Over the last 50 years, Asia has been the most successful region in the world in terms of rapid economic development. The success of Asia is largely because of the adoption of the (Manufactured) Export-Oriented Growth Strategy or (M)EOGS by one group of countries after another. (M)EOGS, modeled...

Implications of Bilateral and Sub-regional Trade The paper analyses the impact of bilateral trade and multilateral trade agreements amongst SAARC countries on their agreements with the developed countries. Multilateral agreements for economic development contribute to socio-economic development...

One elusive question still attracts the attention of the researchers and policy makers whether government has a positive or negative role in the growth of a country. Washington consensus depressed the role of the government as an anchor of growth, while the post Washington consensus again...

This research paper offers a selective survey of gravity equation in the International Trade. Gravity equation was first introduced in the Sixties as a purely empirical proposition to explain bilateral trade flow. The data was taken from the SAARC countries to evaluate the factors affecting the...

Different versions of the South Asian Economic Zone has been discussing in the literature. The basic and important justification behind the formation of South Asian Free Economic Zone is not directly concerned with the economic benefits; it is justified on the basis of cultural and historical...

The study analyzed financial market integration in the five countries of South Asia, Pakistan, India, Bangladesh, Sri Lanka and Nepal. All the variables are found to be integrated of the same order in the case of Pakistan, India and Nepal. But for Bangladesh and Sri Lanka they are of different...

The linearity and stationarity of the real exchange rates of India, Nepal, Pakistan and Sri Lanka are investigated using formal linearity and the recently developed nonlinear stationary test procedures. Results obtained show that these real exchange rates are stationary albeit the presence of...

South Asian countryside is potentially an attractive space on the globe though in actuality it is as yet comparatively much less globalised an arena. It has not only a potential vast capacity to supply the valued platter of tropical foods to the world but also a rapidly increasing actual...

We examine the effects of parental emigration from Sri Lanka on the education of the migrants' children left behind. Using access to foreign-employment agencies at community level as an instrument for migration in two-stage least squares estimations, we do not find parental migration matters on...

This paper has been prepared on the basis of the recorded deliberations of the participants attended in the conference “Microfinance in SAARC Countries: Sharing Lessons & Way forward” organized in November-December, 2010, jointly by the Institute of Microfinance (InM), Bangladesh, and Rural...