
As an Amazon Associate and affiliate partner, Menrva Books earns from qualifying purchases. Learn more
Economic ties between South and East Asia can be traced back to the time of the ancient Silk Road. In the recent past, these sub-regions have made great progress towards reviving close economic links among their countries, fuelled by domestic reforms and emergence of regional production networks. More recently, bilateral and regional-level initiatives have also largely enhanced integration.If such initiatives succeed, could these sub-regions grow to dominate global trade? This book evaluates the economic implications of increasing cooperation between the two regions, providing empirical analyses for informed policy decisions and improved outcomes. Exploring the role of market forces as well as domestic and regional policies, it examines how integration helps in spurring inclusive economic development in small economies. It also focuses on the prospects for India's integration with East Asia, elaborating on its role as the biggest driver of integration in the sub-region.
This book investigates the economic implications of increasing cooperation between South and East Asia and whether such integration could lead to regional dominance in global trade. Jayant Menon and T. N. Srinivasan, both established experts in Asian economic development, utilize empirical data and policy analysis to evaluate the efficacy of regional production networks. The authors argue that domestic reforms, combined with strategic bilateral and regional initiatives, serve as the primary catalysts for sustainable growth in these sub-regions.
What You Will Find
Experts recognize this work as a rigorous contribution to the study of Asian economic integration, frequently citing its utility for policymakers and researchers. Readers often note the academic density of the prose, which provides a comprehensive foundation for understanding the complexities of regional trade dynamics.
Page Count:
448
Publication Date:
2018-02-22
Publisher:
Oxford University Press
ISBN-10:
0199474125
ISBN-13:
9780199474127
No comments yet. Be the first to share your thoughts!