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Recent developments in South Asian countries, especially the re-emergence of democratic governments, new growth momentum despite the global economic downturn and greater openness, warrant a fresh look at the region's prospects for economic integration. On the basis of a thorough review of the...
Persistent link: https://www.econbiz.de/10011283454
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Intra South Asian Association for Regional Cooperation (SAARC) trade isn’t of commendable value as compared to that of EU or ASEAN. The question arises, does the trend imply failure of SAARC in economic terms or the root failure lies outside the rational scope of trade? Therefore, an attempt...
Persistent link: https://www.econbiz.de/10014112577
Regional cooperation arrangements (RCAs) have produced vastly dissimilar performances; some have spurred remarkable expansion in trade and cooperation among members, while several others have achieved little. Studies show that performances vary because RCAs differ from one another in important...
Persistent link: https://www.econbiz.de/10011283435
Globalization polarized the world and made international trade very competitive. Each and every country is trying to exploit whatever trade opportunities are available. The World Trade Organisation (WTO) contracting countries are facing various barriers to trade promotion. Due to bureaucratic...
Persistent link: https://www.econbiz.de/10013159541
We assess food trade among and across two Asian trading blocs, the Association of Southeast Asian Nations (ASEAN) and the South Asian Association for Regional Cooperation (SAARC), and China. Using most recent innovations in the empirical trade model, we find subpar trade for several countries...
Persistent link: https://www.econbiz.de/10012838676
This article assesses the opportunities and challenges for different categories of FinTechs in the SAARC and ASEAN regions. We consider the global financial inclusion data released by the World Bank and map the responses to gain insights into the opportunities and challenges for FinTechs in the...
Persistent link: https://www.econbiz.de/10012821563
Economic integration is the result of non discrimination between the goods and services of different countries and territory. With the loose application of multilateralism, regional integration of economy was propelled in different nook and corner of the earth. European Union is the paragon of...
Persistent link: https://www.econbiz.de/10012850804
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The study attempts to analyse India's trade potential with other SAARC member states under the SAFTA agreement by means of the augmented gravity model, at annual frequency from 1992 to 2019 in general and from 2004 to 2019 in particular. The findings of this paper prove that the intra-regional...
Persistent link: https://www.econbiz.de/10012655798