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Do South South Trade Agreements Enhance Member Countries Trade Evaluating Implications For Development Potentials In The Context Of Saarc
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Book Synopsis Do South-South Trade Agreements Enhance Member Countries' Trade? Evaluating Implications for Development Potentials in the Context of SAARC. by : Swapan K. Bhattacharya
Download or read book Do South-South Trade Agreements Enhance Member Countries' Trade? Evaluating Implications for Development Potentials in the Context of SAARC. written by Swapan K. Bhattacharya and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The South Asian Association for Regional Cooperation (SAARC) is the least integrated economy in the Asia-Pacific region, whose intraregional trade was only 5.6 per cent in 2006. In order to estimate potential trade of the SAARC Member Countries (SMCs), we have estimated “behind the border” and “beyond the border” constraints, which both appear to be quite significant in all SMCs. Given the level of “beyond the border” constraints, in the absence of full information on all “behind the border” constraints, the combined effect of the latter on actual exports of individual SAARC country is modeled in the gravity equation, which is estimated using the methods suggested in the literature for estimating stochastic frontier production function. Results of the stochastic frontier gravity model show that when FTA among SAARC countries becomes fully operational, smaller members will gain maximum benefits compared to larger members. The paper also analyses the synergy between trade and development goals of the SAARC countries. Since tariffs are not an important barrier in this region, emphasis should be given to liberalization of investment flows, higher technology cooperation, and cooperation in areas of education, literacy, basic health care, gender bias, favorable institutions ensuring good governance, social capital, transparency, transportation costs, infrastructure, to achieve the SAARC development goals (SDGs).
Book Synopsis Do South-south Trade Agreements Enhance Member Countries' Trade? by : Swapan K. Bhattacharya
Download or read book Do South-south Trade Agreements Enhance Member Countries' Trade? written by Swapan K. Bhattacharya and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
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 and published by . This book was released on 2012 with total page pages. 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.
Book Synopsis Regional Integration and Economic Development in South Asia by : Sultan Hafeez Rahman
Download or read book Regional Integration and Economic Development in South Asia written by Sultan Hafeez Rahman and published by Edward Elgar Publishing. This book was released on 2012-04-01 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Global Economic Prospects 2005 written by and published by World Bank Publications. This book was released on 2004 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: This annual publication analyses the global and national dimensions of the investment climate for developing countries, in terms of the policy and institutional environment. This edition examines the growth of regional trade agreements, which have risen eight-fold in two decades with currently, as much as 40 percent of global trade taking place among countries that have some form of reciprocal regional trade agreement. Issues discussed include: regional trading trends; effects of regional agreements on trade creation, trade facilitation and services, investment, intellectual property rights, and labour mobility; whether the proliferation of agreements poses risks for multilateral trading system, and if so, options for managing them. The report finds that agreements leading to open regionalism (that is, deeper integration of trade as a result of low external tariffs, increased services competition, and efforts to reduce cross-border and customs delays costs) are effective as part of a larger trade strategy to promote growth. Although regional agreements can prove beneficial to member countries, they can have adverse effects on excluded countries, and the lowering of border barriers around the world is crucial to minimising these effects. The completion of the Doha Development Agenda by all WTO countries will reduce the risk of trade diversion associated with regional agreements and will decrease trade losses of countries excluded from agreements.
Book Synopsis Potential Exports and Nontariff Barriers to Trade by : Asian Development Bank
Download or read book Potential Exports and Nontariff Barriers to Trade written by Asian Development Bank and published by Asian Development Bank. This book was released on 2019-03-01 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication identifies export products from Maldives that are affected by sanitary and phytosanitary measures and technical barriers to trade. The trade patterns of Maldives within South Asia, particularly with regard to Bangladesh, Bhutan, India, Nepal, and Sri Lanka, were examined and a gap analysis was conducted on relevant legal structures, institutional frameworks, and infrastructure. Specific trade-hindering nontariff measures applied to the potential export products are identified and prioritized recommendations to address them are also proposed.
