Publications List

Comprehensive listing of books, reports, and research on regional cooperation and integration (RCI) in South Asia and relevant global RCI publications, including publications on transport, trade facilitation, energy, and economic corridors in the SASEC region.

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June 2017 Global Economic Prospects: A Fragile Recovery

The World Bank forecasts that global growth will strengthen to 2.7% in 2017 amid a pickup in manufacturing and trade, rising confidence, favorable global financing conditions, and stabilizing commodity prices. In South Asia, growth is projected to remain strong at 6.8% in 2017. India is recovering from the temporary adverse effects of the end-2016 withdrawal of large-denomination currency notes. Activity in Bangladesh is moderating, reflecting a pullback in domestic demand and industrial production. Regional growth is expected to steady in 2018-2019, reaching an average of 7.2%, supported by strong domestic demand, a small rise in exports, and strong foreign direct investment. The regional outlook has been slightly revised down from January, reflecting a more protracted recovery in private investment in India than previously expected.

Author: World Bank Group
Year: 2017
Download - 5.43 MB
Tags:  WBBangladeshFDIIndiaManufacturingSouth AsiaTrade

 


Eradicating Poverty and Promoting Prosperity in a Changing Asia-Pacific

This report explores five long-term trends in the Asia-Pacific region that will shape approaches to poverty alleviation and the prospects for achieving prosperity: regional economic cooperation and integration; rural–urban transitions; demographic changes; ICT access and connectivity; and demand for natural resources. It examines the changing development context in South Asian and other economies. It also looks at opportunities created by regional cooperation and integration that intend to bring about shared economic benefits.

Author: United Nations Economic and Social Commission for Asia and the Pacific, Asian Development Bank, United Nations Development Programme
Year: 2017
Download - 4.1 MB
Tags:  ADBConnectivityICTRegional CooperationSustainabilityUNESCAPUNDPBangladeshBhutanIndiaMaldivesNepalSri Lanka

 


Unlocking the Potential of Regional Economic Cooperation and Integration in South Asia

At a modest 6% of total trade, intraregional trade in South Asia stands at less than one third of its full potential. Trade barriers and inadequate infrastructure have cost South Asia over US $54 billion per year in lost export opportunities. With 309 million people living on less than $1.90 a day—the largest concentration of poverty in the world—South Asia should urgently pursue broad-based regional economic cooperation that could enable effective responses to the subregion’s developmental challenges. This report examines the state of economic integration in South Asia and identifies potential areas for further strengthening subregional linkages. It provides recommendations on policy actions to increase market integration, improve connectivity, boost investment in infrastructure development, and tackle shared vulnerabilities and risks. It calls for the consolidation and upgrading of existing trade and investment cooperation initiatives into a South Asia Comprehensive Economic Partnership.

Author: United Nations Economic and Social Commission for Asia and the Pacific
Year: 2017
Download - 1.1 MB
Tags:  BIMSTECInvestmentRegional CooperationSAARCSouth AsiaSustainabilitySustainable DevelopmentTradeUNESCAPBangladeshBhutanIndiaMaldivesMyanmarNepalSri Lanka

 


Can Online Markets Make Trade More Inclusive?

Technology-driven online trade reduces income inequality and makes trade more inclusive. To fully realize these new gains from trade, governments and export promotion agencies should address barriers to e-commerce. Technology made available by online markets has significantly reduced the cost of entry into international markets for small and medium-sized firms, which can now reach more distant consumers and create a global reputation as a seller at very low costs. Online firms, even those smaller than traditional offline firms, export, and this paper shows that online markets help reduce income inequality by providing smaller firms access to international markets.

Author: Andreas Lendle and Marcelo Olarreaga
Year: 2017
Download - 467 KB
Tags:  ADBICTIndiaTrade

 


Climbing Higher: toward a Middle-income Nepal

Nepal is experiencing modest growth but brisk poverty reduction. It has halved the poverty rate in just seven years and witnessed an equally significant decline in income inequality. Yet Nepal remains one of the poorest and slowest-growing economies in Asia, with per capita income falling behind its regional neighbors. The report discusses the need for comprehensive policy reform to address the country’s challenges in becoming a lower-middle-income country by 2030. The report outlines suggested reforms to facilitate greater investment and improved productivity, build new sources of growth, and deepen human capital.

