Regional Integration in Services in South Asia

2018 ◽  
Vol 55 (2) ◽  
pp. 167-193
Author(s):  
Anil Kumar Kanungo
Keyword(s):  
South Asia ◽  
South Asian ◽  
Regional Integration ◽  
Regional Cooperation ◽  
Investment Policies ◽  
Services Integration ◽  
Investment Opportunities ◽  
Integration Of Services ◽  
Key Drivers ◽  
Liberal Approach

Regional integration in South Asia remains a distant priority for South Asian Association for Regional Cooperation countries. In the area of services, this region offers a great potential. This article aims to examine the opportunities that exist in services and analyses the constraints that impede regional integration in services in South Asia. It highlights the gamut of scope and benefits that can be accrued from this regional integration in services provided certain constraints such as regulatory, infrastructural, institutional and business-related constraints are addressed adequately. The article argues that the region throws up several political and economic challenges which merit immediate attention to further the cause of integration of services. It identifies intraregional mobility, trade facilitation and investment opportunities as the key drivers of regional integration. Sectors such as tourism and health care have huge potential. Intervention from governments of all member countries in specific sectors like tourism is crucial to realize the goal. The article argues for an open, broad-based, flexible regional services agreement, which takes a liberal approach to services integration. It is important that regulatory harmonization, liberal investment policies, willingness towards free movement of natural persons and political will of high order are encouraged to seek such integration in services.

scholarly journals Analisis Teori Fungsionalisme pada Integrasi Kawasan Asia Selatan (Studi Kasus Konflik India-Pakistan di wilayah Kashmir)

2020 ◽  
Vol 1 (1) ◽  
pp. 181-195
Author(s):  
Tri Shinta
Keyword(s):  
South Asia ◽  
South Asian ◽  
Regional Integration ◽  
Regional Cooperation ◽  
The South ◽  
Member States ◽  
The Real ◽  
Complex Region ◽  
Good Relation

South Asia is a complex region. It is marked with the emergence and continuity of the conflict. India-Pakistan conflict is one of them. This conflict begun on 1947 and the biggest of conflict divided into three conflicts. Functionalism according to David Mitrany in “A Working Peace System” believes that Region Integration is trusted to make the conflict lower and good relation among state. This perception applied on 1985 in South Asia, which known with SAARC (The South Asian Association for Regional Cooperation). The fact, this conflict still continues till today. However, this paper seeks for the analysis of how’s functionalism theory explain the conflict of India-Pakistan on the regional integration: is that the conflict form an ideal integration of Sout Asia and decline the conflict, or conversely. Furthermore, the result of this research describes that Functionalism is not success on explaining South Asia integration, which means the India-Pakistan conflict still exist and the real integration among member states still not exist yet.

Rejuvenating SAARC: The Strategic Payoffs for India

2008 ◽  
Vol 8 (2) ◽  
pp. 1850132 ◽  
Author(s):  
Aparna Sawhney ◽  
Rajiv Kumar
Keyword(s):  
South Asia ◽  
South Asian ◽  
Regional Integration ◽  
Regional Cooperation ◽  
The South ◽  
Strategic Objectives ◽  
Economic Interaction ◽  
Central Argument ◽  
Political Economic ◽  
Indian Perspective

The South Asian Association for Regional Cooperation, SAARC, founded in 1985, has floundered since its inception due to the lack of a strong political will. This article evaluates the political-economic and strategic benefits of deeper integration in South Asia from the Indian perspective. The abysmally low level of integration witnessed so far in the region has been driven by a myriad of constraints that restrict economic interaction among the South Asian countries. Gains from regional integration can emerge only after these constraints are effectively addressed. The central argument of the article is that recent global developments and increasing openness of SAARC economies are moving the principal drivers of this process towards a more supportive stance for SAARC and this creates a new window of opportunity. This opportunity must be seized by India as it has taken on the chairmanship of the organization, because a successful SAARC directly contributes to India's strategic objectives both in the region and also globally. In this context the article discusses ten reasons for India to rejuvenate integration efforts and revive regional cooperation in South Asia.

