Is Tourism an Accelerator of Economic Growth? An Evidence from South Asian Region

2019 ◽  
Author(s):  
Marina Nazir ◽  
Minhas Akbar ◽  
Irem Batool ◽  
Ammar Hussain
2021 ◽  
Vol 28 (1) ◽  
pp. 20-37
Author(s):  
Arti Yadav ◽  
Badar Alam Iqbal

The present study explores the socio-economic scenario of the South Asian region before and after the outbreak of the COVID-19 pandemic. It analyses the long run and short-run association between human development, unemployment and the economic growth of the region using the Pooled Mean Group (PMG) Autoregressive Distributed Lag (ARDL) model before the situation of the pandemic. It was found that human development has both short-run and long-run association, while the unemployment level has only a long run association with economic growth of the South Asian region. The study suggests that maintaining quality and growth sustainability during and after the pandemic situation will ultimately depend on the human development aspects of the region in terms of appropriate fiscal and monetary policy, vocational training, increased dependence on domestic production and consumption.


2020 ◽  
Vol 6 (2) ◽  
pp. 513-523
Author(s):  
Maria Saddiqa ◽  
Shabana Parveen ◽  
Sher Ali ◽  
Waqas Ahmed

The objective of the study is to examine the key determinants of Terrorism and its Impact on Economic Growth in case of South Asian Region. Panel data is used for the period of 1985-2018 for selected south Asian countries. Terrorism affected adversely most of the world’s regions since the start of the 1980s. The main issues which are faced by these countries are related to political or economic aspects like poverty, inflation, unemployment and repression. In present study we used the role of macroeconomic factors of terrorism. The study comprised of balance panel data and employed Fixed Effect Model to analyze the determinants of terrorism in such a way that characteristics of each country can be taken into account. The findings of the study suggest that higher literacy rate determines terrorism, as confirmed by many studies, because the more  people are educated the more knowledge they may have for making plans or strategies similarly, unemployment is not leading terrorism showing that more the people involved in terrorism are employed or experienced. A terrorist act destroys the infrastructure; people are afraid to move for their work in a terrorized society these results in low production and makes demand greater than supply consequently high inflation rate so economy has to pay higher economic cost in any form.  


2018 ◽  
Vol 21 (1) ◽  
pp. 22-35 ◽  
Author(s):  
Habib Zafarullah ◽  
Ahmed Shafiqul Huque

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.


2020 ◽  
Vol V (IV) ◽  
pp. 41-48
Author(s):  
Muhammad Tasleem Ashraf ◽  
Ali Shan Shah ◽  
Abdul Basit Khan

This research would base on the detailed investigations and steps taken by both countries to build confidence and trust to meet their conflicts and reducing uncertainty and promoting peace. This research will also point out the achievement of confidence building measures which has made possible both sides to start talks to meet the bilateral issues of both sides. The study will examine the importance of CBMs to reduce high tension between India and Pakistan which has made the south Asian region regional peace in danger. The study has also examined the academic work to realize the importance of good relations between the two neighboring nations having the long common border and mutual disputes since independence.


2021 ◽  
Author(s):  
Thilini Saparamadu ◽  
Nesrine Akrimi

This study ascertains the determinants of Intra-Industry Trade (IIT) with particular reference to IIT between Sri Lanka and its major trading partners in South Asia; namely; India, Pakistan and Bangladesh. The study uses secondary data published in World Development Indicators, Penn World Table from 1992 to 2017. The level of IIT is calculated by using data gathered from Comtrade Data Base. Using panel data regression, the study adopts Random Effect model to analyze the regression results. The study concludes that economies of scale measured by difference of value added in the net output of the manufacturing sector and market size measured by average gross domestic product exert a significant influence on the level of IIT in the South Asian region. Differences of per capita Gross National Income (GNI - difference in income level) and tariff rate (the proxy for trade barriers) poses a negative influence on the level of IIT. The policymakers should be concerned about the possibility to increase IIT in the South Asian region. Based on the findings of the study, the present research offers policy recommendations to promote IIT within the region.


Author(s):  
Tansif Ur Rehman

Countries in the developing world, as well as the developed world, are now exploring different ways of facilitating their development process through deployment and exploitation of ICTs within their economies to gain optimum output. More and more facilities are being offered by banks to facilitate their costumers with ease as well as convenience regarding e-banking. Digital enterprise transformation facilitates financial services organizations via enabling them to be more secure, compliant, as well as being digital. It modifies the experience of employees, partners, customers, and stakeholders. But, in Pakistan, this is not the case. As, people still refrain from using ICTs and e-banking in Pakistan, because of various issues. In spite of the fact that the literature encompassing remittances and criminal offenses is limited. Remittances sent by relatives from overseas are an imperative source of domestic income in the South Asian region. But unfortunately, its influence on crime has mainly been unexplored.


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