Author: World Bank Group
Year: 2017
Download - 1.5 MB
Tags:  EmploymentInvestmentNepalPoverty ReductionTradeTransportWB

 


Growth Slowdowns, Middle-Income Trap, and Demographic Profile in South Asia

This paper examines how investment in human capital is critical for innovation. Analyzing the different growth-promoting factors in South Asian economies, with a focus on demographics, and factors that can help shift middle-income countries to high-income countries, it concludes that economic transition is affected by firms’ productive advantages—ability to compete with high-skilled producers, low-wage exporters—and education-based growth, which can help advance the country's technological capacity.

Author: S. P. Jayasooriya
Year: 2017
Download - 591.5 KB
Tags:  EconomicsEmploymentManufacturingEconomic CorridorSouth Asia

 


Asia-Pacific Sustainable Development Goals Outlook

This outlook report on the Sustainable Development Goals (SDG) offers an overview of the issues confronting the Asia and the Pacific region in eradicating poverty. Calling for greater synergies and collaboration, this report underscores that climate change and growth policies, including initiatives to improve access to energy and other forms of infrastructure, must also correspond to poverty-reduction strategies. The first knowledge product under a renewed partnership between the Economic and Social Commission for Asia and the Pacific, the Asian Development Bank, and the United Nations Development Programme, this report brings together experts and practitioners in the hope of inspiring new ideas to achieve the 2030 agenda.

Author: United Nations Economic and Social Commission for Asia and the Pacific, Asian Development Bank, and United Nations Development Programme
Year: 2017
Download - 7.72 MB
Tags:  Regional CooperationTrade FacilitationPoverty ReductionSouth Asia

 


2016 Development Effectiveness Review

The Development Effectiveness Review tracks development progress in Asia and the Pacific and monitors the Asian Development Bank’s (ADB) effectiveness 2010-2016. For South Asia, ADB shares results in regional cooperation, energy, and road and rail transport. ADB also approved $4.4 billion in financing for projects in South Asia during 2016. The Review includes details of ongoing and newly approved projects.

Author: Asian Development Bank
Year: 2017
Download - 6.3 MB
Tags:  ADBAsia-PacificDevelopmentPoverty ReductionRegional CooperationRegional IntegrationRoadsTransportBangladeshBhutanIndiaMaldivesNepalSri Lanka

 


The Little Data Book on Information and Communication Technology

This book presents quick indicators for more than 200 countries showing data on key indicators of information and communications technology (ICT), including access, quality, affordability, efficiency, sustainability, and applications. It includes data for Bangladesh, Bhutan, India, Maldives, Myanmar, Nepal, and Sri Lanka.

Author: World Bank and International Telecommunications Union
Year: 2017
Download - 8.4
Tags:  BangladeshBhutanICTIndiaMaldivesMyanmarNepalSri LankaSouth AsiaWB

 


ADB Annual Report 2016

The Asian Development Bank (ADB) 2016 Annual Report provides a complete picture of ADB’s performance in the reporting year. In 2016, South Asia sustained its rapid economic growth, expanding by 6.6% despite global headwinds. ADB approved $4.4 billion in loans and grants covering 30 projects in South Asia. ADB also supported the development of the South Asia Subregional Economic Cooperation (SASEC) Vision, which articulates the region’s potential as an integrated entity. SASEC countries adopted the partnership’s first comprehensive and long-term Operational Plan covering 2016-2025, defining strategic objectives and operational priorities. The Operational Plan identifies over 200 potential projects requiring more than $120 billion in development assistance over the next five years.

