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Prospects of Regional Economic Cooperation in South Asia

Book Description

This book is aimed at researchers and students at graduate and post-graduate level in the field of economics and international trade. The book is written against the backdrop of sluggish progress of multilateral trade negotiations under the framework of the World Trade Organization (WTO) regime which has provided impetus to the signing of regional/bilateral trade agreements the world over. This book examines the prospects and impact of regional economic cooperation in the South Asia region using various approaches; and focuses specifically on the South Asian Free Trade Agreement (SAFTA). The book also includes special studies on Indian industries: pharmaceuticals, textiles and clothing, and traditional (i.e. lock, brassware and glassware) industries in north India.

  • Provides a detailed analysis of the prospects and impact of regional economic cooperation in South Asia through alternative approaches
  • Draws on the author’s rich experience in the field of economics and trade to assess the prospects and impact of RTA/FTA
  • Contributions are presented from highly knowledgeable and rich experienced researchers in the field

Table of Contents

  1. Cover image
  2. Title page
  3. Table of Contents
  4. Copyright
  5. List of figures and tables
  6. List of acronyms
  7. About the author
  8. List of contributors
  9. Foreword
  10. Part I: Regional economic cooperation in South Asia
    1. Chapter 1: Regional trade agreements: trends, taxonomy and motivation
      1. Abstract:
      2. Proliferation of regional trade agreements in the world economy
      3. Regional trade agreements: taxonomy
      4. Motivations to form regional trade agreements
      5. Pre-conditions and key principles for successful regional integration
    2. Chapter 2: Regional trade agreements in South Asia
      1. Abstract:
      2. Introduction
      3. Bilateral arrangements
      4. Multilateral/inter-regional agreements
      5. Legal basis of RTAs in South Asia
    3. Chapter 3: Regional economic cooperation in South Asia: a literature review
      1. Abstract:
      2. Recent literature on regional trade cooperation worldwide
      3. The debate on RTAs: arguments in favor and against
      4. The ‘natural trading partner’ hypothesis as a criterion for the success of RTAs
      5. Regional trade cooperation in South Asia: earlier and recent studies
      6. The desirability of the South Asian Free Trade Area
    4. Chapter 4: Regional trade in South Asia: findings from three indices
      1. Abstract:
      2. South Asia in the world
      3. Trade intensity index
      4. Index of revealed comparative advantage
      5. Trade complementarity index
    5. Chapter 5: Gravity analysis of South Asia's free trade
      1. Abstract:
      2. Introduction
      3. Augmented gravity model of South Asian trade
      4. Results and discussion
      5. Conclusion
    6. Chapter 6: What do GTAP evaluations reveal about regionalism in South Asia?
      1. Abstract:
      2. Introduction
      3. Pigato et al. (1997)
      4. Tennakoon (2000)
      5. Siriwardana (2002)
      6. Bandara and Yu (2003)
      7. Asaduazzaman et al. (2003)
      8. Mohanty (2005)
      9. Hossain and Selim (2007)
      10. Raihan and Razzaque (2007)
      11. Ganesh-Kumar and Saini (2009)
      12. Conclusion
    7. Chapter 7: Trade facilitation concerns in South Asia: the case of selected agro-food industries
      1. Abstract:
      2. Introduction
      3. South Asian integration and economic policy space
      4. Agricultural exports, non-tariff measures and trade facilitation in South Asia
      5. Indian commodity studies
      6. Conclusion
    8. Chapter 8: The impact of the India-Sri Lanka FTA: prospects for a comprehensive economic partnership agreement
      1. Abstract:
      2. Introduction
      3. Main provisions of ISFTA
      4. Trade impact of ISFTA
      5. Structure of Indian and Sri Lankan exports in the post-ISFTA period
      6. Potential areas of cooperation for trade in services
      7. Conclusion
      8. Acknowledgments
  11. Part II: Special studies on Indian industry
    1. Chapter 9: The Hatch-Waxman Act and Indian pharmaceutical firms: an analysis
      1. Abstract:
      2. Introduction
      3. Principal provisions of the HWA
      4. The significance of the HWA for Indian pharma companies
      5. Recent case law in the HWA
      6. Case law and Indian pharmaceutical firms
      7. Conclusion and recommendations
      8. Acknowledgments
    2. Chapter 10: Non-tariff measures and their impact: India’s textiles and clothing exports
      1. Abstract:
      2. Introduction
      3. NTMs and India
      4. Approach and methodology
      5. Results and discussion
      6. Ad valorem equivalents of NTMs
      7. Conclusion and direction for future research
      8. Acknowledgments
    3. Chapter 11: Cluster dynamics and performance in traditional industries: critical review of lock, brassware and glassware industries in north India
      1. Abstract:
      2. Introduction
      3. Aligarh lock industry
      4. Firozabad glass industry
      5. Moradabad brassware industry
      6. Discussion on clusters
      7. Conclusion
      8. Acknowledgments
  12. Part III: Conclusion
    1. Chapter 12: Conclusion
      1. Part I
      2. Part II
  13. References
  14. Index