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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South Asia Economic Focus, Fall 2018: Budget Crunch

Amid a turbulent international environment, South Asia is expected to remain the fastest-growing region in the world. Growth in Bangladesh will be driven by consumption and public investment. In Bhutan, growth is expected to accelerate with the commissioning of two major hydropower projects. Growth in India firms up prompted by the adoption of the Goods and Services Tax and the recapitalization of banks. Maldives is projected to grow strongly based on dynamism in construction and tourism. Economic activity in Nepal is set to grow over the medium term while Sri Lanka’s economic growth will recover following 2017’s weather disruptions. The report highlights how growth performance is anchored on domestic consumption rather than private investment or exports.

Author: World Bank

Year: 2018

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Boating Towards Inclusivity: Facilitating Short Haul Cross-border Trade between Dhubri (Assam, India) and Chilmari (Kurigram, Bangladesh) through Waterways

India and Bangladesh use inland waterways to trade goods, mainly through three routes. The most active route is a portion of Protocol Route 1 between Kolkata, India, and Narayanganj, Bangladesh. This paper by Consumer Unity and Trust Society (CUTS) International explores how cross-border trade may be expanded along the stretch between Dhubri, India, and Chilmari, Bangladesh. Opening the route to small mechanized boats would offer livelihood opportunities to boat pilots, boat builders, vendors, small traders. Farmers will also have access to new markets across the border. The study highlights the need for an inclusive developmental approach that encourages cooperation in trade and connectivity and benefits marginalized communities.

Author: Saurabh Kumar, Susan Mathew, and Veena Vidyadharan

Year: 2018

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A Glass Half Full: The Promise of Regional Trade in South Asia

This report takes an in-depth look at trade in South Asia and examines barriers that have held back trade in the subregion. It examines tariffs and para-tariffs, real and perceived non-tariff barriers, connectivity costs, and the broader trust deficit and outlines concrete steps for tapping trade potential through deeper integration. It offers policy recommendations that could help push key areas of trade that would be beneficial to all countries in the subregion.

Author: Sanjay Kathuria

Year: 2018

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Trade Profiles 2018

This report presents key indicators on trade in goods and services, highlighting the major exports and imports for each economy as well as their main trading partners. It gives a snapshot of the importance of trade in the economy and gives information on total trade flows. The report includes trade profiles for 197 economies, including Bhutan, Maldives, Myanmar, and Nepal, and covers data on trade per capita, world ranking in exports and imports, and trade in commercial services. It also covers data on patent, trademark, and industrial design applications for each country. India ranks 8th in exports of commercial services, while Bangladesh ranks 49th in imports of merchandise. Sri Lanka ranks 69th in exports of commercial services.

Author: World Trade Organization

Year: 2018

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Road Map for the National Single Window in Maldives

This publication outlines key steps to launching Maldives’ national single window (NSW) platform. An archipelago, Maldives’ geographic dispersion contributes to logistics and border control challenges. An NSW on a digital platform will allow all trade stakeholders to submit and access information on importing and exporting goods in a single place. It will streamline international trade procedures, minimize the time, effort, and resources needed to conduct trade, while helping the government maintain requisite controls. With current bottlenecks to trade in Maldives leading to some of the highest import and export costs in the South Asian subregion, leveraging on information and communications technology will help the country overcome physical and logistical barriers to trade, and significantly improve efficiency. More efficient trade procedures can lower the costs of imports, exports, and goods, and help drive economic growth.

Author: Asian Development Bank

Year: 2018

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Tags: Maldives, National Single Window

World Investment Report 2018

In India, foreign direct investment (FDI) inflows dropped from $44 billion in 2016 to $40 billion in 2017. Across South Asia, FDI inflows are predicted to stagnate or decline marginally in 2018. The global trend in FDI flows demonstrates the need for open, transparent, and non-discriminatory investment policies to maintain an environment conducive for investment. New types of industrial policies are emerging to respond to opportunities and challenges brought about by a new industrial revolution. This report examines investment policy tools available in the new environment.

Author: United Nations Conference on Trade and Development

Year: 2018

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Tags: Connectivity, FDI, Global Value Chains, India, Investment, Policy, Sustainable Development Goals, South Asia, UNCTAD

Infrastructure Financing in South Asia

South Asia is the world's fastest-growing region. The region has also shown significant reduction in poverty and income inequality owing to improved road transport, electricity, and sanitation. The growth is attributed partly to the improvement in infrastructure in Bangladesh, India, and Sri Lanka. Yet, to sustain growth and deal with climate change, the region must invest more to develop infrastructure in the next 15 years. This paper looks at public and private sector financing of infrastructure and discusses the factors driving infrastructure investment.