Author: Asian Development Bank
Year: 2017
Download - 8.2 MB
Tags:  ADBSASECSouth Asia

 


Asia-Pacific Regional Integration Index: Construction, Interpretation, and Comparison

Deeper regional integration expands markets, helps maximize the efficiency of resource allocation, and boosts productivity and investment opportunities, all serving stronger economies. This study proposes a regional integration index for Asia and the Pacific, the Asia-Pacific Regional Integration Index (APRII), comprising 26 indicators that measure various aspects of regional integration along six dimensions: trade and investment integration, money and finance integration, regional value chains, infrastructure and connectivity, free movement of people, and institutional and social integration. In the overall APRII, India ranks 14th—scoring closely to the Asia region integration average of 0.473—and scores highest on regional value chains and institutional and social integration. Nepal ranks 15th, scoring highest on regional value chains and trade and investment integration. Bangladesh and Sri Lanka rank 18th and 20th, respectively, and score highest on regional value chains. Maldives ranks 21st, scoring highest on free movement of people. Myanmar and Bhutan ranks 26th and 27th, and both score highest on trade and investment integration. In the overall regional integration indexes of selected Asian subregions, South Asia ranks 4th.

Author: Hyeon-seung Huh, Cyn-Young Park
Year: 2017
Download - 2.01 MB
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Economic and Social Survey of Asia and the Pacific 2017

The 2017 edition of UNESCAP’s Economic and Social Survey of Asia and the Pacific underscores the need to better address the region's pressing challenges due to rising trade protectionism, heightened global uncertainty, and rapid growth in the previous years. Better governance and effective institutions can help Asia and the Pacific countries cope with steady but modest growth and rising inequalities, as well as environmental degradation, by helping them gain access to a skilled labor force, improve investment prospects, and sustain innovation—enhancing their level and pace of productivity, improving their long-term economic prospects. In South Asia, where most households depend entirely on labor income, decent and high-productivity jobs are needed to help mitigate high levels of poverty. The report also highlights the need to manage climate change, which threatens to undermine the region's economic development gains.

Author: United Nations Economic and Social Commission for Asia and the Pacific
Year: 2017
Download - 5.24 MB
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Basic Statistics 2017

Basic Statistics 2017 contains development indicators for 45 economies in the Asia and Pacific Region, including the seven SASEC countries, Bangladesh, Bhutan, India, Maldives, Myanmar, Nepal, and Sri Lanka. It includes selected indicators of the Sustainable Development Goals (SDGs) such as the proportion of population living below $1.90 (PPP) a day, proportion of population with access to electricity, renewal energy share in the total final energy consumption, unemployment rate, total official flows for infrastructure, and trade balance.

Author:
Year: 2017
Download - 769.8 KB
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Clean Energy Financing Partnership Facility: Annual Report 2016

The Asian Development Bank (ADB) established the Clean Energy Financing Partnership Facility, comprising the Clean Energy Fund, the Asian Clean Energy Fund, the Carbon Capture and Storage Fund, and the Canadian Climate Fund for the Private Sector in Asia, to assist developing member countries improve energy security, and transition to low-carbon use through cost-effective investments in April 2007. The Facility aims to help the energy sector's aim of contributing around $3 billion to climate mitigation, to help ADB achieve its scaled up target of doubling its annual climate financing to $6 billion by 2020, with $4 billion for climate mitigation and $2 billion for climate adaptation. This report highlights overall implementation progress and operational results of the Facility in 2016.

Author: Asian Development Bank
Year: 2017
Download - 3.42 MB
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Banking on the Future of Asia and the Pacific: 50 Years of the Asian Development Bank

This book tells the five-decade history of the Asian Development Bank (ADB), illustrating how the multilateral bank has grown and expanded, tackling Asia and the Pacific region’s economic development, and the evolution of its international development agenda. It discusses how ADB has helped promote regional cooperation and integration by developing subregional cooperation programs, including SASEC, which was formally established in 2001 as a project-based initiative to promote economic cooperation through the enhancement of cross-border connectivity and facilitation of trade. In 2006, the ADB Board approved the Regional Cooperation and Integration (RCI) Strategy based on four pillars: subregional economic cooperation on cross-border infrastructure and related software, trade and investment cooperation and integration, monetary and financial cooperation and integration, and cooperation in regional public goods. The RCI strategy envisaged ADB as a money bank, as a knowledge bank, as a capacity builder, and as an honest broker.

