Prospects of Regional Economic Cooperation in South Asia

With Special Studies on indian Industry

1st Edition - December 7, 2011

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Author: Gordhan Saini
eBook ISBN: 9781780633305

View series: Chandos Asian Studies Series

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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.

Key Features

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

Readership

Researchers and students of graduate and post-graduate level in the field of economics, international trade and regional economic integration. Policy makers and industry people will also find this book to be of valued use in the field.

List of figures and tables

List of acronyms

About the author

List of contributors

Foreword

Part I: Regional economic cooperation in South Asia

Chapter 1: Regional trade agreements: trends, taxonomy and motivation

Abstract:

Proliferation of regional trade agreements in the world economy

Regional trade agreements: taxonomy

Motivations to form regional trade agreements

Pre-conditions and key principles for successful regional integration

Chapter 2: Regional trade agreements in South Asia

Abstract:

Introduction

Bilateral arrangements

Multilateral/inter-regional agreements

Legal basis of RTAs in South Asia

Chapter 3: Regional economic cooperation in South Asia: a literature review

Abstract:

Recent literature on regional trade cooperation worldwide

The debate on RTAs: arguments in favor and against

The ‘natural trading partner’ hypothesis as a criterion for the success of RTAs

Regional trade cooperation in South Asia: earlier and recent studies

The desirability of the South Asian Free Trade Area

Chapter 4: Regional trade in South Asia: findings from three indices

Abstract:

South Asia in the world

Trade intensity index

Index of revealed comparative advantage

Trade complementarity index

Chapter 5: Gravity analysis of South Asia's free trade

Abstract:

Introduction

Augmented gravity model of South Asian trade

Results and discussion

Conclusion

Chapter 6: What do GTAP evaluations reveal about regionalism in South Asia?

Abstract:

Introduction

Pigato et al. (1997)

Tennakoon (2000)

Siriwardana (2002)

Bandara and Yu (2003)

Asaduazzaman et al. (2003)

Mohanty (2005)

Hossain and Selim (2007)

Raihan and Razzaque (2007)

Ganesh-Kumar and Saini (2009)

Conclusion

Chapter 7: Trade facilitation concerns in South Asia: the case of selected agro-food industries

Abstract:

Introduction

South Asian integration and economic policy space

Agricultural exports, non-tariff measures and trade facilitation in South Asia

Indian commodity studies

Conclusion

Chapter 8: The impact of the India-Sri Lanka FTA: prospects for a comprehensive economic partnership agreement

Abstract:

Introduction

Main provisions of ISFTA

Trade impact of ISFTA

Structure of Indian and Sri Lankan exports in the post-ISFTA period

Potential areas of cooperation for trade in services

Conclusion

Acknowledgments

Part II: Special studies on Indian industry

Chapter 9: The Hatch-Waxman Act and Indian pharmaceutical firms: an analysis

Abstract:

Introduction

Principal provisions of the HWA

The significance of the HWA for Indian pharma companies

Recent case law in the HWA

Case law and Indian pharmaceutical firms

Conclusion and recommendations

Acknowledgments

Chapter 10: Non-tariff measures and their impact: Indiaâ€™s textiles and clothing exports

Abstract:

Introduction

NTMs and India

Approach and methodology

Results and discussion

Ad valorem equivalents of NTMs

Conclusion and direction for future research

Acknowledgments

Chapter 11: Cluster dynamics and performance in traditional industries: critical review of lock, brassware and glassware industries in north India

Abstract:

Introduction

Aligarh lock industry

Firozabad glass industry

Moradabad brassware industry

Discussion on clusters

Conclusion

Acknowledgments

Part III: Conclusion

Chapter 12: Conclusion

Part I

Part II

References

Index

Product details

No. of pages: 298
Language: English
Published: December 7, 2011
Imprint: Chandos Publishing
eBook ISBN: 9781780633305

About the Author

Gordhan Saini

Dr Gordhan K. Saini currently is an assistant professor at the School of Management and Labour Studies of Tata Institute of Social Sciences, Mumbai. He completed his MBA, PGDRD and PhD degrees, and then pursued a post-doctoral fellowship from Indira Gandhi Institute of Development Research, Mumbai. He has over eight years’ experience in development project implementation, management teaching and research and industry including as an academic associate at the Indian Institute of Management, Ahmedabad.

Affiliations and Expertise

School of Management and Labour Studies, Tata Institute of Social Sciences, India

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