Author: Shikha Jha and Rosa Mia Arao

Year: 2018

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Tags: Bangladesh, India, Sri Lanka, Energy, ICT, Infrastructure, Public Private Partnerships, Transport

Reinvigorating Trade and Inclusive Growth

This report offers insights into how trade benefits the poor, those in rural areas, micro, small, and medium-sized enterprises, and women. It also shows how productivity and living standards could be raised through greater openness in key areas, such as services trade and e-commerce. The report goes on to suggest that trade policies should aim to build greater openness and urge countries to reinvest in open, rules-based global trade.

Author: International Monetary Fund, World Bank, and the World Trade Organization

Year: 2018

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Tags: India, Regional Cooperation, Trade Facilitation Agreement, WTO

Key Indicators for Asia and the Pacific 2018

This report presents the latest economic, financial, social, and environmental statistics for the 48 regional members of the Asian Development Bank (ADB). In 2017, foreign direct investment flows to developing Asia was stable, with 8.8% going to South Asia; energy gains were made in five of six countries in South Asia; and starting a business continues become easier in most developing ADB member economies following lowered regulatory costs and simplified compliance procedures. Nepal and Armenia experienced the most rapid annual growth rate at 7.5%, while India witnessed a 6.7% growth in GDP.

Author: Asian Development Bank

Year: 2018

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Tags: ADB, Energy, Transport, Bangladesh, Bhutan, India, Maldives, Nepal, Southeast Asia, Sri Lanka

BBIN: Opportunities and Challenges

The Bangladesh, Bhutan, India, and Nepal (BBIN) initiative focuses on establishing connectivity, which have helped foster regional trade and improve sustainable resource management. This publication contains discussions held at the Young Thinkers' Conference, entitled "BBIN: Opportunities and Challenges," held in 2017 in Kolkata, India. The section "Strengthening Connectivity in the BBIN" looks at how connectivity in the subregion could be increased through several measures that address a number of logistical handicaps. "BBIN: The Way Ahead" examines the need for cooperation among the countries to achieve collective growth.

Author: Anasua Basu Ray Chaudhury et al

Year: 2018

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Tags: Bangladesh, BBIN, Bhutan, India, Nepal

BIMSTEC and Japan: Exploring Prospects for Renewed Cooperation

The Bay of Bengal region is rising as an economic and strategic hub, with the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) playing a key role in promoting growth and development in the region. BIMSTEC is also being seen as a potential driver of integration between South Asia and Southeast Asia. Given Japan's relationship with BIMSTEC nations, this brief makes a case for deeper engagement between Japan and BIMSTEC. The benefits could include cooperation in infrastructure, connectivity, and energy projects. A free trade agreement between the two entities would also be mutually beneficial.

Author: Vindu Mai Chotani

Year: 2018

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Tags: ASEAN, Bangladesh, Bhutan, BIMSTEC, Connectivity, India, Myanmar, Nepal, Sri Lanka, Free Trade Agreements

Asian Development Outlook (ADO) 2018 Update: Maintaining Stability Amid Heightened Uncertainty

This Update forecasts 6.0% growth for the region in 2018 and 5.8% in 2019. In South Asia, economic outlook remains optimistic. The region is expected to sustain its growth momentum, and meet projections of 7.0% in 2018 and 7.2% in 2019. Forecast for India is maintained at 7.3% in 2018 and 7.6% in 2019. Robust investment climate in Bangladesh is driving projections from 7.0% to 7.9% in 2018 and 7.2% to 7.5% in 2019, and in Nepal, from 4.9% to 5.9% in 2018. A drop in domestic demand lowers growth projections for Bhutan, from 7.1% to 6.7% in 2018 and 7.4% to 7.1% in 2019, and Sri Lanka, from 4.2% to 3.8% in 2018 and 4.8% to 4.5% in 2019.

