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Trade, Finance and Investment in South Asia

Trade, Finance and Investment in South Asia brings together nine papers by distinguished economists on the nature of trade in South Asia. Written lucidly by economists from South Asian countries these papers lend clarity to a problem that has confused many, making the volume indispensible to experts and accessible to others.

The papers in this volume cover subjects such as the impact of changing global trade policies on India; charting a free trade area in south Asia; India's informal trade with Bangladesh and Nepal; India-Bangladesh bilateral trade; a plan to strengthen regional trade cooperation in South Asia, health policy challenges for India and economic integration in the SAARC region.

India, Pakistan, Bangladesh, Sri Lanka and Nepal figure prominently in this volume. The Maldives and Bhutan also receive attention. China, though outside SAARC, figures in this volume, in a comparison of foreign direct investment patterns between it and India.

Trade performance has been unsatisfactory in South Asia, specially when compared to Southeast Asia. The papers in this volume dwell on the complex interrelations between the various trade policies, development strategies, social, political and legal constraints, health policies, and the timing of economic reforms in the region, to explain why this is so.

The editor, in a very illuminating introductory papers, 'South Asia in the World Economy: some Issues', integrates the various arguments in the volume and explores the policy options for South Asia in a likely new World Trade Organization (WTO) round of multilateral trade negotiations.


Preface and Acknowledgements:

1. South Asia in the World Economy: Some Issues
T. N. Srinivasan
2. The Impact of Changing Global Trade Policies on India
Rajesh Chadha
3. Charting a Free Trade Area in South Asia:Instruments and Modalities
I.N. Mukherji
4. India's Informal Trade with Bangladesh and Nepal:A Comparative Study
Sanjib Pohit · Nisha Taneja
5. Bangladesh-India Bilateral Trade: An InvestigationInto Trade in Services
Mustafizur Rahman
6. A Plan to Strengthen Regional Trade Cooperation inSouth Asia
A.R. Kemal · Musleh-ud Din
Kalbe Abbas · Usman Qadir
7. Multinational versus Expatriate FDI: A ComparativeAnalysis of the Chinese and Indian Experience
Ashok Guha · Amit S. Ray
8. Foreign Direct Investment and Economic Integrationin the SAARC Region
Sisira Jayasuriya · Dushni Weerakoon
9. Health Policy Challenges for India: Private Health Insurance and Lessons from the International Experience
Ajay Mahal

List of Contributors:


1. T. N. Srinivasan
Samuel C. Park, Jr Professor of Economics, Yale University.
2. Rajesh Chadha
Reader, Hindu College and Honorary Advisor, National Council of Applied Economic Research (NCAER), Delhi.
3. I N Mukherjee
Dean, School of International Studies, Jawaharlal Nehru University, New Delhi.
4. Sanjib Pohit
Senior Economist, National Council of Applied Economic Research (NCAER), Delhi.
5. Nisha Taneja
Senior Fellow, Indian Council for Research on International Economic Relations (ICRIER), New Delhi.
6. Mustafizur Rahman
Research Director, Centre for Policy Dialogue, Dhaka.
7. A R Kemal
Director, Pakistan Institute of Development Economics, Islamabad.
8. Musleh-ud Din
Senior Research Economist, Pakistan Institute of Development Economics, Islamabad.
9. Kalbe Abbas
Research Economist, Pakistan Institute of Development Economics, Islamabad.
10. Usman Qadir
Staff Economist, Pakistan Institute of Development Economics, Islamabad.
11. Ashok Guha
Visiting Professor of Economics,Georgetown University, Washington, DC.
12. Amit S. Ray
Associate Professor of Economics, School of International Studies,Jawaharlal Nehru University, New Delhi.
13. Sisira Jayasuriya
Director, Asian Economics Centre, Department of Economics,
University of Melbourne, Melbourne.
14. Dushni Weerakoon
Research Fellow, Institute of Policy Studies of Sri Lanka, Colombo.
15. Ajay Mahal
Assistant Professor of International Health Economics, Harvard School of Public Health, Boston.



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