scholarly journals Comparative Analysis of the US and Chinese Foreign Policy Towards South Asia; Implications for Pakistan

2020 ◽  
Vol V (IV) ◽  
pp. 1-11
Author(s):  
Waseem Ishaque ◽  
Rizwana Karim Abbasi ◽  
Usha Rehman
Keyword(s):  
Foreign Policy ◽  
South Asia ◽  
South Asian ◽  
Middle Eastern ◽  
Chinese Foreign Policy ◽  
Economic Relations ◽  
Asian Region ◽  
The Usa ◽  
Soviet Invasion ◽  
South Asian Region

South Asia has its geopolitical significance due to its proximity with the oil-rich Middle Eastern States, natural resourcerich Central Asia and economically developed states of South-East Asian States. South Asia has two nuclear states; Pakistan and India. Since the end of 2nd World War, the USA has been present which has provided stability to this region. The USA had extended its investment and aid to Pakistan in during cold war which had maintained a Balance of Power between India and Pakistan. U.S. articulated response against Soviet invasion in 1979 and later entered in Afghanistan in 2001 on the pretext of WoT. Chinese foreign policy has fostered stability in South Asian region. Through its "Win-Win" policy, China has very firm economic relations with all South Asian states. Through BRI, China wants economic prosperity in the South Asian region. In such environments, Pakistan must have to act pragmatically, avoiding zero-sum policy.

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 What Leads to Intra-Industry Trade between Sri Lanka and South Asia?

2021 ◽  
Author(s):  
Thilini Saparamadu ◽  
Nesrine Akrimi
Keyword(s):  
Sri Lanka ◽  
South Asia ◽  
South Asian ◽  
Economies Of Scale ◽  
Random Effect Model ◽  
Value Added ◽  
The South ◽  
Industry Trade ◽  
Asian Region ◽  
South Asian Region

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.

Assessing the trade of digitisable goods: implications for South Asia

2020 ◽  
Vol 48 (1) ◽  
pp. 63-78 ◽  
Author(s):  
Rahul Nath Choudhury
Keyword(s):  
International Trade ◽  
South Asia ◽  
South Asian ◽  
Policy Decision ◽  
Policy Framework ◽  
Content Type ◽  
Asian Region ◽  
The Us ◽  
The Difference ◽  
South Asian Region

PurposeThe technological progress has made it possible to transform a physical good into a digital one. This development has influenced international trade and a large volume of these digitisable items are increasingly crossing national boundaries. Goods like books, music and games which were earlier traded physically are now traded online. Digitalisation is reducing the cost of engaging in international trade, connecting businesses and consumers globally, helping to diffuse ideas and technologies and facilitating the coordination of global value chains. The emerging avenues of trade and its format supplemented with fast and ever-changing technology have posed a serious challenge for the policymakers around the world. Policymakers are grappling with several issues regarding digital trade for quite a long time but failed to provide any solution. Institutions like WTO and OECD are also seized with this matter. Yet, we do not have any correct assessment of the potential volume of digital trade. Second, due to the moratorium signed in WTO countries are unable to impose any duty of digital trade. South Asian region which is a net importer of these items loses a huge amount of revenue. Hence, in this study, we make an attempt to assess the potential volume of digital trade in South Asia. The study further tries to estimate the possible loss of tax revenue incurred by this region during the last decade. For both South Asia and India the results for actual import figure are found to be less than the estimated value. A gap of around US$1 billion was found between the actual and estimated import of India, while for South Asia it was the US$ 7 billion.Design/methodology/approachFor estimation, the study largely follows Banga (2019) and extends the methodology further to estimate the tariff revenue loss. Following Banga (2019) the study identifies a list of goods that can be traded in both digitally or physically. In other words, a list of digitisable goods is prepared. Then their import by the South Asian region is measured. Then we examine the tariffs imposed by the individual South Asian countries on the physical trade of these items. The estimation is done by projecting the value of the global physical imports of digitisable products from 2011 to 2017 would have been without digitalisation and what the actual global imports are with digitalisation in this period. The difference between the two gives estimates of total digital imports by the region. The total physical imports of digitisable products in the period 2011–2017 are estimated applying the cumulative growth rate (CAGR) of regional imports of these products over the period 1998–2010. The difference between the estimated physical imports and the actual physical imports provides the estimates of digital imports. Finally, the summation of the tariffs for each of the items gives us the possible figure that the countries are losing by not imposing customs duties.FindingsThe study finds globally an estimated value of digitise items to be US$246 billion which is around the US$100 billion higher than the actual value of $147 billion during 2017. For both South Asian region and India estimated import is found to be higher than the actual value. The study estimated an import of $1 billion and $7 billion took place during 2017 in India and South Asia respectively.Originality/valueDigital trade is undoubtedly one of the highest debated topics in international trade forums. Experts from both academic and corporate discourse are seized with this matter. Policymakers around the globe are poised with this issue to develop a comprehensive policy framework which facilitates the growth of the sector and at the same time safeguard the interest of the stakeholders. South Asian nations like India, Bangladesh and Pakistan are also grappling with this. In this background, it becomes utmost important to estimate the loss that they are incurring to take an informed policy decision.

