Prospects and challenges of integrating South and Southeast Asia

Biswanath Bhattacharyay

International Journal of Development and Conflict, 2013, vol. 3, issue 2, 40-66

Abstract: Integrating the Southeast Asia with South Asia through trade and economic integration and physical and soft connectivity can contribute to peace, prosperity and stability of these two regions. This paper examines the prospects, challenges and benefits of enhancing trade, investment, production and infrastructure connectivity cooperation and integration between these two regions for catalyzing their socio-economic transformation, including the important role of Myanmar. It also examines the trends, achievement drivers, and prospects of economic growth and developments of these regions until 2030. The paper also provides policy recommendations for enhancing regional cooperation and integration. In view of global financial crisis of 2008 and ongoing European debt crisis, advance economies that are principal export markets of South and Southeast Asia economies may witness slow growth and even in recession in short term. Further integration of these two regions will generate increased intraregional trade and reduce their dependence on advanced economies.

Keywords: Trade and economic integration; ASEAN; SAARC; South and Southeast Asia; connectivity; regional cooperation and integration; production network (search for similar items in EconPapers)
JEL-codes: F15 F42 F55 O18 R11 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.ijdc.org.in/uploads/1/7/5/7/17570463/article_3.pdf

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gok:ijdcv1:v:3:y:2013:i:2:p:40-66

Ordering information: This journal article can be ordered from
http://www.ijdc.org.in/issues.html

Access Statistics for this article

International Journal of Development and Conflict is currently edited by Partha Gangopadhyay

More articles in International Journal of Development and Conflict from Gokhale Institute of Politics and Economics Contact information at EDIRC.
Bibliographic data for series maintained by ().