Author: Peter McCawley
Year: 2017
Download - 5.25 MB
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SASEC Powering Asia in the 21st Century

SASEC Powering Asia in the 21st Century defines the SASEC Vision, framing the SASEC partnership in the larger context of the subregion’s collective growth and development by articulating shared aspirations of the SASEC countries (Bangladesh, Bhutan, India, Maldives, Myanmar, Nepal, and Sri Lanka), and setting the path to achieve these through regional collaboration. The SASEC Vision lays out a subregional transformative opportunity by leveraging natural resources, promoting industry linkages for the development of regional value chains, and expanding the region’s trade and commerce through the development of subregional gateways and hubs.

Author: South Asia Subregional Economic Cooperation
Year: 2017
Download - 5.28 MB
Tags:  SASECTrade FacilitationTransportEnergy

 


Mekong-Ganga Cooperation: Breaking Barriers and Scaling New Heights

The Mekong-Ganga Cooperation (MGC) promotes intra-regional collaboration among Cambodia, India, Lao PDR, Myanmar, Thailand and Vietnam in the areas of trade, tourism, culture, education, and transport and communications. This book reviews how MGC cooperation has grown since MGC's inception in 2000, including expansion of their economic and cultural relations. Under India's Act East Policy, MGC has gained further momentum – endorsing a Plan of Action 2016-2018, and planning extended connectivity of the India-Myanmar-Thailand Trilateral Highway to Cambodia, Laos, and Vietnam. This report outlines important discussion points on trade, regional value chains, foreign direct investment, physical and digital connectivity, border connectivity, and cultural relations, to strengthen India and the Association of Southeast Asian Nation linkages through MGC.

Author: Research and Information System for Developing Countries and ASEAN-India Centre
Year: 2017
Download - 6.34 MB
Tags:  ASEANIndiaSoutheast AsiaSouth AsiaTradeTrade Facilitation

 


Global Energy Interconnection

Sustainable energy and climate change are major global concerns, yet three billion people around the world rely on wood, coal, or animal waste for cooking and heating. The interconnection of grids would open up opportunities for resource sharing and bring clean energy to much more of the world. This paper assesses benefits and outlines policy, technical, and economic preconditions for global energy interconnection. It analyzes global transmission scenarios and evaluates their impact on energy supplies and the environment. It also gives recommendations for setting standards, and where stakeholder involvement is necessary.

Author: International Electrotechnical Commission
Year: 2017
Download - 6 MB
Tags:  EnergyIndiaNepalPolicyStandardizationSustainabilityTradeSouth Asia

 


Implications of Brexit to the Asia-Pacific Region: with a Focus on Least Developed Countries (Trade Insights: Issue No. 20)

This issue of Trade Insights, published by United Nations Economic and Social Commission for Asia and the Pacific, discusses how possible Brexit scenarios could adversely affect least developed countries in the Asia-Pacific region. Simulation results show that potential reduction in exports to the United Kingdom for fish, clothes, textiles, footwear, and other key items can range from 16% to 50% of their current export value. According to the study, countries heavily exposed to Brexit-induced risks must analyze the extent of such impact and engage the United Kingdom in discussions in order to limit negative impact.

Author: Louis Graham, Arun Jacob, and Anders K. Møller
Year: 2017
Download - 759 KB
Tags:  Asia-PacificLeast Developed CountriesSouth AsiaTradeUNESCAPIndiaBangladeshMaldivesMyanmarNepalSri Lanka

 


Emerging Trans-Regional Corridors: South and Southeast Asia

This volume gathers perspectives from South Asia and Southeast Asia on trans-regional economic corridors, focusing on four planned projects—the Indo-Pacific Economic Corridor; the Bangladesh, China, India, and Myanmar Economic Corridor; the Maritime Silk Road initiative; and the Trans-Himalayan Economic Corridor. It underscores both opportunity and challenges promised by the economic corridors, discussing the socio-economic, environmental, security and political concerns from various stakeholders, while taking into account the rise of India and China as strong states and markets. This study also highlights the importance of upgrading India's infrastructure to promote connectivity to connect the region's economies.