Author: Asian Development Bank

Year: 2018

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Tags: South Asia, India, Bangladesh, Nepal, Sri Lanka, ADB, Bhutan

World Tariff Profiles 2018

World Tariff Profiles 2018 presents comprehensive data on tariffs and non-tariff measures imposed by over 170 countries and customs territories. It provides data on tariffs imposed by these economies, in comparative tables and one-page profiles. This year's report presents a special analysis of least-developed countries’ (LDCs) use of preferential market access offered by trading partners. It highlights how LDCs benefit from preferential customs duties, and examines products eligible for preferential treatment, to show how members utilize preferential tariff schemes for LDCs and use other "competing" preferential duty arrangements.

Author: World Trade Organization

Year: 2018

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Tags: LDC, Least Developed Countries, Customs, Trade

Risk Management in Maldives: Sharing Practical Experience and Lessons Learned

Maldives is implementing reforms to improve risk management controls and to strengthen its trade environment. Risk management aims to determine which goods need to be examined in detail when entering a country. As government agencies improve service delivery, traders will benefit from reduced time to import and export goods, increased predictability of services, and greater ease of doing business. This report shows that improvements to risk management processes to deliver operational and economic gains in Maldives can be replicated across South Asia.

Author: Asian Development Bank

Year: 2018

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Tags: Customs, Maldives, SASEC, Trade

The WEB of Transport Corridors in South Asia

This book looks at how the economic benefits of investments in transport corridors could be amplified and how negative impacts could be minimized in South Asia. The book introduces an appraisal methodology that looks at the web of interconnected elements around corridors and assesses proposed corridors according to their potential to bring wider economic benefits (WEB). It uses case studies of past and recent corridor initiatives, and presents a simulation of the impact of the proposed Kolkata-Dhaka corridor.

Author: Asian Development Bank, JICA, UKAID, World Bank

Year: 2018

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Tags: ADB, Economic Corridor Development, Gender, Regional Integration, Roads, Trade, Transport, WB

Connecting to Compete 2018: Trade Logistics in the Global Economy

Connecting to Compete summarizes the findings from the latest data from the 2018 Logistics Performance Index (LPI) and its six component indicators. The book aims to help countries frame policies by looking at supply chain performance and constraints in 100 countries, using data on time, distance and reliability; and ratings on domestic infrastructure quality, services, and border agencies. Among lower-middle-income countries, India stands among the top performers with an LPI score of 3.18 and ranked 44th.

Author: Arvis et al.

Year: 2018

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Tags: India, Logistics

How Would Cross-Border Electricity Trade Stimulate Hydropower Development in South Asia?

South Asia uses only 20% its hydropower potential, estimated at more than 350 gigawatts. This report looks at regional electricity trade and examines the potential of hydropower development and trade in the region. It studies the importance of improving cross-border transmission interconnections to promote hydropower in South Asia. It also shows that large hydropower development would provide the additional benefits of irrigation and flood control that can be shared among neighboring countries, such as Bangladesh, India, and Nepal.

Author: Govinda R. Timilsina

Year: 2018

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Tags: Bangladesh, Energy, Hydropower, Nepal, Regional Cooperation, South Asia, Trade

World Trade Statistical Review 2018

World Trade Statistical Review 2018 presents the latest developments in world trade, with analysis of recent trends for trade in goods and services. It looks at the performance of developing economies, where merchandise exports increased by 12% in 2017. The book also looks at value-added exchanges and digital trade, and provides data on trade-facilitating measures and on the implementation of regional trade agreements, such as the South Asian Free Trade Area.

Author: World Trade Organization

Year: 2018

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Tags: Trade Facilitation Agreement, WTO, UNCTAD

Asia’s Industrial Transformation: The Role of Manufacturing and Global Value Chains (Part 2)

This paper looks at the role of manufacturing in the East Asia’s development success. Part 2 of the paper examines country policies that have helped accelerate industrial development and learning. It also looks at the role of global value chains in Asia and the varied experiences of Asian countries with their industrial policies.

Author: Jesus Felipe

Year: 2018

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Tags: ADB, Industrialization, Trade, Global Value Chains

Updating and Enhancement of the BIMSTEC Transport Infrastructure and Logistics Study

This study profiles the transport and logistics environment in Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) member countries. It also identifies transport-related strategies for achieving trade development goals in the region and suggests an institutional framework for implementing those strategies.