scholarly journals Climate change, regulatory policies and regional cooperation in South Asia

2018 ◽  
Vol 21 (1) ◽  
pp. 22-35 ◽  
Author(s):  
Habib Zafarullah ◽  
Ahmed Shafiqul Huque
Keyword(s):  
Climate Change ◽  
South Asia ◽  
South Asian ◽  
Regional Cooperation ◽  
Well Being ◽  
The South ◽  
Content Type ◽  
Regulatory Policies ◽  
Asian Region ◽  
South Asian Region

Purpose With climate change and environmental degradation being major issues in the world today, it is imperative for governments within a regional setting to collaborate on initiatives, harmonize their policies and develop strategies to counter threats. In South Asia, several attempts have been made to create a common framework for action in implementing synchronized policies. However, both political and technical deterrents have thwarted moves to accommodate priorities and interests of collaborating states. The purpose of this paper is to assess these issues and existing policies/strategies in selected South Asian countries and evaluate integrated plans of action based on collaborative partnerships. Design/methodology/approach Using a broad exploratory and interpretive approach, this paper evaluates how harmonization of environmental principles and synergies among countries can help reduce the effect of climate change and environmental hazards. Based on a review of ideas and concepts as well as both primary and secondary sources, including official records, legislation, inter-state and regional agreements, evaluation reports, impact studies (social, economic and ecological), and commentaries, it highlights several initiatives and processes geared to creating environmental protection standards and practices for the South Asian region. Findings Climate change has resulted in devastating impacts on people. It contributed to the proliferation of climate refugees and high incidence of poverty in South Asia. The region faces both political and technical obstacles in developing a sustainable approach to combat climate change. This is exacerbated by non-availability of information as well as reluctance to acknowledge the problem by key actors. The best strategy will be to integrate policies and regulations in the various countries of the region to develop strategic plans. The approach of prevention and protection should replace the existing emphasis on relief and rehabilitation. Originality/value The paper provides a critical overview of the climatic and environmental problems encountered in the South Asian region and provides pointers to resolving shared problems through the use of policy instruments for regulating the problems within the gamut of regional environmental governance. It attempts to identify solutions to offset regulatory and institutional barriers in achieving preferred results by emphasizing the need for redesigning regulatory structures and policy approaches for ecological well-being.

scholarly journals Economic Implications of Deeper South Asian–Southeast Asian Integration: A CGE Approach

2015 ◽  
Vol 14 (3) ◽  
pp. 63-81 ◽  
Author(s):  
Ganeshan Wignaraja ◽  
Peter Morgan ◽  
Michael G. Plummer ◽  
Fan Zhai
Keyword(s):  
Southeast Asia ◽  
South Asia ◽  
South Asian ◽  
Computable General Equilibrium ◽  
Regional Cooperation ◽  
Computable General Equilibrium Model ◽  
Trade Costs ◽  
Regional Trade ◽  
Economic Implications ◽  
Asian Integration

Using a computable general equilibrium model, this paper estimates the potential gains from deepening integration across South Asia and Southeast Asia. If the two regions succeed in dropping inter-regional tariffs, reducing non-tariff barriers by 50 percent, and decreasing inter-regional trade costs by 15 percent—which the paper suggests are ambitious but nevertheless attainable—welfare in South Asia and Southeast Asia would rise by 8.9 percent and 6.4 percent of GDP, respectively, by 2030. Hence, we conclude that deepening South Asian regional cooperation together with building links to Southeast Asia would pay off rich dividends.

