This working paper takes a look at the European Union (EU) and the Association of Southeast Asian Nations (ASEAN) as examples of regional institutions that were able to successfully foster economic growth and competitiveness. More specifically, the paper discusses the economic achievements of regional integration within the ASEAN and compares it with the EU. It offers lessons from the ASEAN integration that could help accelerate South Asian regional integration. It also examines the political and economic barriers hindering economic integration in South Asia, and emphasizes potential benefits regional integration and economic cooperation could bring to the South Asian Association for Regional Cooperation (SAARC) region. These include reduced economic dependence on developed countries, increased trade, and stronger economic growth in the SAARC region.

Author: Falendra Kumar Sudan

Year: 2020

Download

Tags: Regional Cooperation, Economic Cooperation, EU, ASEAN, ADB RCI

This Asian Development Bank (ADB) Fact Sheet provides social and economic indicators on Bangladesh, as well as concise information on ADB's operations in Bangladesh and contact information. ADB supports Bangladesh’s efforts to generate inclusive and sustainable growth, and achieve the Sustainable Development Goals. ADB has provided Bangladesh with $18.3 billion for 269 loans, $252.4 million for 422 technical assistance projects, and $787.10 million for 35 grants. ADB supports projects contributing to regional connectivity to foster development along economic corridors and co-finances the SASEC Railway Connectivity: Akhaura-Laksam Double Track Project.

Author: Asian Development Bank

Year: 2017

Download

Tags: ADB, Bangladesh, Economic Cooperation, Energy, Sustainable Development Goals, Sustainability, SASEC

This book analyzes the performance and impact of the India-Sri Lanka free trade agreement over the past decade and suggests the way forward. India became an important source of imports for Sri Lanka immediately after the implementation of the free trade agreement.

Author: Asian Development Bank

Year: 2013

Download

Tags: Regional Cooperation, Trade Policy, India, Sri Lanka, Trade, Economic Cooperation, India-Sri Lanka Free Trade Agreement, Free Trade Agreements, Services, Trade Facilitation, Exports, Import

This study aims to showcase the benefits of regional integration and recommends strategies for overcoming the many hurdles.

Author: Shahid Kardar

Year: 2011

Download

Tags: Policy, Economic Cooperation, Regional Integration, Development, SAARC, Non-Tariff Measures, Trade Facilitation, SAFTA, India, Bangladesh, Bhutan, Maldives, Nepal, Sri Lanka, BIMSTEC, Myanmar, SASEC, Energy