Economic Cooperation between India and Selected Asian Countries: Current Status and Policy Implications

2013 ◽  
Author(s):  
Choong Jae Cho ◽  
Young Chul Song ◽  
Yun-Jeong Choi ◽  
Woong Lee ◽  
Hye-won Jung
2012 ◽  
Author(s):  
Choong Jae Cho ◽  
Young Chul Song ◽  
Yoon-Jung Choi ◽  
Woong Lee ◽  
Hye-won Jung

2020 ◽  
pp. 72-79
Author(s):  
S. Gavrilova

For several decades, the European Union has been steadily increasing its presence in Central Asian countries. The EU's interests in the region are due to a number of reasons, including the desire to expand its influence in the Central Asian countries, the high importance of the region as a transit corridor between Europe and China, the prospects for economic cooperation, and the importance of the region's energy potential. In May 2019 The European Union has presented a new Strategy for Central Asia, designed to intensify cooperation in a number of areas of interaction. The new strategy is aimed at both implementing these interests and expanding cooperation in a number of other areas.


2021 ◽  
Vol 22 (2) ◽  
pp. 110-121
Author(s):  
Karlygash MUKHTAROVA ◽  
Yermukhambet KONUSPAYEV ◽  
Klara MAKASHEVA ◽  
Karim SHAKIROV

Improving the forms and mechanisms of regional economic integration, deepening the mutual understanding on the formation of an economically and politically secure integrated space, expanding trade and economic relations, elaborating joint actions to maintain regional peace and stability, creating a single information space are among the key areas that have become the basis of cooperation among the Central Asian region (CAR) states. The authors reveal the positive aspects of cooperation among the CAR countries—Kazakhstan, Kyrgyzstan, Uzbekistan, Turkmenistan, and Tajikistan. First and foremost, these include common historical roots, linguistic and cultural similarity, convenient geographical location and established economic ties, which allow the states of Central Asia (CA) to establish a deeper and more active understanding of each other, to solve economic and political problems related to finding and realizing domestic investment potential and expanding regional trade and economic ties. The joint establishment of international transport corridors and infrastructure will help reduce the transport costs for Central Asian countries that supply export products to external markets, which is an important area of ​​cooperation in Central Asia. In addition, the economic problems that exist among the regional countries largely determine the nature of relations between them. Future solution of problems determines the subsequent viability of the Central Asian Regional Economic Cooperation (CAREC) and the regional development prospects. Based on the use of economic research tools, the authors examine the problems caused by the COVID-19 pandemic and their impact on the state of trade and economic relations between the regional states. Post-crisis plans for economic recovery in the Central Asian countries will be developed and implemented in the context of the need to solve the present-day problems associated with the gradual lifting of quarantine measures. In this regard, the quickest possible transition of economies to an upward growth trajectory should launch the expansion of trade and economic cooperation and ties among the Central Asian countries. The authors emphasize the fact that another important problem within CAREC is the fact that CAR economies are dominated by raw materials, which does not solve the problems of reducing social inequality and improving the welfare of the regional population. For this reason, Kazakhstan, like other Central Asian countries, is currently in search of a new economic model. The transformation is crucial because the country needs to overcome its excessive long-term dependence on the export of oil and raw materials. The new economic model should be focused on further industrialization and diversification of the economy, on the search for new innovative approaches and development strategies.


Author(s):  
Muhammad Imran Nazir ◽  
Rehana Tabassam ◽  
Ifran Khan ◽  
Muhammad Rizwan Nazir

This study investigates the causal relationship between banking sector development, inflation, and economic growth for six Asian countries (Bangladesh, China, India, Malaysia, Pakistan and Sri Lanka) over the period of 1970-2016. Using a Pedroni panel, Kao co-integration test, Panel Granger causality-based Error Correction Model, Dynamic ordinary least square (DOLS), and Fully modified ordinary least square (FMOLS), this study finds that the development of the banking sector generally has a positive relationship with economic growth in the long-run. This results show that in the long-run, monetary policy play a vital role in the economic growth. This study also confirmed the response causality between the indicators of banking sector development and economic growth. Based on the empirical findings, this research provides important policy implications to the banking sector and economic supervisory bodies in order to achieve the long run economic growth.


Author(s):  
Shruti Mohapatra ◽  
Raj Kishore Mishra ◽  
Khitish K. Sarangi

Environmentally sustainable energy sources are called for due to contemporaneous development in industries along with the rapid pace of urbanization. Ethanol produced from biomass can be deliberated as a clean and safest liquid fuel and an alternative to fossil fuels as they have provided unique environmental, strategic economic benefits. For the past decade, it has been noticed that there is an increasing trend found in bio ethanol production which has created a stimulus to go for advancement in bio ethanol production technologies. Several feed stocks have been used for the bio ethanol production but the second generation bio ethanol has concentrated on the lignocellulosic biomass. Plenteous lignocellulosic biomass in the world can be tapped for ethanol production, but it will require significant advances in the ethanol production process from lignocellulosic because of some technical and economic hurdles found in commercial scale. This review will encompass the current status of bio ethanol production in terms of their economic and environmental viability along with some research gaps as well as policy implications for the same.


Land Science ◽  
2020 ◽  
Vol 2 (2) ◽  
pp. p21
Author(s):  
Vera Iváncsics ◽  
Krisztina Filepné Kovács

Recently the planning of green infrastructure (GI) has become a general practice around metropolis (Paris, München, Budapest, etc). A complex methodology is required that goes beyond the scope of traditional green surface systems. However, there are various policy implications in the EU, the smaller towns are lagging to apply them. The paper presents a potential evaluation method through the case study of Keszthely, HU. As Keszthely at Balaton Riviera, is a popular touristic target of CEE, the environmental planning is an essential part of sustainable development. After a literature analyses of assessment methods of GI and ecosystem services, the aspects of GI have been valued on grade scales, based on field surveys and indicators. The current status of the GI was surveyed which is a base for further development and monitoring activities. The paper introduces the methodology, which contributes to preservation of ecosystems.


2017 ◽  
Vol 14 (04) ◽  
pp. 1750017 ◽  
Author(s):  
Jarunee Wonglimpiyarat

High-tech businesses are important in enhancing the innovative capacity of nation. Many countries use tax schemes as one of the government policy instruments to provide an environment conducive to the growth of high-tech companies. This paper analyzes the tax policies and R&D tax incentives to promote technology commercialization in Singapore and Thailand. The analysis is focused on the government dimension of Porter’s diamond model. The results reveal the government intervention model whereby the governments of both countries have pursued a developmental state role in fostering innovative entrepreneurship. The study offers insightful lessons linking tax policy to the perspective of science and technology (S&T) policy. The policy implications would be useful to other developing economies in shaping the direction of the national innovation system.


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