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 15: Regional Cooperation in South Asia: Sri Lanka Perspective
Regional Cooperation in South Asia: Sri Lanka Perspective
For the past decade, South Asia has been the second fastest-growing region in the world, after East Asia, with an average annual growth rate of 5.3 percent. Yet it remains one of the poorest regions. Forty-five percent of the population lives below the international poverty line of US$1 a day, comprising about 40 percent of the world's poor. South Asia's extremely poor reduced by only 14 million between 1990 and 2002 and in the best case and worst case scenarios the extremely poor in South Asia in 2015 is estimated to reach 140 million and 327 million, respectively, compared with 434 million in 2002 (ADB 2004).
Countries in the South Asian ...