South Asia’s Economic Integration with East Asia: An Exploratory Analysis with a Focus on India

• 발행기관: 세종대학교 경제통합연구소
• 저자명: Venkatachalam Anbumozhi Kaliappa Kalirajan
• 간행물 정보: 『Journal of Economic Integration』제35권 제1호, 91~110쪽, 전체 20쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2020.03.31

영문 초록

Economic integration of South Asia and East Asia has been growing steadily since the 1990s, fuelled by domestic reforms and the emergence of regional supply chains. Within South Asia, India emerged as the largest trading partner and investment destination for East Asian economies. With its new Act East Policy, India has been proactively looking at free trade agreements with Association of Southeast Asian Nation and East Asia, which has brought benefits to South Asia in terms of improved trade and increased investment. This paper assesses the experience of the economic integration of South Asia and East Asia by addressing questions such as the extent of trade integration achieved and impediments to deepening integration. It found that trade and investment linkages are growing as well as casually related. However, attaining the full potential of economic integration is constrained by the insufficient depth in the use of existing trade agreements, barriers to service trade, and poor infrastructure connectivity. Expansion of Regional Comprehensive Economic Cooperation would significantly enhance economic integration of South Asia, particularly India, and East Asia.

목차

I. Introduction

II. Trade and Investment Flows between South Asia and East Asia

III. Mapping India’s Economic Performance and the Potential of Economic Integration with East Asia

IV. Impediments to South Asia-East Asia Economic Integration.

V. Conclusion

키워드

Economic Integration Infrastructure Free Trade Agreements Foreign Direct Investment Regional Cooperation