Author: Asian Development Bank

Year: 2018

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Tags: BIMSTEC, Connectivity, Infrastructure

Economic and Social Survey of Asia and the Pacific 2018

The Asia-Pacific region experienced rapid growth as inflation remained stable and firmer global demand supported a pickup in investments. In the South and South-West Asian subregion, there is an opportunity for greater trade integration. It is the fastest-growing subregion in Asia and the Pacific, with growth accelerating in all countries with the exception of India and Sri Lanka. In Bangladesh, large infrastructure projects and new energy initiatives drove strong domestic demand and backed the country’s robust growth.

Author: United Nations Economic and Social Commission for Asia

Year: 2018

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Tags: Bangladesh, Sri Lanka, Infrastructure, Energy

Strategy 2030: Achieving a Prosperous, Inclusive, Resilient, and Sustainable Asia and the Pacific

Under its new long-term strategy, the Asian Development Bank (ADB) continues its efforts to eradicate extreme poverty while bringing focus to a vision of a prosperous, inclusive, resilient, and sustainable Asia-Pacific. ADB’s key operational priorities include the fostering of regional cooperation and integration, covering its support for enhancing connectivity and competitiveness, promoting regional public goods, and strengthening the financial sector cooperation. ADB also aims to strengthen subregional initiatives, such as the South Asia Subregional Economic Cooperation (SASEC) Program.

Author: Asian Development Bank

Year: 2018

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Tags: ADB, Energy, Regional Cooperation, SASEC, Regional Integration, Connectivity

ADB Annual Meeting Highlights: Linking People and Economies for Inclusive Development

The 51st ADB Annual Meeting in Manila gathered people from around the world to discuss the changes emerging on the development landscape. One seminar focused on promoting inclusive growth through inter-subregional cooperation, discussing the potential expansion and diversification of foreign direct investment of SMEs in the India and Mekong subregions.

Author: Asian Development Bank

Year: 2018

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Tags: Exports, ADB, Regional Cooperation, Small and Medium Enterprise, Inclusive Growth

Embracing the E-commerce Revolution in Asia and the Pacific

Asia is the world’s largest e-commerce marketplace. In South Asia, India has the largest e-commerce market at $33 billion in 2017. Maldives, Bhutan, and Sri Lanka lead the subregion in terms of percentage of the population with access to the internet. This report introduces a framework for analyzing the quality of e-commerce development in the Asia-Pacific region and discusses lessons learned regarding e-commerce development. The framework incorporates economic factors, institutional environment, and social acceptance to assess e-commerce development and suggest the way forward.

Author: Asian Development Bank, United Nations Economic and Social Commission for Asia and the Pacific

Year: 2018

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Tags: ADB, ICT, Trade, UNESCAP, Maldives, Bhutan, Sri Lanka

Asia’s Industrial Transformation: The Role of Manufacturing and Global Value Chains (Part 1)

This first part traces the structural transformation in developing Asia and analyzes the relationship between export-led growth model and industrialization. Finally, it reviews the industrialization experiences of Japan and the Republic of Korea, and discusses the recent deindustrialization debate.

Author: Jesus Felipe

Year: 2018

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Tags: ADB, Industrialization, Trade, Global Value Chains

Asian Development Outlook 2018 Supplement: The Outlook Remains Stable

South Asia continues to be the fastest expanding subregion, with growth on track to achieve forecasts of 7.0% in 2018 and 7.2% in 2019. India will meet April forecasts of 7.3% in 2018 and 7.6% in 2019. Owing to strong agricultural growth in Bangladesh and industry growth in Nepal, 2018 GDP growth in the two countries surpassed earlier forecasts. Decline in construction slowed Sri Lanka’s economic growth to 3.2% while hydropower production was lower than forecast in Bhutan. Cement, wood, and metal imports grew in Maldives.

Author: Asian Development Bank

Year: 2018

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Tags: ADB, Bangladesh, Bhutan, Energy, Hydropower, India, Maldives, Nepal, Sri Lanka

High-Speed Railway, Market Access, and Economic Growth

High-speed railway in the People’s Republic of China exerts positive impact effects on growth, where a 1% increase in market access leads to an increase of 0.12% in real income. Drawing insights from the effects of transport infrastructure in India, this paper suggests that high-speed railway could help promote regional cooperation and stimulate regional economic growth.

