business cycle synchronization is an important topic since it involves with transfering economic shocks among the countries with some degree of business cycle synchronization. The synchronization may be increased by integrating. Estimating index of synchronization(de-trended real GDP...

Intra industry trade may promote bilateral and multilateral trade among the ECO members. The paper has investigated IIT and its potentials between the countries. The methodology is based on recent indices of IIT types. The results indicate low but increasing intra industry trade between the...