Author: K. Yhome and Rajeev Ranjan Chaturvedy, eds.
Year: 2017
Download - 2.42 MB
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Asian Development Outlook 2017: Transcending the Middle-Income Challenge

The Asian Development Outlook 2017 forecasts 5.7% growth for developing Asia in 2017 and 2018, and 7% and 7.2% for South Asia in 2017 and 2018. Resumption of growth in South Asia follows the brief slowdown in 2016 due to decline in fixed investment and impact of demonitization on trade and commerce. Growth in India is forecast at 7.4% in fiscal 2017 and 7.6% in 2018. In Bhutan, growth is expected to accelerate to 8.2% in 2017, with expanded investment in hydropower for export, and added capacity in electricity generation. Nepal's growth is expected to revive to 5.6% in 2017 with increased post-earthquake reconstruction and more reliable electricity.

Author: Asian Development Bank
Year: 2017
Download - 6.36 MB
Tags:  ADBIndiaBhutanNepalSouth Asia

 


Trade and the Post-2015 Development Agenda

Trade and services are instrumental in achieving the Sustainable Development Goals. While openness to trade improves economic growth prospects, sound trade policy and efforts to reduce the costs of trade are necessary to bridge the link between trade growth and poverty reduction. For low income countries, there is still great scope to leverage trade for development, and pursue better access to a products and services to improve welfare, which can significantly contribute to economic development. In keeping with the post-2015 development agenda, this paper recommends sustained efforts by governments to reduce trade costs, support policy reforms to improve services trade, and focus on trade cost reduction and services trade facilitation.

Author: Bernard Hoekman
Year: 2017
Download - 2.24 MB
Tags:  Trade FacilitationServicesSustainable DevelopmentPoverty ReductionADB

 


Trade Intelligence for the Private Sector Vol 17 – Towards a Robust National Trade Policy

This paper provides an overview of the Ceylon Chamber of Commerce's (CCC) comments on the draft national trade policy for Sri Lanka prepared by Sri Lanka's Ministry of Development Strategies and International Trade. CCC's review focuses on ten key issues—trade liberalization; multilateral trading agreements, global value chains, global production networks; revenue considerations; innovation and technology upgrades; institutional reforms; regulatory reforms; government support for the private sector; rise of protectionism; digital trade and e-commerce; and future of existing bilateral and regional agreements. The Chamber puts forward that alongside a refocusing of Sri Lanka's trade policies toward international trade, new trade policy should tackle issues that arose from the current framework and be aligned with policies and institutions. It highlights the need for a forward thinking national trade policy that will improve Sri Lanka's competitiveness, and encompass interests of today's private sector as well as tomorrow's businesses and entrepreneurs.

Author: CCC Economic Intelligence Unit
Year: 2017
Download - 252 KB
Tags:  Sri LankaEconomic GrowthTrade

 


Facilitate Trade for Development: Aid for Trade

The Aid for Trade program has been providing support to developing economies in tackling obstacles to growth through better facilitation of trade in the last 10 years. Since its launch in 2006, a total of $308 billion has been disbursed to finance aid-for-trade programs and projects, which are working to reduce trade and transport costs, promote trade expansion, and achieve economic and social objectives. As high trade costs persist in keeping developing countries from fully exploiting their trade and development potential, the Aid for Trade program remains highly relevant, and will help developing economies, including landlocked and small and vulnerable economies, achieve the 2030 Agenda for Sustainable Development.

Author: William Hynes and Frans Lammersen
Year: 2017
Download - 3.92 MB
Tags:  TradeDevelopmentAid for TradeTrade FacilitationTransportBangladeshBhutanMyanmarNepalLeast Developed Countries

 


Development of East Coast Economic Corridor and Vizag-Chennai Industrial Corridor

The East Coast Economic Corridor (ECEC)—India’s first coastal corridor—is an integrated economic development initiative that is expected to help pursue industrialization and integrate domestic companies into the global value chains of Southeast Asia and East Asia. Its development will start with Vizag–Chennai Industrial Corridor (VCIC), which covers about 800 kilometers and includes several ports and major industrial centers. This paper discusses strategies to consider when trying to improve shipping and air connectivity in the ECEC and Vizag–Chennai Industrial Corridor (VCIC). It stresses the importance of infrastructure development and regulatory reforms that facilitate increased connectivity.

