South Asian economies in the global trading system
South Asia, comprising Bangladesh, India, Pakistan and Sri Lanka, with one-fifth of the global population, is relatively insignificant in world trade as well as in regional trade. Using conventional trade ratios, this paper finds that there is potential for trade expansion within the region and, contrary to the common perception, the commodity structures of all countries are complementary to eachother. Bangladesh and Sri Lanka have the highest level of complementarity in their trade relative to...[Show more]
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