The paper discusses the current dynamics of peace initiatives made by Pakistan and their importance in changing the regional dynamics in favour of increased economic cooperation in the light of the study undertaken by Murshed and Mamoon (2007) which has analysed the multiple determinants of conflict between India and Pakistan in multivariate settings. The paper highlights the importance of peace in the region especially for Pakistan where the development potential of the country have been stifled greatly due to a long history of political and economic volatility while linking Pakistan’s progress with that of its neighbours through conflict mitigation process. The paper also presents the possibility of such dyadic economic and conflict trade off in 1990s where India may have utilised hostilities to curtail Pakistani economic potential to pressurise Pakistan to forego its support of insurgency in Indian held Kashmir. As both countries are progressing economically, Pakistani peace initiatives make the country as a leading factor in South Asia determining the pace and potential to realise long sought process of regional progress through greater integration of interests.
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number
5948.
Find related papers by JEL classification: F15 - International Economics - - Trade - - - Economic Integration F52 - International Economics - - International Relations and International Political Economy - - - National Security; Economic Nationalism Z00 - Other Special Topics - - General - - - General F51 - International Economics - - International Relations and International Political Economy - - - International Conflicts; Negotiations; Sanctions
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