Faculty / School

Faculty of Business Administration (FBA)

Department

Department of Economics

Was this content written or created while at IBA?

Yes

Document Type

Conference Paper

Publication Date

2-5-2013

Author Affiliation

Dr. Ishrat Husain is Dean and Director at Institute of Business Administration, Karachi.

Conference Name

Indian Council for Research on International Economic Relations (ICRIER)

Conference Location

New Delhi

Conference Dates

February 5, 2013

First Page

1

Last Page

16

Keywords

Trade, India, Pakistan, South Asia, International relations

Abstract / Description

India and Pakistan, the two largest economies in South Asia, have enjoyed very little trading relations for past four decades. The intransigency between these two countries has had deleterious effect on intra-regional trade flows within the South Asia region. Consequently, the region remains marginalized in regional trade integration compared to other regions of the world. The foregone benefits to the people inhabiting these countries of South Asia are substantial.

The correlation between trade, economic growth and poverty reduction has become quite evident in the last few decades. Unlike the export pessimism literature, the ascendancy of China, a developing country despite having a large internal market of 1.2 million consumers relying upon exports ,has generated renewed belief in the validity of the proposition of trade as an engine of growth.

Share

COinS