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India, a Financial Sector for the Twenty-first Century
  • Language: en
  • Pages: 446

India, a Financial Sector for the Twenty-first Century

This collection focuses on policy and institutional reforms in banking, finance and capital markets in India, and provides international comparisons.

Playing to Strengths
  • Language: en
  • Pages: 105

Playing to Strengths

It is widely agreed that, over the past decade, accelerating infrastructure investments in India's North Eastern Region (NER) and neighboring countries, along with connectivity agreements with Bangladesh, hold immense promise for unlocking NER's economic potential. Other global trends, such as the growing incomes and consumer awareness in India and neighboring countries; a rising preference for fresh, healthy, safe, environmentally friendly, and socially responsible products; the growing role of services in manufacturing; and increasing demand for skilled resources are also very favorable for NER. Together, these developments can help NER showcase its strengths in agriculture and services, t...

A Glass Half Full
  • Language: en
  • Pages: 250

A Glass Half Full

Trade has played a critical role in global poverty reduction. In harnessing the potential of trade, some of the most successful countries have developed strong trade relationships with their neighbors. However, many South Asian countries have trade regimes that often offset the positive impact of geography and proximity. This report documents systematically the gaps between current and potential trade in South Asia and addresses important specific barriers that have held trade back. These barriers include tariffs and paratariffs, real and perceived nontariff barriers, connectivity costs, and the broader trust deficit. This policy-focused report unpacks these critical barriers to effective tr...

Slip, Stitch and Stumble
  • Language: en
  • Pages: 285

Slip, Stitch and Stumble

Manmohan Singh’s speech of 1991 changed the trajectory of the Indian economy, especially its financial sector. His budget measures infused the Indian financial sector with a competitive element, sketching out a roadmap for it that promised a somewhat level playing field for both the state-owned and private financial intermediaries. But why these reforms? What were the motivations behind these reforms? This book answers these and many other such questions and focuses on the trajectory of financial sector reforms in India, given that they became the foundational basis for many other economic reforms. The strategy behind the financial sector reforms, and their design and structure, thus, had ...

Routledge Handbook of the International Relations of South Asia
  • Language: en
  • Pages: 656

Routledge Handbook of the International Relations of South Asia

This handbook offers a comprehensive overview of the international relations of South Asia. South Asia as a region is increasingly assuming greater significance in global politics for a host of compelling reasons. This volume offers the most comprehensive collection of perspectives on the international politics of South Asia, and it it covers an extensive range of issues spanning from inter-state wars to migration in the region. Each contribution provides a careful discussion of the four major theoretical approaches to the study of international politics: Realism, Constructivism, Liberalism, and Critical Theory. In turn, the chapters discuss the relevance of each approach to the issue area a...

Free Trade Agreements
  • Language: en
  • Pages: 417

Free Trade Agreements

A Free Trade Agreement (FTA) is an agreement between two or more countries where the countries agree on certain terms and conditions that affect trade between them. There are more than 350 FTAs worldwide today. In the last two decades these agreements significantly expanded in scope, covering not only market access but also behind-the-border policy issues going far beyond WTO rules. Mega regional FTAs like Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and Regional Comprehensive Economic Partnership (RCEP) are coming into play. Developed countries are also establishing their own templates for FTA-making. This book is intended to bring about a greater level of u...

South Asian Regionalism
  • Language: en
  • Pages: 250

South Asian Regionalism

Leading South Asia expert Bhumitra Chakma explains the politics of regionalism in South Asia and traces the origins and evolution of the South Asian Association for Regional Cooperation (SAARC) from its inception to the present day. He takes an International Relations perspective and engages three major IR theoretical approaches – neorealism, institutionalism and constructivism – to explain the complex dynamics of South Asian regionalism. Using comparative perspectives based on the experiences of similar regional organizations, the author provides an in-depth analysis of the challenges of cooperation in the region and explores how progress might be made in the future.

Export Incentives
  • Language: en
  • Pages: 38

Export Incentives

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Unleashing E-Commerce for South Asian Integration
  • Language: en
  • Pages: 87

Unleashing E-Commerce for South Asian Integration

This report is part of a broader work program on shaping a more positive narrative on regional integration in South Asia. It is a follow-up to a recent flagship report published by the South Asia Region of the World Bank, A Glass Half Full: The Promise of Regional Trade in South Asia. E-commerce is dramatically changing the way goods and services are transacted nationally, regionally, and globally. It facilitates international trade by reducing the cost of distance and remoteness and can be more inclusive of underrepresented groups such as women, small businesses, and rural entrepreneurs. Intraregional trade in South Asia is still below its potential, and the region lags behind other parts o...

Turmoil in Latin America and the Caribbean
  • Language: en
  • Pages: 64

Turmoil in Latin America and the Caribbean

This report analyzes potential spillover effects of the Argentine crisis to other Latin American countries and examines the impact of the crisis on foreign direct investment flows. On a country by country basis, the paper also assesses the importance of trade and financial linkages for spreading the effects of financial crises in the region.