Author: Wei Zou, Liangheng Chen, and Junke Xiong

Year: 2018

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Tags: ADB, Regional Cooperation, Transport, Railway

Basic Statistics 2018

Basic Statistics presents development indicators for 45 economies in the Asia and Pacific region, including those for the seven SASEC countries, Bangladesh, Bhutan, India, Maldives, Myanmar, Nepal, and Sri Lanka. It presents selected core indicators such as international and national poverty rates, inflation, and current account balance. It also presents information on indicators related to land, population, sustainable development goals, national accounts, money, balance of payments, reserves, external debt, and central government finance.

Author: Asian Development Bank

Year: 2018

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Tags: Energy, ADB, Trade, Sustainable Development Goals, Bangladesh, Bhutan, India, Maldives, Myanmar, Nepal, Sri Lanka

2017 Development Effectiveness Review

This report serves as the Asian Development Bank’s (ADB) tool for monitoring and strengthening its progress. In South Asia, ADB’s $1.3 billion commitment to regional cooperation and integration (RCI) were spread across South Asia Subregional Economic Cooperation (SASEC) program’s priority areas: transport, energy, trade facilitation, and economic corridor development. Project preparation work will expand the $5 billion pipeline for RCI in the subregion with 26 projects planned for approval. SASEC finance ministers endorsed a joint vision of regional cooperation and connectivity. Myanmar’s addition to SASEC improved cooperation prospects between South and Southeast Asian subregions.

Author: Asian Development Bank

Year: 2018

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Tags: ADB, Myanmar, SASEC, Transport, Economic Corridor Development

East Asia Pacific Economic Update, April 2018: Enhancing Potential

East Asia and Pacific (EAP) grew slightly faster than anticipated in 2017, with growth in Myanmar rebounding slightly at 6.4% due to strong exports. Amid risks to macroeconomic stability, EAP countries must enhance trade facilitation and integration, improve education systems, and upgrade capabilities of workers and managers.

Author: World Bank

Year: 2018

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Tags: Exports, GDP, India, Manufacturing, Myanmar, Poverty Reduction, Trade Facilitation, WB

Energy Transition Pathways for the 2030 Agenda in Asia and the Pacific: Regional Trends Report on Energy for Sustainable Development 2018

Policymakers face complex and challenging tasks to develop clear, sustainable, and achievable pathways for South Asian countries and the rest of Asia-Pacific to achieve the Sustainable Development Goals for energy (SDG7). This report provides an analysis of what can be achieved under current policies. It then identifies gaps and presents transition pathways to assist policymakers to make informed decisions for achieving SDG7 targets.

Author: United Nations Economic and Social Commission for Asia and the Pacific

Year: 2018

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Tags: Bangladesh, Energy, GDP, India, Myanmar, Sustainable Development Goals, UNESCAP

Global Energy Transformation: A Roadmap to 2050

The report details the needed energy technologies and analyzes the costs and benefits of energy transition in Asia and the rest of the world. All regions are projected to experience high growth in gross domestic product from the energy transformation. Mexico, Brazil, and India are expected to post the highest welfare gains, where pollution’s impact on health is projected to fall sharply. To accelerate the energy transition, governments could establish more bilateral and multilateral demonstration projects and encourage development of internationally harmonized technical standards to facilitate cross-border trade and exchange of technologies.

Author: International Renewable Energy Agency

Year: 2018

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Tags: Climate Change, Renewable Energy, India, South Asia

Trade Costs, Time, and Supply Chain Reliability

Trade Costs, Time, and Supply Chain Reliability analyzes the effect of time on trade costs using shipment-level data from the Universal Postal Union. Distance and logistics performance are factors that affect transport times and uncertainty, which increase trade costs substantially. The paper suggests that by investing in improving connectivity, South Asia Subregional Economic Cooperation countries could reduce transport times and increase reliability to major markets.

Author: Utsav Kumar, Ben Shepherd, and Roselle Dime

Year: 2018

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Tags: ADB, SASEC, Trade, Transport

Constructing the Asia-Pacific Regional Cooperation and Integration Index: A Panel Approach

This paper uses a panel-based analysis to construct an Asia-Pacific Regional Cooperation and Integration Index (ARCII) to better track the progress of economic integration in the region. The index shows that trade and investment and movement of people are the main drivers of regional integration in Asia and the Pacific from 2006 to 2016. Asia comes second to the European Union in progress on regional integration.

