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

2005 Asia, South
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Release : 2005
Genre : Asia, South
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Book Synopsis What does regional trade in South Asia reveal about future trade integration? : some empirical evidence by : Nihal Pitigala

Download or read book What does regional trade in South Asia reveal about future trade integration? : some empirical evidence written by Nihal Pitigala. This book was released on 2005. Available in PDF, EPUB and Kindle. Book excerpt: 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.

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

2012
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Release : 2012
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Book Synopsis What Does Regional Trade in South Asia Reveal about Future Trade Integration? Some Empirical Evidence by : Nihal Pitigala

Download or read book What Does Regional Trade in South Asia Reveal about Future Trade Integration? Some Empirical Evidence written by Nihal Pitigala. This book was released on 2012. Available in PDF, EPUB and Kindle. Book excerpt: 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.

A Glass Half Full

2018-09-07 Business & Economics
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Release : 2018-09-07
Genre : Business & Economics
Kind : eBook
Book Rating : 950/5 ( reviews)

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Book Synopsis A Glass Half Full by : Sanjay Kathuria

Download or read book A Glass Half Full written by Sanjay Kathuria. This book was released on 2018-09-07. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Integrating Services in South Asia

2010-12-01 Business & Economics
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Release : 2010-12-01
Genre : Business & Economics
Kind : eBook
Book Rating : 330/5 ( reviews)

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Book Synopsis Integrating Services in South Asia by : Rupa Chanda

Download or read book Integrating Services in South Asia written by Rupa Chanda. This book was released on 2010-12-01. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Economic Integration in South Asia

2012-03-28 Law
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Release : 2012-03-28
Genre : Law
Kind : eBook
Book Rating : 963/5 ( reviews)

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Book Synopsis Economic Integration in South Asia by : Rizwanul Islam

Download or read book Economic Integration in South Asia written by Rizwanul Islam. This book was released on 2012-03-28. Available in PDF, EPUB and Kindle. Book excerpt: 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.

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