“Freeing” Trade in South Asia

2012 ◽  
Vol 47 (2) ◽  
pp. 81-100
Author(s):  
Pratima Singh
Keyword(s):  
South Asia ◽  
South Asian ◽  
Economic Integration ◽  
Bilateral Trade ◽  
The South ◽  
Jel Codes ◽  
Asian Region ◽  
Trade Relationship ◽  
Minor Losses ◽  
South Asian Region

This paper discusses economic integration in the South Asian region using an India-centric approach. It suggests that the gains for India withdrawing its tariff on imports from Pakistan and Bangladesh hugely outweigh the losses for the country. It uses a bilateral trade approach, analyzing the India-Pakistan and India-Bangladesh trade relationships. The India-Pakistan relationship shows Pakistan's exports to India contribute much less to India's total imports than to Pakistan's GDP. The benefits of India unilaterally withdrawing tariffs, thus, are substantial. The India-Bangladesh trade relationship, despite having many complementary characteristics, is not very well established. Both the countries will gain immensely if India opens up its borders to their exports. These gains will outweigh the minor losses for India which will be compensated for by its increased goodwill. Economic integration is important to maintain stability in this region and the two bilateral relationships described above are crucial in ensuring this. (JEL Codes: F13, F14, F15)

scholarly journals Indo-US Nuclear deal: Challenge for Pakistan

2021 ◽  
Vol 3 (2) ◽  
pp. 159-164
Author(s):  
Fariha Jabeen ◽  
Asia Saif Alvi
Keyword(s):  
Soviet Union ◽  
South Asian ◽  
Its Region ◽  
The South ◽  
Asian Region ◽  
Common Enemy ◽  
The Usa ◽  
Growing Economy ◽  
The Cold War ◽  
South Asian Region

Pakistan and India were in opposing camps during the cold war while Pakistan was in the West camp and India in Soviet camp. (Gillani, 2021) (Ali, 2020). The demise of Soviet Union gave a chance to China to emerge itself as a challenger to the USA superiority. China's growing economy gave a direction to US policy towards the South Asian region and especially focused on India. India was also trying to be a hegemonic power in its region and common enemy of Pakistan and China. The US knew that there was only India in the south Asian region that will be helpful to combat china because Pakistan was already economically tied with china. There was another important point that America was intentionally focusing on Asia because it need allies in Asia like the EU and the Middle East. So it needs an important ally like India that can shelter the interests of the USA.

Financial Market Regulatory Structure in South Asia

2016 ◽  
pp. 1-18
Author(s):  
Amit Kumar Kashyap ◽  
Anchit Bhandari ◽  
Urvashi Jaswani
Keyword(s):  
Sri Lanka ◽  
South Asia ◽  
South Asian ◽  
Financial Market ◽  
Asian Countries ◽  
Regulatory Structure ◽  
Asian Region ◽  
Different Types ◽  
Complete Study ◽  
South Asian Region

South Asian region is comprising of countries Sri Lanka, Bangladesh, Afghanistan, Nepal, Bhutan, India, Pakistan & Maldives. The different countries are with different values, market standards & different investors. But one thing is very clear that the south Asian countries are having diversified markets. The presence of different types of the investors make it imperative to study the markets very closely. Without the complete study of the markets it is impossible to advice the investment at all. This chapter is dedication to the brief overview of financial market regulatory structure in all major south Asian countries in SAARC region.

The Permissibility of Crowd Funding Within South Asia

2019 ◽  
pp. 951-965
Author(s):  
Michael D'Rosario ◽  
Aaron Busary ◽  
Kairav Raval
Keyword(s):  
United States ◽  
South Asia ◽  
South Asian ◽  
The United States ◽  
Oecd Countries ◽  
The South ◽  
Asian Region ◽  
Jobs Act ◽  
Regulatory Models ◽  
South Asian Region

The chapter will extend upon the extant literature by considering the permissibility of crowdfunding practices within the South Asian region. There is a genuine dearth of research considering these matters, with little research considering the history and permissibility of crowdfunding methodologies within the noted nations. As such the contribution of the chapter is twofold, firstly it represents amongst the first coherent assessments of the use of crowdsourcing based fundraising methodologies within the South Asian region. Secondly it responds to the dearth of research considering the legal permissibility of such practices within the noted nations, while also contrasting the regulatory models of India, Bangladesh, and Sri Lanka with the regulatory models evidenced within selected OECD countries and pertinently the recently reformed model of regulation within the United States, specifically chapter 12 of the Jobs Act (2013).