Author: Cyn-Young Park and Racquel Claveria

Year: 2018

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Tags: ADB, Regional Cooperation, Regional Integration, Trade, Connectivity

Asian Development Outlook (ADO) 2018: How Technology Affects Jobs

Developing Asia is forecast to expand by 6.0% in 2018 and 5.9% in 2019. Growth in South Asia is expected to be revived after a two-year slowdown. India is expected to bounce back to 7.3% in 2018 and 7.6% in 2019 owing to the effects of tax and banking reforms and corporate deleveraging. Growth will be strong in the rest of South Asia, with a forecast of 7.0% in 2018 and 7.2% in 2019, but expansion will be affected in Bangladesh and Sri Lanka following a need to carry out revenue-enhancing fiscal reform and to strengthen economic policy. Inflation forecast in South Asia is 4.7% in 2018 and raised to 5.1% in 2019.

Author: Asian Development Bank

Year: 2018

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Tags: ADB, Bangladesh, Bhutan, India, Employment, Jobs, Maldives, Myanmar, Nepal, Sri Lanka, Technology

Renewable Capacity Statistics 2018

This publication provides statistics on renewable power generation capacity for the last decade. It gives figures for global capacity, capacity per region, and capacity per country, including those for Bangladesh, Bhutan, India, Maldives, Myanmar, Nepal, and Sri Lanka. Figures include those for total energy generation capacity, total renewable capacity, and capacity by energy source (hydropower, wind energy, solar energy, etc.).

Author: International Renewable Energy Agency

Year: 2018

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Tags: Hydropower, Renewable Energy, Bangladesh, Bhutan, India, Maldives, Myanmar, Nepal, Sri Lanka

Asia-Pacific Progress in Sustainable Energy: A Global Tracking Framework 2017 Regional Assessment Report

This report, developed by United Nations Economic and Social Commission for Asia and the Pacific in cooperation with the Asian Development Bank, reviews the major challenges in achieving energy access, efficiency, and renewable energy objectives at the regional and country levels. It looks at the growing support for regional connectivity as well as technical and political challenges to furthering cross-border power trade.

Author: United Nations Economic and Social Commission for Asia and the Pacific

Year: 2018

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Tags: ADB, Renewable Energy, Regional Cooperation, UNESCAP

Trade Rules in E-commerce: WTO and India

Regulations for e-commerce is evolving in India and the rest of the world. This paper traces the growth of the e-commerce sector in India, developments in the WTO, and India’s position. It finds that while trade rules in India are more liberal than in other countries, India needs to address gaps and inconsistencies in the regulations. It also recommends that India join the negotiations on trade rules.

Author: Arpita Mukherjee and Avantika Kapoor

Year: 2018

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Tags: ADB, India, Trade Facilitation Agreement, WTO

ESCAP Newsletter - April 2018

This issue of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) newsletter covers the fifth Asia-Pacific Forum on Sustainable Development and its calls for greater regional collaboration. It also features a report on how digital trade facilitation could cut trade costs in Asia-Pacific by $673 billion annually.

Author: United Nations Economic and Social Commission for Asia and the Pacific

Year: 2018

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Tags: Paperless Trade, Sustainable Development Goals, Trade Facilitation Agreement, UNESCAP

Fostering Effective Energy Transition

This report introduces the Energy Transition Index, which looks at the performance of energy systems in 114 countries and their readiness to transition to a secure, sustainable, affordable, and inclusive future energy system. The report shows that India has been improving electricity access. It also encourages countries to benchmark themselves against comparable groups in terms of development status and energy trade balance to identify best practices and develop applicable improvement plans.

Author: World Economic Forum

Year: 2018

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Tags: Energy, India, Trade

Trade Facilitation and Innovation: Evidence from South Asia Subregional Economic Cooperation Countries

This paper looks at trade and its effects on innovation. Its analysis of firm-level data from Bangladesh, India, and Nepal shows that shorter trade times add competitive pressure from world markets and induces firms to innovate, hence associated with introduction of new products and new management systems. The results suggest that policies that improve trade facilitation would support long-term growth in South Asia Subregional Economic Cooperation countries.

Author: Ben Shepherd, Utsav Kumar, and Roselle Dime

Year: 2018

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Tags: Bangladesh, India, Nepal, SASEC, Trade Facilitation Agreement, WTO

Shifting Towards a Consumer-Centered Economy and the Implications for International Trade

This paper asserts that advances in information technology have allowed companies to know more about individual consumers. This has challenged theories that assume consumers to be identical, where goods and services that enter regional value chains are slow to respond to changing demands. The paper predicts that countries and firms will succeed depending on how they will integrate consumer information into the process of value addition.

