Role of SAARC in Convergence of South Asian Economies

2016 ◽  
pp. 144-169 ◽  
Author(s):  
Sudhakar Patra
Keyword(s):  
South Asian ◽  
Regional Integration ◽  
World Trade ◽  
Secondary Data ◽  
High Growth ◽  
Asian Countries ◽  
Intensity Index ◽  
Macroeconomic Fundamentals ◽  
Import Share

The objective of the chapter is to analyze the role of SAARC in regional integration, trade convergence in south Asia. It also highlights the pattern and direction of export and import, share in world trade, preferential trading in South Asian countries. With strong and improving macroeconomic fundamentals, the South Asian region is well established on a high growth path. Based on secondary data on South Asian trade collected from South Asian Economic reports and other statistical volumes, the study observes a decreasing trend of export during the period 1990-2011. Consequently, the overall intra-regional trade intensity index decreased to 1.5 in the year 2010 from 4.2 in the year 2005. SAARC and SAFTA have not contributed in integration and convergence of South Asian Countries rather lead to trade divergence.

scholarly journals Decomposing the Role of Different Factors in CO2 Emissions Increase in South Asia

2019 ◽  
Vol 14 (1) ◽  
pp. 72-86
Author(s):  
Monika Gupta
Keyword(s):  
South Asia ◽  
South Asian ◽  
Decomposition Analysis ◽  
High Growth ◽  
Growth Potential ◽  
Asian Countries ◽  
Negative Effect ◽  
Emissions Intensity ◽  
Sustainable Economic Growth

AbstractThe purpose of this paper is to determine the role of different important factors responsible for CO2 emissions increase in South Asia. Decomposition analysis has been done to see the factors which are primarily responsible for changes in CO2 emissions. Logarithmic Mean Divisia Index is used to quantify the role of different important factors in CO2 emissions increase during 1980 to 2014 in seven major South Asian countries - Bhutan, Bangladesh, India, Maldives, Nepal, Pakistan and Sri Lanka. The analysis shows that income effect and population effect are the major determinants in the increase in per capita emissions whereas fuel intensity and in few cases, emissions intensity has a negative effect in emissions increase in most of these countries. Due to high growth potential, emerging trend and rich resource endowments, it is suggested that South Asian countries should accelerate their efforts and cooperate to reduce CO2 emissions and energy consumption. This will help to attain sustainable economic growth in future.

scholarly journals South Asian Countries in Regional Integration Perspective: A Critical Review

2015 ◽  
Vol 9 (2) ◽  
pp. 43-59
Author(s):  
Sharmin Sultana ◽  
Jumana Asrat
Keyword(s):  
South Asian ◽  
Regional Integration ◽  
Free Trade Agreement ◽  
Regional Cooperation ◽  
Secondary Data ◽  
Trade Agreement ◽  
Developed Countries ◽  
Competitive Advantages ◽  
Asian Countries ◽  
Strong Source

This article focuses on regional integration among the eight South Asian countries i.e. Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka. This study attempts to undertake an in-depth assessment of the potential of South Asian Free Trade Agreement (SAFTA) in South Asian Association for Regional Cooperation (SAARC) countries. The study is based on secondary data collected from different reliable sources. SAFTA can be a strong source of economic development and it can also enhance socio-economic opportunities throughout the region. Larger and economically stronger countries can achieve better bargaining power on trade negotiations by utilizing existing competitive advantages and regional expertise of the region as a unit. This approach can also help less developed countries to develop their economies and also can ensure the best possible use of the existing resources.Journal of Business and Technology (Dhaka) Vol.9(2) 2014; 43-59

scholarly journals AN ANALYTICAL STUDY OF TOTAL FDI INFLOW, OUTFLOW AND NET FDI OF FIVE SOUTH ASIAN COUNTRIES OVER THE PERIOD 1992–2019

2021 ◽  
pp. 417-435
Author(s):  
Sushanta Kumar Tarai ◽  
Prof. Sudhakar Patra
Keyword(s):  
Sri Lanka ◽  
South Asian ◽  
Analytical Study ◽  
Time Series Data ◽  
Secondary Data ◽  
Series Data ◽  
Asian Countries ◽  
Causality Test ◽  
Development Indicators ◽  
The World Bank

This present research aims to analyze the total FDI inflow, outflow and net FDI of five South Asian countries over the period 1992–2019.This study is based on 28years Time series data taken from the World Bank Development Indicators. In order to compare the FDI inflow, outflow and net FDI inflow of India, Pakistan, Sri Lanka, Bangladesh, Nepal over the period 1992–2019,both descriptive and inferential statistical tools such as correlation test, paired t test, the familiar linear regression model, Granger-Causality test, percentage analysis and tables, are used for analysis, hypothesis testing and interpretation of data. This study used various secondary data. Economic development of the developing countries like India, Pakistan, Sri Lanka, Bangladesh, and Nepal largely rely on FDI. However, the study also reveals that in the last two decades, India received 23 times more FDI than Bangladesh, Pakistan, Sri Lanka and Nepal. For attracting more FDI, these nations require to create more congenial and favorable atmosphere towards the foreign investors. It is also concluded that the after implementing make in India campaign investing countries in total FDI inflow are increased. KEYWORDS: FDI inflow, FDI outflow, GDP growth.

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.