Author: Pritam Banerjee
Year: 2017
Download - 682 KB
Tags:  BangladeshConnectivityEconomic CorridorIndiaInfrastructureRegional IntegrationTrade FacilitationTransportDevelopment

 


The Asia-Pacific Trade Agreement: Promoting South-South Regional Integration and Sustainable Development

As countries begin to depend on more each other, trade policy is helping achieve inclusive and sustainable development. Trade and investment are linked to the environment and social issues, and countries now realize that cooperation is necessary in approaching global and regional problems. The Asia-Pacific Trade Agreement (APTA), the oldest preferential trade agreement in the region, helps promote economic development and the adoption of mutually beneficial trade measures. This book gives an overview of the APTA and outlines potential benefits and challenges for members new to the APTA. The book details a possible road map for APTA and suggests that APTA move from the conventional preferential agreement to a comprehensive economic integration agreement by converting to FTAs in goods, services, investment, trade facilitation and non-tariff measures.

Author: Joong-Wan Cho and Rajan Sudesh Ratna (editors)
Year: 2017
Download - 11.5 MB
Tags:  Asia-Pacific Trade AgreementBangladeshIndiaSri LankaRegional IntegrationSustainabilityUNESCAP

 


Renewable Energy Sector in Emerging Asia: Development and Policies (TIID Working Paper No. 1/2017)

Rapid economic growth in emerging Asia has led to a critical increase of greenhouse gas emissions. Transitioning to renewable energy sources would help reduce emissions. However, massive investment is needed to make that transition. According to this paper, targeted policy interventions are needed to facilitate trade and investment in the renewable energy sector and create “green jobs” in the low-carbon and resource-efficient sectors.

Author: Masato Abe, Candice Lea Marie Branchoux, Jaewon Kim
Year: 2017
Download - 664 KB
Tags:  BangladeshEnergyGovernanceHydropowerEmploymentIndiaMyanmarSustainabilityUNESCAP

 


Meeting Asia's Infrastructure Needs

This report estimates infrastructure investment needs in Asia and the Pacific for 2016-2030, updating the Asian Development Bank's assessment for 2010-2020 published in 2009. The report places developing Asia's investment needs at $26 trillion to maintain its growth momentum, eradicate poverty, and respond to climate change. While developing Asia's infrastructure, including its transport network and electricity generation capacity, has improved significantly over the years, it remains far from adequate – lack of reliable power supply continues to constrain economic growth and traffic congestion results in lost productivity, wasted fuel, and human stress. The report recommends $14.7 trillion investment for power and $8.4 trillion for transport. South Asia requires investments valued at 8.8% of gross domestic product.

Author: Asian Development Bank
Year: 2017
Download - 3.11 MB
Tags:  AsiaSouth AsiaEnergyTransportBangladeshBhutanADBIndiaMaldivesMyanmarSri LankaNepal

 


Customs Reform and Modernization Strategies and Action Plan 2017-2021

The Customs Reform and Modernization Strategies and Action Plan 2017-2021 of the Nepal Department of Customs (DOC) aims to serve as a blueprint of Customs reform for the next four years, with a vision to support Nepal's initiatives toward economic and social prosperity. With Nepal seeing continuous increase of cross-border trade over the last decades, this Plan is being implemented to align Nepal toward international standards. It outlines the DOC's vision, mission, guiding principles, as well as strategies, such as expediting legitimate trade facilitation and enhancing Customs automation and data management, to create a conducive environment for seamless movement of cargo traffic to and from the borders, and help in lowering transaction costs through greater transport facilitation.

Author: Nepal Department of Customs
Year: 2017
Download - 4.31 MB
Tags:  CustomsCustoms ValuationNepalTrade FacilitationImportExportTradeRevised Kyoto Convention

 


Time Release Study: Mechi and Biratnagar Customs 2017

Time Release Study is a special tool developed by the World Customs Organization to measure effectiveness of operational procedures carried out by Customs, other regulatory agencies and private sector stakeholders in the standard processing of imports, exports, cross border and transit movements. A key activity identified in Nepal's Customs Reform and Modernization Strategies and Action Plan 2013-2017, it identifies the average time taken for clearance of consignments from entry to exit in the Customs area, enabling possible corrective measures to improve performance. This Study was undertaken to support trade facilitation measures being introduced by the Nepal Department of Customs to reduce bottlenecks to faster Customs clearance, and promote seamless movement of cargo traffic to and from the Country.

