveness, domestic producers face cost-hike and delay and consumers' interests get undermined. Throughout all his active life, Dr. M. Rahmatullah had relentlessly championed the cause of multimodal connectivity in South Asia, and also seamless movement of goods across all of Asia. His dream was to build an integrated South Asia through corridors and gateways, which will be well connected with pan-Asian transport networks. His seminal contributions had put connectivity as central to economic prosperity and regional economic integration in the region. One recalls that member countries of the South Asian Association for Regional Cooperation (SAARC) had pledged to achieve the South Asia Economic Union (SAEU) by turn of the ongoing decade, where an efficient, secure and integrated transport network was identified to play a catalytic role. Trade was to play a crucial part in this scenario. Regrettably, South Asia is a case in point, where country-specific constraints impeded trade between countries. Consequently, goods often lose competitiveness at home before being sold overseas. One of the key tasks before South Asian countries is, therefore, to build gateways and multimodal corridors, which are the building blocks for creating an integrated spatial economic region in South Asia. In this backdrop, this collection of essays in honour of Dr. M. Rahmatullah deals with a diverse range of issues concerning trade and integration in South Asia, and assesses policy priorities, implementation imperatives and emerging challenges in view of this. Each chapter of the book tries to capture a vital segment of the cross-cutting issues associated with closer transport and economic linkages in South Asia and attempts to draw relevant policy implications in this connection. The volume reviews the progress made in terms of trade and connectivity in South Asia, and suggests ways towards further strengthening of regional integration in the region. We hope that the book will serve as a valuable reference source for policymakers, academics and practitioners working on issues of regional integration in South Asia.