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Regional Economic Integration in South Asia - Trapped in Conflict? (Paperback)
Loot Price: R1,321
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Regional Economic Integration in South Asia - Trapped in Conflict? (Paperback)
Series: Routledge Contemporary South Asia Series
Expected to ship within 12 - 17 working days
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South Asia today is among the most unstable regions in the world,
riddled by both intra- and inter-state conflict. This book presents
a comprehensive technical analysis of the trade-conflict
relationship within the region, and explores how South Asia
demonstrates underperformance of its potential for economic
integration. Using the gravity model framework, the book highlights
quantitative estimates of the cost of conflict in terms of loss of
trade for South Asia. Other variables representative of political
and economic regimes are also included to make the model
comprehensive, and the book goes on to discuss how the analysis
reveals the overriding significance of the India-Pakistan
relationship in the regional landscape. It looks at how the results
of the econometric exercise reveal the extent to which a common
border, when disputed, becomes a barrier rather than a facilitator
to trade and, additionally, the extent to which long standing and
persistent conflict can debilitate trade relationships. The book is
a useful contribution for students and scholars of South Asian
studies and international political economy, and assists in
formulating policy to correct the anti-home bias that is evident in
trade patterns of the South Asian economies.
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