Examines the state of economic integration in South Asia and identifies potential areas for further strengthening subregional linkages. Focusing on the four pillars of ESCAP strategy to deepen regional cooperation and integration, the publication provides recommendations on policy actions...

Using OECD Trade in Value Added (TiVA) database (2021, 2022) and Asian Development Bank (2022) dataset, this paper indicates that though India's GVC participation rate has risen over time, it was lower than that of several economies in Asia-Pacific and its relative share in participation gains...

To exploit the locational advantages or synergies between the member countries of the regional trading bloc besides facilitating businesses reaping the economies of scale and specialization.