Author: Matthias Helble

Year: 2018

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Tags: Energy, ICT, Trade, Transport

Financing Infrastructure in Asia and the Pacific: Capturing Impacts and New Sources

This book looks at the impact of infrastructure investment on economic and social indicators, and shows how infrastructure investment can increase output, taxes, trade, and firm productivity. One study in the book shows that trade facilitation reforms in South Asia resulted in increased intraregional trade and trade with other regions. The book proposes innovative modes of financing for infrastructure needed to drive sustainable growth.

Author: Naoyuki Yoshino, Matthias Helble, and Umid Abidhadjaev (editors)

Year: 2018

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Tags: ADB, Infrastructure, Services, South Asia, Trade Facilitation

Transport Corridors and their Wider Economic Benefits: A Critical Review of the Literature

This paper reviews literature estimating the impact of large transport investments. It reviews 78 studies, 11 of which centers on infrastructure projects in India. The paper looks at the economic benefits of transport infrastructure projects to better understand how corridors could generate wider economic benefits, with a focus on roads, rails, and waterways. The review assesses the impact of transport corridor projects on economic welfare and equity, environmental quality, and social inclusion, and suggests a need for policies and institutions that address trade-offs.

Author: Mark Roberts, Martin Melecky, Theophile Bougna, and Yan Sarah Xu

Year: 2018

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Tags: Economic Corridor Development, India, Infrastructure, Investment, Railway, Roads, Transport, WB

The Digital Transformation and the Transformation of International Trade

As new modes of trade emerge from developments in the digital economy, new regulatory concerns arise regarding privacy, ensuring tax neutrality across different modes of trade, and competition. This paper considers the different approaches to these issues by different countries and country partnerships. It studies modes of trade in the digital era, categorizes concerns identified by stakeholders and governments, and reviews how regional trade agreements are working to address these concerns.

Author: Dan Ciuriak and Maria Ptashinka

Year: 2018

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Tags: Trade, WTO

Impact of Implementation of Digital Trade Facilitation on Trade Costs

This paper studies of the effect of the implementation of World Trade Agreement Trade Facilitation Agreement (WTO TFA) measures on trade costs in the Asia-Pacific region. Its analysis shows that full implementation of measures is associated with 15% reduction in trade cost. The paper also projects a 26% decrease in trade costs, amounting to $600 billion annually, with the full implementation of WTO TFA measures together with digital trade facilitation measures. It also looks at the need to develop legal and technical frameworks to support cross-border paperless trade, including the legal recognition of trade data and documents between public and private organizations in different countries.

Author: Yann Duval, Chorthip Utoktham, and Alexey Kravchenko

Year: 2018

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Tags: Trade Facilitation, Trade Facilitation Agreement, WTO

ADB Annual Report 2017

The Asian Development Bank (ADB) 2017 Annual Report details ADB’s operations, activities, and financial results over the year. In South Asia, finance ministers from South Asia Subregional Economic Cooperation (SASEC) member countries launched the SASEC Vision, which sets a long-term strategy for inclusive growth for the region. ADB also signed seven SASEC projects worth a combined $1.33 billion, bringing SASEC’s cumulative investment portfolio to $10.72 billion. ADB helped form SASEC working groups for cross-border trade and supported economic corridors in Bangladesh, India, and Sri Lanka to facilitate trade and investment in South Asia.

Author: Asian Development Bank

Year: 2018

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Tags: ADB, Bangladesh, Bhutan, India, Regional Cooperation, SASEC, South Asia

Global Investment Competitiveness Report 2017/2018: Foreign Investor Perspectives and Policy Implications

This report provides analytical insights and empirical evidence on foreign direct investment’s (FDI) drivers and contributions to economic transformation. Data are categorized by sector and geographic origin and destination of investment, including analysis for SASEC countries using data for Bangladesh, Bhutan, India, Myanmar, Nepal, and Sri Lanka. The report explores the potential of FDI to create growth for local firms, assesses the effectiveness of fiscal incentives in attracting FDI, and gives practical recommendations to developing countries.

Author: World Bank Group

Year: 2018

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Tags: Bangladesh, Bhutan, FDI, India, Nepal, Sri Lanka, Trade, WB, Myanmar

Returned 48 publications