South Asia’s missing intra-regional trade4 min read 01 May 2017, 05:00 AM IST
Lack of economic integration in South Asia sharply limits the contribution of trade to regional growth
The latest edition of the World Bank’s South Asia Economic Focus is well worth reading. Titled “Globalization Backlash", the report examines whether South Asia stands to lose from the protectionist tendencies currently on the rise. It concludes, optimistically, that the region does not have much to lose from the turn away from globalization. How convincing is this claim?