Implications of SAFTA for Indian Economy: Trade, Compatibility and Welfare Effects

2019 ◽  
Vol 54 (4) ◽  
pp. 355-374
Author(s):  
Hansa Jain
Keyword(s):  
South Asian ◽  
Allocative Efficiency ◽  
Geographical Location ◽  
Secondary Data ◽  
Free Trade Area ◽  
Welfare Effects ◽  
Trade Intensity ◽  
Asian Countries ◽  
Indian Economy ◽  
Trade Share

Among the members of South Asian Free Trade Area (SAFTA), India dominates in terms of its geographical location, land area, population size and economic share. However, SAFTA is treated as a weak agreement as India is highly outward oriented for trade. This raises a question about India’s trade compatibility with South Asian countries. Also since SAFTA is now fully implemented, there is a need to determine its welfare effects for India as well as for the region. The study focuses on (a) trends and patterns of India’s intra-regional trade with South Asian countries, (b) trade compatibility and (c) welfare effects of SAFTA for the Indian economy. India’s trade intensity, trade share and trade compatibility with the other regional members is calculated. GTAP simulations are used to determine welfare effects. The study is based upon the secondary data. The study finds that with the implementation of SAFTA, India’s trade intensity and trade share with its regional members has slightly improved. Trade compatibility though low, is gradually improving. The study considers SAFTA as a positive sum game for India. India is likely to have favourable allocative efficiency effect, terms of trade effect and investment-savings effect if trade facilitation measures are adopted. JEL Codes: F150, F10, F140, C150

scholarly journals Export Earnings, Capital Instability and Economic Growth in South Asia

2003 ◽  
Vol 8 (1) ◽  
pp. 65-89
Author(s):  
Muhammad Aslam Chaudhary ◽  
Amjad Naveed
Keyword(s):  
Economic Growth ◽  
South Asian ◽  
Foreign Capital ◽  
Developed Countries ◽  
Export Diversification ◽  
Asian Countries ◽  
The Impact ◽  
The Relationship

During the last two decades the role of international trade and flow of foreign capital have received considerable attention in the literature. Various studies have examined the impact of export instability and capital instability on economic growth in less developed countries.1 Empirical evidence supports the hypothesis of a deleterious impact of export instability on economic growth. However, some studies also indicated that the relationship was unstable but positive with economic growth.2 Yet there are no systematic empirical investigations into the implied links between export diversification and long-term economic growth, particularly in the case of South Asian countries. The major concern regarding export instability is that it retards economic growth.

scholarly journals Ethical Leadership and Whistleblowing: Mediating Role of Stress and Moderating Effect of Interactional Justice

2020 ◽  
Vol 3 (3) ◽  
pp. 1-11
Author(s):  
Muhammad Osaid Rabie ◽  
Marlin Abdul Malek
Keyword(s):  
South Asian ◽  
Ethical Leadership ◽  
Interactional Justice ◽  
Asian Countries ◽  
Mediating Role ◽  
Telecom Sector ◽  
The Relationship ◽  
Practical Implications ◽  
Structured Questionnaire

Purpose- Prevalence of corporate frauds is critical, therefore, identifying and institutionalizing the bad apples in the barrel which are engaged in wrongdoings is much needed and must be brought to the lights through whistleblowing. Design/Methodology- Data were collected from the South Asian countries through a structured questionnaire from the employees of the telecom sector. Three hundred twenty-nine samples were gathered to test hypothesized relationships. Findings- Results showed that whistleblowing intentions of employees through psychological stress mediates the behaviors of their leaders, which turns ethical leadership at the workplace. Further, ethical leadership positively impacts employees’ intention to blow the whistle at the workplace. Furthermore, the analysis showed that interactional justice moderates the relationship between ethical leadership and intention to blow the whistle of employees Practical Implications- This research gives a different perspective to the managers to develop such a culture that enables an honest and trustworthy environment, which may enable the employees to point out the wrongdoings they witness while working at the workplace.

Trend and Impact of Military Expenditure on Economic Growth in South Asia

2018 ◽  
pp. 253-269 ◽  
Author(s):  
Sudhakar Patra
Keyword(s):  
Economic Growth ◽  
South Asian ◽  
Military Personnel ◽  
Positive Impact ◽  
Secondary Data ◽  
Military Expenditure ◽  
Asian Countries ◽  
Economic Productivity ◽  
Macroeconomic Indicators ◽  
Per Capita

The objective of the chapter is to analyze trend, pattern, and impact of military expenditure in South Asian countries, namely Bangladesh, India, Nepal, Pakistan, and Sri Lanka. The study is based on secondary data from World Bank database, South Asian report, and RBI macroeconomic indicators. The trend of military expenditure has been analyzed using line graphs for all five South Asian countries. Military spending is higher as percentage of GDP in Pakistan among all South Asian countries. Military expenditure has positive impact on economic growth in South Asian countries. The study suggested effective military expenditure strategies and expenditure which is important for improving economic productivity and growth of countries. There is positive correlation between total military personnel and per capita GDP in all South Asian countries except Pakistan.

Role of E-Diplomacy in Maintaining India's Diplomatic Relations and in Shaping Foreign Policy With South Asian Countries and With International Community

2018 ◽  
pp. 83-98
Author(s):  
Swati Jaywant Rao Bute
Keyword(s):  
Foreign Policy ◽  
New Media ◽  
International Relations ◽  
South Asian ◽  
National Level ◽  
International Community ◽  
Asian Countries ◽  
Changing Practice ◽  
International Diplomacy

In a globalized world when countries are working together in different areas such as economic, political, geopolitical, defense, security, and science and technology, media plays an important role in keeping them updated about the actual and ground level realities about different countries. This chapter examines how new media is important in international relations and diplomatic affairs, what role new media is playing in international relations, India's relations with South Asian countries and role of media diplomacy, India's relations with international community and role of e-diplomacy, people's participation in discussion and dialogue in international relations and its impact in diplomatic policies, relation between people's participation and deciding policies and national level, increasing role of new media and changing practice of international diplomacy, and foreign policy adopted by governments.

Sign in / Sign up

Export Citation Format

Share Document