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South Asian leaders have made it a priority to tackle key regional issues such as poverty, environment degradation, trade and investment barriers and food insecurity, among others.
Zahid Shahab Ahmed evaluates the progress of the South Asian Association for Regional Cooperation (SAARC). This study goes beyond economic integration to present a detailed appraisal of cooperation under the overarching themes of economic cooperation, environmental security, human welfare, and cooperation in security matters. According to the author, SAARC is making progress in addressing the myriad of issues on its agenda. The transition from agreements to actions and frequent interactions among the member states has boosted confidence. The progress of SAARC is more evident in the less controversial areas of human security, such as poverty alleviation, health and safety, human resources development, and higher education. Notwithstanding enthusiastic commitments reflected in agreements and action plans, there is a gulf between rhetoric and implementation most notably in sensitive areas relating to traditional security. In the light of the findings of this study, the author proposes that greater cooperation in common human security areas has a potential to pave the way for a cooperation on issues of a ’contentious’ nature, particularly terrorism.
The dramatic surge in regional integration schemes over the past two decades has been one of the most important developments in world politics. This book examines regionalism in South Asia, exploring the linkages between institutional structures, government capabilities, and domestic actors’ preferences to explain the dynamics of regional cooperation.
The text provides a comprehensive introduction to the SAARC, describing the historical developments that lead to its formation, it examines the institutional structure, objectives and effectiveness of the SAARC in its role as South Asia’s leading regional institution. Drawing on original research it offers a fresh and accessible account of SAARC, arguing that South Asia forms a unique regional security complex that enables certain forms of regional cooperation and bars cooperation on other issue areas
Leading South Asia expert Bhumitra Chakma explains the politics of regionalism in South Asia and traces the origins and evolution of the South Asian Association for Regional Cooperation (SAARC) from its inception to the present day. He takes an International Relations perspective and engages three major IR theoretical approaches – neorealism, institutionalism and constructivism – to explain the complex dynamics of South Asian regionalism. Using comparative perspectives based on the experiences of similar regional organizations, the author provides an in-depth analysis of the challenges of cooperation in the region and explores how progress might be made in the future.
Provides a comparative sketch of regional cooperation in South and Southeast Asia in the light of various political, economic and social developments in the two regions.
This volume examines the dichotomy between the two faces of South Asia—one poverty stricken and lagging in development, the other highly urbanized and growing rapidly—and tries to find a workable solution to bridge this gap. It looks at the many policy and institutional constraints that contribute to this dichotomy, especially regional conflict that has made South Asia one of the least integrated regions of the world.
This book analyses the current state and potential of economic and financial integration in South Asia, which has emerged as one of the most dynamic regions of the world. It looks at how regional convergences and cooperation would reinforce ties amongst the diverse economies of South Asia in the changing global economic landscape. Drawing on empirical research, the book looks at the degree of economic and financial integration in South Asia, which according to the World Bank includes the least integrated regions in the world, and explores the fundamental factors that drive integration amongst these countries. It offers important insights into the financial landscape of the region, as well as the dynamics of the interlinkages in the banking system, the stock markets, and the debt markets. The book examines the role of bilateral trade in augmenting regional economic ties, the opportunities for growth these will foster, and the major challenges and roadblocks for the leaders of the region. It also provides an overview of China’s role in South Asia’s financial integration and the interdependence of these economies for economic opportunities, macroeconomic and financial stability, jobs, sustainable growth, and inclusive development. Detailed and insightful, this book will be of great interest to investors and regional policymakers. It will also be of interest to researchers and students of economics, public and foreign policy, finance, international relations, and South Asia studies.