scholarly journals The Analysis of New Market Potentials and Determinants of Indonesian Export Commodities in the South Asian Region

2019 ◽  
pp. 254-263
Author(s):  
Mohammad Ali Nur Sidiq ◽  
Muhammad Findi ◽  
Muhammad Firdaus
Keyword(s):  
South Asia ◽  
South Asian ◽  
Export Performance ◽  
Real Exchange Rates ◽  
Commodity Prices ◽  
Market Potential ◽  
Export Market ◽  
The South ◽  
Asian Region ◽  
South Asian Region

Indonesia's trade performance with traditional countries in the last five years experienced a deficit. This condition has an impact on the emergence of the national trade balance deficit. Ministry of Trade of the Republic of Indonesia in anticipating this implies a Market Diversification strategy. Through this strategy, Indonesia is expected to be able to develop its export performance in several developing countries that have significant market potential to explore. South Asia is one of the regions that have the potential to become Indonesia's new market destination. This study aimed to analyze new export markets, potential export commodities, and Indonesian export determinants in the South Asian region. The analytical methods used in this study included Revealed Comparative Advantage (RCA), Export Product Dynamic (EPD), Intra Industry Trade (IIT), Trade Complamantarity Index (TCI), and Gravity Model. The results show that five countries in the South Asian region have the potential to become Indonesia's new export market, namely India, Pakistan, Bangladesh, Sri Lanka, and Maldives. Indonesia's potential export commodities in each country are in the position of a rising star, falling star, and lost opportunity markets that are potential to be developed. Exports determinants that affect Indonesia's potential commodity exports in South Asia are importers GDP, differences in GDP per capita, geographic distance, commodity prices, real exchange rates, tariff barriers, and non tariff barriers. This results can be used as an insight for the government to create a relevant trade policy in the South Asian region.

scholarly journals Preprints South Asia Survey 2020: A Report

2020 ◽  
Author(s):  
Susmita Das ◽  
Sridhar Gutam
Keyword(s):  
Open Access ◽  
Impact Factor ◽  
South Asia ◽  
South Asian ◽  
The South ◽  
Asian Region ◽  
Agricultural Sciences ◽  
The Status ◽  
South Asian Region

A survey on conducted to know the status of awareness and attitude particularly towards preprints among the research scholars, scientists and librarians in the South Asian region during the months of April and May 2020 had maximum responses from India (83.71%) and majority of Agricultural Sciences (54%) discipline. Respondents ranked ‘Journal’s Impact Factor’ at the top factor for selecting journals to publish. Seventy five percent had at least 25% of their publications in Open Access and had paid the APCs (65.33%) for publications and the source of funds are personal pooling (30.34%). While 61.72% read preprints, 27.03% have not heard about preprints and 11.26% never read the preprints. However, those read, 64.42% trust the preprints. And why they share preprints is because of ‘belief in open access’ (39.91%), ‘rapid feedback’ (23.53%) and ‘timely sharing results’ (21.72%). With regard to citing preprints, 60.36% never cited any preprints and 79.73% respondent’s preprints were never cited. However, the respondents mentioned that indexing, citing, visibility, consideration in assessment & evaluation will motivate the authors to share preprints.

India and Nepal

1978 ◽  
Vol 17 (3-4) ◽  
pp. 543-579
Author(s):  
L.S. Baral
Keyword(s):  
Foreign Policy ◽  
South Asian ◽  
Deep Understanding ◽  
Common Interest ◽  
Asian Region ◽  
The Past ◽  
Bilateral Relations ◽  
The People ◽  
Policy Objectives ◽  
South Asian Region

A feeling of unprecedented relaxation and deep understanding seems to prevail among the people in the South Asian region in matters of inter-state relationships. This has opened up prospects for a reduction of irritants in mutual relationships among the countries concerned in this region. While following their own foreign-policy objectives the leaders of the various countries are visibly anxious to make efforts, as neighbours should, to improve bilateral relations by dispelling the mist of tension created by misunderstanding, misconception, and mistrust regarding one another in the past. This in its turn has strengthened the hope that the hostility manifested by the leaders of the various countries in dealing with one another in the past would be replaced by a cool and sober stock-taking of the changing national or international situation and that there would be cordiality not only in the conduct of bilateral relations on a reasonable and perfectly reciprocal basis but also in the implementation of joint or multilateral co-operative enterprises in areas of common interest for the all-round development of the region. The policy followed by the Janata Government in India, particularly in regard to its immediate neighbours, since its assumption of power in 1977 is a promising start in that direction.

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