Book Synopsis Unlocking the Potential of Regional Economic Cooperation and Integration in South Asia by : Nagesh Kumar
Download or read book Unlocking the Potential of Regional Economic Cooperation and Integration in South Asia written by Nagesh Kumar and published by UN. This book was released on 2017 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unlocking the Potential of Regional Economic Cooperation and Integration in South Asia
Book Synopsis Energy Trade in South Asia by : Sultan Hafeez Rahman
Download or read book Energy Trade in South Asia written by Sultan Hafeez Rahman and published by Asian Development Bank. This book was released on 2011-12-01 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: The South Asia Regional Energy Study was completed as an important component of the technical assistance project Preparing the Energy Sector Dialogue and South Asian Association for Regional Cooperation Energy Center Capacity Development. It involved examining regional energy trade opportunities among all the member states of the South Asian Association for Regional Cooperation. The study provides interventions to improve regional energy cooperation in different timescales, including specific infrastructure projects which can be implemented during these periods.
Download or read book Exports to Jobs written by Erhan Artuc and published by World Bank Publications. This book was released on 2019-02-25 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: South Asia has grown rapidly with significant reductions in poverty, but it has not been able to match the fast-growing working age population, leading to lingering concerns about jobless growth and poor job quality. Could export growth in South Asia result in better labor market outcomes? The answer is yes, according to our study, which rigorously estimates—using a new methodology—the potential impact from higher South Asian exports per worker on wages and employment over a 10-year period. Our study shows the positive side of trade. It finds that increasing exports per worker would result in higher wages—mainly for better-off groups, like more educated workers, males, and more-experienced workers—although less-skilled workers would see the largest reduction in informality. How can the benefits be spread more widely? Our study suggests that scaling up exports in labor-intensive industries could significantly lower informality for groups like rural and less-educated workers in the region. Also, increasing skills, and participation of women and young workers in the labor force could make an even bigger dent in informal employment. The region could achieve these gains by: (i) boosting and connecting exports to people (e.g., removing trade barriers and investment in infrastructure); (ii) eliminating distortions in production (e.g., by more efficient allocation of inputs); and (iii) protecting workers (e.g., by investing in education and skills).
Download or read book Accra Agenda for Action written by OECD and published by OECD Publishing. This book was released on 2008-09-04 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt: Designed to strengthen and deepen implementation of the Paris Declaration, the Accra Agenda for Action (AAA) takes stock of progress and sets the agenda for accelerated advancement towards improving the quality and impact of aid.
Book Synopsis Trade And Investment In South Asia: An Analysis by : Choudhury Rahul Nath
Download or read book Trade And Investment In South Asia: An Analysis written by Choudhury Rahul Nath and published by World Scientific. This book was released on 2019-09-26 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foreign Direct Investment (FDI) flows started gaining traction in South Asia from the late 20th century onwards, when nations from the South Asian Association for Regional Cooperation (SAARC) began moving away from highly controlled regimes and adopting liberal and open economic policies.In the context of surplus labour and capital scarcity faced by South Asian countries such as India, Pakistan, Bangladesh and Sri Lanka, to varying degrees, the economic reform process has provided an opportunity to actively promote inward FDI flows, with the goal of providing the much-needed capital for the growth of this region. Several policy initiatives were undertaken to attract FDI and incentives were announced to fascinate investors, resulting in the inflow of FDI across the region.This book examines FDI inflows in SAARC nations in the light of regional policy changes in the 21st century. It investigates the relationship between trade and FDI in the region, and also provides insights into the ease of doing business in the SAARC region.