Author: Nepal Department of Customs TRS Working Group
Year: 2017
Download - 3.24 MB
Tags:  Trade FacilitationTime Release StudyImportExportTradeNepalWCO

 


Changing Patterns of Trade and Global Value Chains in Postcrisis Asia

This Asian Development Bank brief examines how patterns of trade and global value chains (GVCs) in developing Asia have changed since the global financial crisis. The paper reports that export slowdown in the region was caused by a combination of weak import demand for Asian goods in advanced economy markets, structural transformation and reduced import demand in the People’s Republic of China, and possible impact of increasing non-tariff measures. According to this paper, it further states that much of the weak import demand is likely to be temporary — developing Asia gained a 1.5% increase in exports in 2016, after a 0.8% decline in 2015. Among South Asian economies, India and Sri Lanka are expected to have better export volume growth in 2016.

Author: Ganeshan Wignaraja, Juzhong Zhuang, Mahinthan J. Mariasingham, and Madeline Dumaua-Cabauatan
Year: 2017
Download - 1.39 MB
Tags:  Global Value ChainsImportExportIndiaSri LankaNon-Tariff MeasuresTrade Facilitation

 


Time, Uncertainty, and Trade Flows

This paper assesses the impact of international transit time and time-related uncertainty on bilateral trade, including their impact on trade costs. It concludes that international transit time matters primarily for South-South trade, while uncertainty is more important for North-North trade. Both factors are confirmed to be statistically and economically significant determinants of bilateral trade, including global value chains, and strengthens the ground on the emerging policy emphasis to address the overall costs faced by supply chain operators, including costs linked to uncertainty.

Author: Jose Anson, Jean-Francois Arvis, Mauro Boffa, Matthias Helble, and Benjamin Shepherd
Year: 2017
Download - 1.76 MB
Tags:  TradeTrade FacilitationTransportSouth-South Trade

 


Accumulating Trade Costs and Competitiveness in Global Value Chains

This paper examines the implications of trade costs, including applied tariffs, transportation and insurance costs, on competitiveness at industry, national and global levels, and identifies where trade facilitation investment would have the highest social returns from the perspective of global value chains (GVCs). With trade costs amplified along GVCs, profitability of individual business operations are affected by incurred transaction expenses. The authors conclude that direct benefits of trade facilitation will be higher for countries that are not yet well integrated into international trade, but key traders who are at the core of GVCs also stand to gain much.

Author: Antonia Diakantoni, Hubert Escaith, Michael Roberts and Thomas Verbeet
Year: 2017
Download - 2.40 MB
Tags:  TradeTariffTransportTrade FacilitationGlobal Value Chains

 


South Asia’s Turn: Policies to Boost Competitiveness and Create the Next Export Powerhouse

Will South Asia become the next global factory? By 2030 more than a quarter of the world’s working adults will live in South Asia. As the work force ages and labor costs rise in China and other East Asian countries, many eyes turn to South Asia. According to this report, to realize the region’s potential, countries in South Asia should increase regional and global integration, take advantage of agglomeration economies, strengthen firm capabilities, and improve the business environment.

Author: Gladys Lopez‐Acevedo, Denis Medvedev, and Vincent Palmade
Year: 2017
Download - 11.4 MB
Tags:  BangladeshIndiaRegional IntegrationSouth AsiaTradeWB

 


Doing Business 2017: Equal Opportunity for All

Governments including that of India have relied on Doing Business to provide insights into good practices worldwide. Doing Business 2017: Equal Opportunity for All presents quantitative indicators on business regulations that can be compared across 190 economies. It shows how South Asia can work to improve certain areas, including removing restrictions on women’s right to work. It also shows how South Asia has been the most successful region in terms of trading across borders. Bhutan, with a global ranking of 73, ranks highest among South Asian countries.

Author: World Bank Group
Year: 2017
Download - 9.5 MB
Tags:  Trade FacilitationEase of Doing BusinessTransport

 
Returned 35 publications