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Jumpstarting South AsiaRevisiting Economic Reforms and Look East Policies$
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Pradumna B. Rana and Wai-Mun Chia

Print publication date: 2017

Print ISBN-13: 9780199479283

Published to Oxford Scholarship Online: June 2019

DOI: 10.1093/oso/9780199479283.001.0001

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Economic Relations between South Asia and East Asia

Economic Relations between South Asia and East Asia

Trends, Potential, and Impacts

(p.49) 2 Economic Relations between South Asia and East Asia
Jumpstarting South Asia

Pradumna B. Rana

Wai-Mun Chia

Oxford University Press

This chapter reviews the ‘Look East’ policies implemented, either formally or informally, by the South Asian countries. It argues that these policies have had a number of positive impacts. Efforts are also being made to improve connectivity to reduce trading costs between the two regions. The chapter then assesses the potential for South Asia–East Asia trade. It also reviews the literature on how greater SA–EA economic linkages especially through SA joining production networks will lead to a win-win situation for all countries in both South Asia and East Asia. South Asian economic integration will also be reinvigorated.

Keywords:   ‘Act East’ policy, Free Trade Agreements, Asian Infrastructure Investment Bank, supply chains, global value chains

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