Regional Economic Integration and FDI in South Asia : Prospects and Problems
AbstractThe slow progress and modest achievements of regional integration in South Asia have generated a huge amount of skepticism about its role as an effective strategy of growth. The present study, however, argues that there is need to forge deeper integration within the region. It examines the prospects and problems of serious fiscal consolidation within the area. Essentially, it looks at the effect of deepened regionalism on investment flows. It argues that regional integration has the potential to promote intra and extra regional FDI flows and economic development in individual countries of the region. This will pave the way for the most efficient use of the region's resources through additional economies of scale, value addition, employment and diffusion of technology. A number of challenges remain. Structural weaknesses, institutional bottlenecks, political movements, narrow nationalism and mutual mistrust are some of the factors that explain the failure of the region to exploit possibilities. Paradoxically, the problems themselves provide strong motivation for strengthening cooperation. It is only through more intensive collaboration that these complexities can be addressed and resolved. [Working Paper No. 218]
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by eSocialSciences in its series Working Papers with number id:2691.
Date of creation: Jul 2010
Date of revision:
Note: Institutional Papers
Contact details of provider:
Web page: http://www.esocialsciences.org
Regional integration; South Asia; intra regional FDI; extra regional FDI; SAFTA;
Other versions of this item:
- Aradhna Aggarwal, 2008. "Regional Economic Integration and FDI in South Asia - Prospects and Problems," Macroeconomics Working Papers 22141, East Asian Bureau of Economic Research.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Magnus Blomstrom & Ari Kokko, 1997.
"Regional Integration and Foreign Direct Investment,"
NBER Working Papers
6019, National Bureau of Economic Research, Inc.
- Blomström, Magnus & Kokko, Ari, 1997. "Regional Integration and Foreign Direct Investment," Working Paper Series in Economics and Finance 172, Stockholm School of Economics.
- Blomström, Magnus & Kokko, Ari, 1997. "Regional Integration and Foreign Direct Investment," CEPR Discussion Papers 1659, C.E.P.R. Discussion Papers.
- Denis Medvedev, 2010.
"Preferential trade agreements and their role in world trade,"
Review of World Economics (Weltwirtschaftliches Archiv),
Springer, vol. 146(2), pages 199-222, June.
- Medvedev, Denis, 2006. "Preferential trade agreements and their role in world trade," Policy Research Working Paper Series 4038, The World Bank.
- Eduardo Levy Yeyati & Ernesto H. Stein & Christian Daude, 2003.
"Regional Integration and the Location of FDI,"
Research Department Publications
4343, Inter-American Development Bank, Research Department.
- Eduardo Borensztein & Jose De Gregorio & Jong-Wha Lee, 1995.
"How Does Foreign Direct Investment Affect Economic Growth?,"
NBER Working Papers
5057, National Bureau of Economic Research, Inc.
- Borensztein, E. & De Gregorio, J. & Lee, J-W., 1998. "How does foreign direct investment affect economic growth?1," Journal of International Economics, Elsevier, vol. 45(1), pages 115-135, June.
- Jong-Wha Lee & Jose De Gregorio & Eduardo Borensztein, 1994. "How Does Foreign Direct Investment Affect Economic Growth," IMF Working Papers 94/110, International Monetary Fund.
- Sachin Chaturvedi, 2007. "Trade Facilitation Measures in South Asian FTAs : An Overview of Initiatives and Policy Approaches," Trade Working Papers 22091, East Asian Bureau of Economic Research.
- Brenton, Paul & DiMauro, Francesca & Lücke, Matthias, 1998.
"Economic integration and FDI: an empirical analysis of foreign investment in the EU and in Central and Eastern Europe,"
Kiel Working Papers
890, Kiel Institute for the World Economy.
- Paul Brenton & Francesca Di Mauro & Matthias LÃ¼cke, 1999. "Economic Integration and FDI: An Empirical Analysis of Foreign Investment in the EU and in Central and Eastern Europe," Empirica, Springer, vol. 26(2), pages 95-121, June.
- Barrell, Ray & Pain, Nigel, 1999.
"Trade restraints and Japanese direct investment flows,"
European Economic Review,
Elsevier, vol. 43(1), pages 29-45, January.
- Ray Barrell & Nigel Pain, . "Trade restraints and Japanese direct investment flows," NIESR Discussion Papers 43, National Institute of Economic and Social Research.
- Andreas Waldkirch, 2003. "The 'new regionalism' and foreign direct investment: the case of Mexico," Journal of International Trade & Economic Development, Taylor and Francis Journals, vol. 12(2), pages 151-184.
- V.N. Balasubramanyam & David Greenaway, 1992. "Economic Integration and Foreign Direct Investment: Japanese Investment in the EC," Journal of Common Market Studies, Wiley Blackwell, vol. 30(2), pages 175-194, 06.
- Baltagi, Badi H. & Egger, Peter & Pfaffermayr, Michael, 2007.
"Estimating models of complex FDI: Are there third-country effects?,"
Journal of Econometrics,
Elsevier, vol. 140(1), pages 260-281, September.
- Badi H. Baltagi & Peter Egger & Michael Pfaffermayr, 2005. "Estimating Models of Complex FDI: Are There Third-Country Effects?," Center for Policy Research Working Papers 73, Center for Policy Research, Maxwell School, Syracuse University.
- Sachin Chaturvedi, 2007. "Trade Facilitation Measures in South Asian FTAs: An Overview of Initiatives and Policy Approaches," Working Papers 2807, Asia-Pacific Research and Training Network on Trade (ARTNeT), an initiative of UNESCAP and IDRC, Canada..
- John H. Dunning, 1997. "The European Internal Market Programme and Inbound Foreign Direct Investment," Journal of Common Market Studies, Wiley Blackwell, vol. 35(1), pages 1-30, 03.
- Haider A. Khan & Zulfiqar Larik, 2007. "Globalization and Regional Co-operation in South Asia: A Political and Social Economy Approach," CIRJE F-Series CIRJE-F-480, CIRJE, Faculty of Economics, University of Tokyo.
- Blomstrom, Magnus & Kokko, Ari, 1997. "Regional integration and foreign direct investment : a conceptual framework and three cases," Policy Research Working Paper Series 1750, The World Bank.
- John H. Dunning, 1997. "The European Internal Market Programme and Inbound Foreign Direct Investment," Journal of Common Market Studies, Wiley Blackwell, vol. 35(2), pages 189-223, 06.
- Dunning, John H, 1979. "Explaining Changing Patterns of International Production: In Defence of the Eclectic Theory," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 41(4), pages 269-95, November.
- Bhatt, Antra & Puri, Manas & Appolloni, Andrea, 2011.
"SEZ proliferation in India: are the objectives being realized?,"
35095, University Library of Munich, Germany.
- Antra Bhatt & Manas Puri & Andrea Appolloni, 2012. "SEZ Proliferation in India: Are the Objectives Being Realized?," Transition Studies Review, Springer, vol. 19(1), pages 79-88, September.
- Kumar, Rajiv & Singh, Manjeeta, 2009. "India’s Role in South Asia Trade and Investment Integration," Working Papers on Regional Economic Integration 32, Asian Development Bank.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Padma Prakash).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.