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Examining the implications of recent important developments, the primary aim of this book is to bridge the gaps in existing literature on India-Pakistan economic engagement and to examine various aspects of the trade normalization process. The book includes familiar themes of India-Pakistan bilateral trade in goods and services, providing new insights into the potential for trade and the challenges involved in realizing it. The respective chapters examine the current trade trends and identify the possible sectors for bilateral FDI flows between the two countries, which could help forge deeper economic ties between them. In light of India’s changed investment policy, this analysis is pertinent for investors and policy-makers alike. The book also includes chapters on a variety of unconventional subjects, such as estimating the levels of informal trade, an analysis of a trade perception survey and identifying trade potential using a CGE modeling approach. Further, a number of sectors have been identified for in-depth analysis, including sports goods, healthcare and energy. These sector-based analyses reflect the gap between current levels of trade in the selected industries and the possible trade potential. The studies identify key tradable commodities in the health and sports industries, as well as opportunities for trading in energy. The book thus provides readers with a deep understanding of the process of normalizing economic relations and enhancing bilateral trade at the micro and macro levels, on the basis of which the authors subsequently provide recommendations for policymakers.
This book provides a historical and current review of the trends of six key India-Pakistan negotiations, largely over shared resources and political boundaries.
The India-Pakistan rivalry is one of the five percent of international conflicts that has been labeled as intractable. Cohen draws on his varied experiences in South Asia as he develops a comprehensive theory of why the dispute is intractable and suggests ways in which it may be ameliorated.
Historically, the relationship between India and Pakistan has been mired in conflicts, war, and lack of trust. Pakistan has continued to loom large on India’s horizon despite the growing gap between the two countries. This book examines the nature of the Pakistani state, its internal dynamics, and its impact on India. The text looks at key issues of the India-Pakistan relationship, appraises a range of India’s policy options to address the Pakistan conundrum, and proposes a way forward for India’s Pakistan policy. Drawing on the author’s experience of two diplomatic stints in Pakistan, including as the High Commissioner of India, the book offers a unique insider’s perspective on this critical relationship. A crucial intervention in diplomatic history and the analysis of India’s Pakistan policy, the book will be of as much interest to the general reader as to scholars and researchers of foreign policy, strategic studies, international relations, South Asia studies, diplomacy, and political science.
"This Policy Analysis previews the case for more decisive US economic engagement of Pakistan and suggests that a US-Pakistan FTA could reinforce existing reforms and push the envelope in economic areas where Pakistan (and South Asia more generally) have lagged. In keeping with the Institute's extensive research agenda on prospective US FTAs, we present a detailed analysis of the costs and benefits of a US-Pakistan FTA for the signatory countries, for regional integration, and for the world trading system."--Preface.
This publication examines the economy and trade of Pakistan in the context of global value chains (GVCs), or cross-border production networks. The report combines innovative analytical tools with the latest available data to explore Pakistan's involvement in GVCs. It produces indicators on factors including Pakistan's rate of GVC participation, the lengths of its GVC production, its patterns of specialization, and the price competitiveness of its exports. It draws on the Multiregional Input–Output database of the Asian Development Bank, the only time series of intercountry input–output tables to date that includes Pakistan and preliminary data for 2020.
India and Pakistan have very different visions for Afghanistan, and they seek to advance highly disparate interests through their respective engagements in the country. This paper reviews the countries' interests in Afghanistan, how they have tried to further their interests, how Afghanistan navigates their rivalry, and the rivalry's implications for U.S. and Indian policy.
This book critically examines the role of think tanks as foreign policy actors. It looks at the origins and development of foreign policy think tanks in India and their changing relevance and position as agents within the policy-making process. The book uses a comparative framework and explores the research discourse of prominent Indian think tanks, particularly on the India–Pakistan dispute, and offers unique insights and perspectives on their research design and methodology. It draws attention to the policy discourse of think tanks during the Composite Dialogue peace process between India and Pakistan and the subsequent support from the government which further expanded their role. One of the first books to offer empirical analyses into the role of these organisations in India, this book highlights the relevance of and the crucial role that these institutions have played as non-state policy actors. Insightful and topical, this book will be of interest to researchers focused on international relations, foreign policy analysis and South Asian politics. It would also be a good resource for students interested in a theoretical understanding of foreign policy institutions in general and Indian foreign policy in particular.
This book explores the unfinished India–Pakistan Trade normalisation agenda (building upon the themes covered in the book “India-Pakistan Trade: Strengthening Economic Relations” published by Springer in 2014) and discusses the steps that must be undertaken in order to move the bilateral engagement forward. Given the commencement of bilateral state-level talks and the Indian government’s emphasis on South Asian integration, it adds impetus to the trade liberalisation process, while also providing essential recommendations for policymakers in both countries. The unfinished agenda faces obstacles such as the list of items for which export from India to Pakistan continues to be restricted; lack of land borders and seamless cross-border transport services, which hampers the realisation of trade potential; negative reporting in the media, which influences traders’ perceptions; and the continued occurrence of informal trade resulting from inadequacies of formal trade relations. The book examines various sectors, including the agricultural, textiles, automotive and pharmaceutical industries, given their predominance on the list of restricted items for bilateral trade. It also covers studies on unconventional and under-researched themes concerning informal trade, informational barriers to India–Pakistan trade, and opening new land borders for trade – all of which can play a facilitating role in realizing the untapped trade potential between India and Pakistan. The book also includes the second round of the India–Pakistan trade perception survey, which identifies impediments to India–Pakistan bilateral trade and assesses the change in traders’ perceptions since the first round of the survey, which was published in 2014.