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Economic integration is facing threat throughout the world. Brexit (2016) is the biggest blow to the European Union as well as to the global concept of economic integration. Endless calculation is going on to measure positive and negative impact of Brexit on British economy and rest of the...
Persistent link: https://www.econbiz.de/10012964205
The South Asian Association for Regional Cooperation (SAARC) was established in 1985 with a view to strengthen cooperation among the nations. Long 25 years has gone but how much its objectives were achieved. South Asian leaders were meeting for 16 times and committed a lot but how many of the...
Persistent link: https://www.econbiz.de/10013143130
Last month I was in Singapore to join an international seminar on 'Pan Asian Integration' but before that we must be integrated in South Asia to facilitate integration with East Asia. The South Asian Association for Regional Cooperation (SAARC) is mandated for poverty alleviation through trade...
Persistent link: https://www.econbiz.de/10013158549
Though South Asia covers 4,488,300 sq kms of the world's surface area with a population of 1.5 billion, still it has only a negligible share of the world's total volume of trade. Most of the people of this region are living below the poverty line. Only mutual initiatives towards economic...
Persistent link: https://www.econbiz.de/10013160065
A complete economic integration can offer better standard of living with common trade policy, single currency, common monetary policy, together with a single fiscal policy, including common tax and benefit rates, complete harmonization of all policies, rates, and economic trade rules. Thus a...
Persistent link: https://www.econbiz.de/10012843959