This chapter discusses the significance of South Asia in world GDP, members’ trade openness and the level of intra-regional trade. It provides findings from the trade intensity index (TII), the index of revealed comparative advantage (IRCA) and the trade complementarity index (TCI) over a period of time. The chapter attempts to examine the pattern in these three indices over time, and explores whether they provide significant evidence for promoting trade cooperation within the region.
trade intensity index
index of revealed comparative advantage
trade complementarity index
In this chapter, three key indices ...