National Strategies for Regional Integration: South and East Asian Case Studies

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Joseph F. Francois, Pradumna Bickram Rana, Ganeshan Wignaraja
Anthem Press, 2009 - Business & Economics - 563 pages
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Regional integration is gathering momentum in Asia. This study examines the diverse experience of regional integration of South and East Asian economies during the last two decades and offers lessons for latecomers. The global economic crisis is expected to merely dampen rather than halt the pace of Asian integration. Global recovery will give renewed impetus to Asian integration. East and South Asia include the world's largest and most dynamic open economies alongside several least developed countries. Using a set of country cases based on a similar framework, the study addresses an important policy question: how can each country's integration with its neighbors and more distant regional economies be improved? Of the eight country studies, five are from South Asia (India, Pakistan, Bangladesh, Nepal, and Sri Lanka) and three are from East Asia (the People's Republic of China, Thailand, and Singapore). The country cases--which differ by per capita income, country size and location--provide fascinating insights on the relationship between regional economic performance and strategies for regional integration at the country level.

 

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Contents

Introduction Findings and Policies
1
India
23
Nagesh Kumar and Pooja Sharma
97
Bangladesh
137
Nepal
207
Binod Karmacharya and Nephil Maskay
277
Peoples Republic of China
333
Zhang Yunling
383
Singapore
483
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About the author (2009)

Joseph Francois is Professor of Economics at Johannes Kepler Universitšt, Linz. His books include ‘The Next WTO Round: North-South stakes in new market access negotiations’ (Adelaide, 2001).

Pradumna B. Rana is a Senior Fellow at Nanyang Technological University, Singapore. His books include ‘The Asian Financial Crisis 10 Years After, Preparedness for Future Crisis in East Asia: Global, National, and Regional Perspectives’ (London, 2008) and ‘South Asia - Rising to the Challenge of Globalization’ (Singapore, 2008), with John Malcolm Dowling.

Ganeshan Wignaraja is Principal Economist at the Asian Development Bank, Philippines. His books include ‘Competitiveness Strategy in Developing Countries’ (London, 2003), ‘Trade Liberalization in Sri Lanka’ (Basingstoke, 1998), and ‘The Postwar Evolution of Development Thinking’ (Basingstoke, 1991), with C. Oman.

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