Book Synopsis The South Asian Association for Regional Cooperation (SAARC) by : Lawrence Saez
Download or read book The South Asian Association for Regional Cooperation (SAARC) written by Lawrence Saez and published by Routledge. This book was released on 2012-05-23 with total page 163 pages. Available in PDF, EPUB and Kindle. Book excerpt: The text provides a comprehensive introduction to the SAARC, describing the historical developments that lead to its formation, it examines the institutional structure, objectives and effectiveness of the SAARC in its role as South Asia’s leading regional institution. Drawing on original research it offers a fresh and accessible account of SAARC, arguing that South Asia forms a unique regional security complex that enables certain forms of regional cooperation and bars cooperation on other issue areas
Book Synopsis Regional Economic Integration in South Asia by : Amita Batra
Download or read book Regional Economic Integration in South Asia written by Amita Batra and published by Routledge. This book was released on 2012-12-12 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Regionalism and Regional Security in South Asia by : Zahid Shahab Ahmed
Download or read book Regionalism and Regional Security in South Asia written by Zahid Shahab Ahmed and published by Routledge. This book was released on 2016-04-08 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Zahid Shahab Ahmed evaluates the progress of the South Asian Association for Regional Cooperation (SAARC). This study goes beyond economic integration to present a detailed appraisal of cooperation under the overarching themes of economic cooperation, environmental security, human welfare, and cooperation in security matters. According to the author, SAARC is making progress in addressing the myriad of issues on its agenda. The transition from agreements to actions and frequent interactions among the member states has boosted confidence. The progress of SAARC is more evident in the less controversial areas of human security, such as poverty alleviation, health and safety, human resources development, and higher education. Notwithstanding enthusiastic commitments reflected in agreements and action plans, there is a gulf between rhetoric and implementation most notably in sensitive areas relating to traditional security. In the light of the findings of this study, the author proposes that greater cooperation in common human security areas has a potential to pave the way for a cooperation on issues of a ’contentious’ nature, particularly terrorism.
Book Synopsis Globalization and the South by : Martin Khor
Download or read book Globalization and the South written by Martin Khor and published by . This book was released on 2000 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: Text of this paper was circulated at the South Summit, Havana, Cuba, 10-14 Apr 2000.
Book Synopsis Deepening Economic Cooperation between India and Sri Lanka by : Indra Nath Mukherji
Download or read book Deepening Economic Cooperation between India and Sri Lanka written by Indra Nath Mukherji and published by Asian Development Bank. This book was released on 2013-09-01 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes the performance and impact of the India–Sri Lanka free trade agreement over the past decade and suggests the way forward. India became an important source of imports for Sri Lanka immediately after the implementation of the free trade agreement. Bilateral trade between the countries increased steadily thereafter, with Sri Lankan commodities finding a large market in India. The composition of trade also changed with an increased number of new goods being traded. The book computes indices and suggests scope for deepening economic cooperation between the two countries by pruning the negative lists for trade in goods, identifying potential investment, and suggesting policies for expanding cooperation in services.
Book Synopsis Asian Economic Integration in an Era of Global Uncertainty by : Shiro Armstrong
Download or read book Asian Economic Integration in an Era of Global Uncertainty written by Shiro Armstrong and published by ANU Press. This book was released on 2018-01-08 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Pacific Trade and Development (PAFTAD) conference series has been at the forefront of analysing challenges facing the economies of East Asia and the Pacific since its first meeting in Tokyo in January 1968. The 38th PAFTAD conference met at a key time to consider international economic integration. Earlier in the year, the people of the United Kingdom voted to leave the European Union and the United States elected Donald Trump as their next president on the back of an inward-looking ‘America First’ promise. Brexit and President Trump represent a growing, and worrying, trend towards protectionism in the North Atlantic countries that have led the process of globalisation since the end of the Second World War. The chapters in the volume describe the state of play in Asian economic integration but, more importantly, look forward to the region’s future, and the role it might play in defending the global system that has underwritten its historic rise. Asia has the potential to stand as a bulwark against the dual threats of North Atlantic protectionism and slowing trade growth, but collective leadership will be needed regionally and difficult domestic reforms will be required in each country.