Investigating the Role of Regional Economic Integration on Growth: Fresh Insights from South Asia

2020 ◽  
pp. 097491012097480
Author(s):  
Muhammad Ibrahim Shah
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
South Asia ◽  
South Asian ◽  
Economic Integration ◽  
Regional Integration ◽  
Policy Implications ◽  
Regional Economic Integration ◽  
Asian Countries ◽  
Regional Economic

Regional economic integration is the key to achieving prosperity and stability. However, intra-regional trade in South Asia accounts for not more than 5%–6% of their total trade. This study aims to examine the role played by regional economic integration in determining the economic growth of South Asian countries over the period 1980–2015. Since shocks in one country may affect another country in the region, this is taken into account in the article by employing methodologies that are robust to cross sectional dependence. Specifically, continuously-updated and bias-corrected (CupBC) of Bai et al. (2009) and Dumitrescu–Hurlin panel causality test (2012) have been employed to estimate long-run coefficients and determine the direction of relationship among the variables, respectively. The findings suggest that economic integration increases economic growth significantly in this region. However, contrary to popular belief, both democracy and human capital are negatively related to economic growth. Bidirectional causality is found between economic integration and democracy, regional integration and human capital, democracy and human capital and, democracy and labor. This study also presents several policy implications for South Asian countries.

Institutions of International Law and the Development of Regional Forum for Peaceful Dialogue in South Asia

2006 ◽  
Vol 1 ◽  
pp. 1-18 ◽  
Author(s):  
Javaid Rehman
Keyword(s):  
South Asia ◽  
International Law ◽  
South Asian ◽  
Regional Cooperation ◽  
Regional Institutions ◽  
Political Conflicts ◽  
The World ◽  
Peace And Security ◽  
Substantial Risk

AbstractSince 11 September 2001, international law and the community it governs are at a crossroads. While the world appears to be besieged by terrorist threats from non-state actors such as the Al-Qaeda, there is also a substantial risk of super-power unilateralism and arrogance. Amidst these crises, South-Asia occupies a sensitive and vulnerable position. The region is also beset with ethnic, religious, and domestic political conflicts which provide substantial threats to regional peace and security. Against the backdrop of the enormous complications faced by South Asia, the present article considers the role of international and regional institutions in developing forums for establishing peace and security for the region, as well greater promotion of human rights. A particular focus is upon the South Asian Association for Regional Cooperation (SAARC) which, it is contended, is an organisation capable of providing a suitable platform for peaceful dialogue within South-Asia.

South Asian Regional Integration – Challenges and Prospects

2014 ◽  
Vol 15 (2) ◽  
pp. 299-316
Author(s):  
MOHD AMINUL KARIM
Keyword(s):  
South Asia ◽  
South Asian ◽  
Regional Integration ◽  
Future Prospects ◽  
Regional Economic ◽  
High Politics

AbstractSouth Asian regional integration is seemingly confronting many challenges. The aim of this paper is to identify those challenges and also look for prospects. Although regional integration in South Asia has adopted a kind of institutionalization, it is yet to deliver any concrete outcomes. High-politics and the not-so-conducive regional economic structures hinder any effectual culmination. However, constructivism, as a theory, is given due credence in this paper when looking for future prospects. The paper highlights the issues, and attempts to offer certain policy directions by analyzing the challenges and identifying the prospects in the on-going integration/cooperation process.

scholarly journals Impact of Belt and Road Initiative (BRI) on China and South Asia Trade Integration

2021 ◽  
Vol 04 (01) ◽  
Author(s):  
Mst. Sahiba Mahbub ◽  
Keyword(s):  
International Trade ◽  
Data Analysis ◽  
South Asia ◽  
South Asian ◽  
Regional Cooperation ◽  
P Value ◽  
Chinese Government ◽  
Belt And Road Initiative ◽  
Trade Integration ◽  
Belt And Road

Belt and Road Initiative (BRI) is one of the noteworthy initiatives of the Chinese government. It has been intended to interface neighboring 65 nations to enhance inter-regional international trade. This research focused on China and South Asia international trade under BRI framework. South Asian nations share pretty much the equivalent social and social foundation. From the South Asian Association of Regional Cooperation (SAARC) the initiative for trade connectivity has started in this sub-region. Later several trade agreements came into force. In this present research, researchers uncovered present trade integration with China and South Asian countries. To estimate results we have applied gravity model equation. Estimated results support that BRI has a positive and significant impact on trade Integration among China and South Asia. The significance level of P-value falls below 1%. For data analysis, several databases have been utilized likewise, UN-Comtrade, World Bank, World Integrated Trade Solution (WITS), etc. Data analysis part has done with the application of Stata.

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