Publications List

Comprehensive listing of books, reports, and research on regional cooperation and integration (RCI) in South Asia and relevant global RCI publications, including publications on transport, trade facilitation, energy, and economic corridors in the SASEC region.

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Expanding Opportunities: Toward Inclusive Growth

GDP in South Asia is estimated to grow at 5.6% in fiscal year FY2023 and 5.9% in FY2024, backed by the recovery in services and lower commodity prices. GDP growth in Bangladesh will decelerate to 5.2% in FY2022-2023 due to global economic uncertainty, before recovering to 6.2% in FY2024. In Bhutan, GDP is projected to expand at 4.5% in FY2022-2023 as the further reopening of borders support growth in industry and services. GDP growth in India will moderate to 6.3% in FY2023-2024 following slower growth in consumption. Maldives is seeing a return to the tourism sector's pre-pandemic levels with GDP growth projections in FY2023 at 6.6%. Growth in Nepal will slow to 4.1% in FY2023 following import restrictions, before rising to 4.9% in FY2024. In Sri Lanka, amid fiscal and external imbalances, GDP growth is estimated at -4.3% in FY2023 and 1.2% FY2024. In Southeast Asia, the Myanmar Economic Monitor projects Myanmar's economic recovery accelerating to 3% in the year to September 2023 following growth in industry and services.

Author: World Bank

Year: 2023

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Tags: WB, Bangladesh, Bhutan, Sri Lanka, Services, India, Maldives, Myanmar, Nepal

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Open for Business: How Maldives Overcame the COVID-19 Crisis

The economy of Maldives, being reliant on tourism, went into recession due to border closures and travel restrictions during the coronavirus (COVID-19) pandemic. The pandemic called attention to the need for Maldives to diversify its economy to reduce short-term macroeconomic volatility. In addition, Maldives stands to benefit from setting up regional maritime connectivity for strengthening food trade with other South Asian countries.

Author: Abdulla Ali, Elisabetta Gentile, Macrina Mallari, Thiam Hee Ng

Year: 2023

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Strengthening Regional Cooperation and Integration for a New Era of Collective Action: Proceedings of the 2022 Regional Cooperation and Integration Conference

This publication discusses new directions for expanding regional cooperation and integration in Asia and the Pacific, as laid out in the Regional Cooperation and Integration Conference held in 2022 in Bangkok, Thailand. One panel discussion tackled how regional platforms such as the South Asia Subregional Economic Cooperation (SASEC) could support cross-border environmental protection of shared natural resources. In another panel, Mr. Nilaya Mitash, principal operations coordination specialist on regional cooperation for the Asian Development Bank, discussed cross-border logistics and the Electronic Cargo Tracking System (ECTS) initiative under the SASEC program.

Author: Asian Development Bank

Year: 2023

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Transforming Bangladesh's Participation in Trade and Global Value Chains

While the export of textile products contributes significantly to the Bangladesh economy, reliance on these exports also poses risks to the economy. For instance, the garment sector suffered tremendously when the coronavirus pandemic struck, during which factories shut down and many workers, mostly women, lost their jobs. This report looks at how Bangladesh can foster economic growth by diversifying its participation in trade and global value chains.

Author: Asian Development Bank

Year: 2023

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Tags: Bangladesh, ADB, Trade, COVID-19, Global Value Chains

Energy Trade in South Asia

Countries are shifting to using green energy sources to meet their energy needs and cut emissions. While South Asia may have ample renewable energy and hydropower resources, demand exceeds local supply, and the countries have had to rely heavily on imports. To help improve energy security in the region, South Asian countries have signed bilateral and multilateral agreements to trade energy, including India-Nepal hydropower projects and the India-Bhutan hydroelectric joint venture.

Author: CUTS International

Year: 2023

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Tags: Energy, Trade, South Asia, Hydropower, Bhutan, India, Nepal

World Investment Report 2023

This report monitors global and regional foreign direct investment trends and national and international investment policy developments. Across South Asia in 2022, FDI inflows rose by 4.4% to $58 billion while FDI outflows rose by 1.1% to $16 billion. South Asia posted the largest increase in greenfield projects, with announced greenfield projects in India more than doubling in 2022.

Author: United Nations Conference on Trade and Development

Year: 2023

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Tags: UNCTAD, Trade, South Asia

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