This volume examines the dichotomy between the two faces of South Asiaߟone poverty stricken and lagging in development, the other highly urbanized and growing rapidlyߟand tries to find a workable solution to bridge this gap. It looks at the many policy and institutional constraints that contribute to this dichotomy, especially regional conflict that has made South Asia one of the least integrated regions of the world.
Chapter 12: Regional Cooperation in South Asia: Bangladesh Perspective1
Regional Cooperation in South Asia: Bangladesh Perspective1
South Asia covers 3 percent of the world's land surface, contains 22 percent of the world's population, and shares 1 percent of the world's trade. The region is characterized by poverty, representing half of the world's poor, and frequently suffers from devastating natural calamities, border conflicts, and ethnic and religious disturbances.
South Asian countries have not been major players in the world trade. The inability of the member countries to diversify their exports structure in favor of more modern products has resulted in slower export growth and lower value realization. However, because of the quota system in the readymade garments (RMG) sector, and preferential market access resulting from bilateral treaties, the least ...