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Deepening India–Bangladesh Economic Cooperation : Challenges and Opportunities

Author

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  • Prabir De

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  • Biswa N. Bhattacharyay

Abstract

In recent years, South Asia has received growing attention as a region that is integrating successfully into the global economy. To maximize the benefits in terms of faster growth and poverty reduction, the region will need to strengthen regional and bilateral cooperation in several areas. In this context, closer bilateral cooperation and integration between major South Asian countries, such as between India and Bangladesh, will strengthen the South Asian Association for Regional Cooperation (SAARC) and help ensure the effectiveness and efficiency of their activities. Cultural, trade, and economic exchanges between the two countries are long standing. Rapid domestic economic development and mutual cooperation have demonstrated broad prospects for further cooperation between the two countries. A remarkable growth in two-way trade between India and Bangladesh has resulted in robust growth of the economies in the region. Compared with their strength, much potential exists for developing trade and economic relations between the two countries. This paper discusses various opportunities and associated prospects and problems in strengthening the IndiaBangladesh economic cooperation and integration agenda in the context of SAARC.

Suggested Citation

  • Prabir De & Biswa N. Bhattacharyay, 2007. "Deepening India–Bangladesh Economic Cooperation : Challenges and Opportunities," Macroeconomics Working Papers 22098, East Asian Bureau of Economic Research.
    • Handle: RePEc:eab:macroe:22098
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    Cited by:

    1. Mustafizur Rahman & Towfiqul Islam Khan & Ashiqun Nabi & Tapas Kumar Paul, 2011. "Bangladesh’s Export Opportunities in the Indian Market," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 12(1), pages 117-141, March.
    2. Mustafizur Rahman & Mazbahul Golam Ahamad & A K M Nazrul Islam & Muhammad Al Amin, 2012. "Agricultural Trade between Bangladesh and India: An Analysis of Trends, Trading Patterns and Determinants," CPD-CMI Working Paper 3, Centre for Policy Dialogue (CPD).
    3. Mustafizur Rahman & Towfiqul Islam Khan & Ashiqun Nabi & Tapas Kumar Paul, 2010. "Bangladesh's Export Opportunities in the Indian Market: Addressing Barriers and Strategies for Future," CPD Working Paper 90, Centre for Policy Dialogue (CPD).
    4. Suresh Moktan, 2008. "Evaluating the Intra–regional Exports and Trade Creation and Trade Diversion Effects of Trade Agreements in SAARC Countries," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 9(2), pages 233-260, September.

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    Keywords

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    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F15 - International Economics - - Trade - - - Economic Integration
    • R40 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - General

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