INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
One of the most significant trends in international relations in recent years has been the rise of regional trade blocs. Almost every country is a member of a bloc, and many are members of many blocs. Regional accords vary greatly, but they always have the goal of lowering economic barriers between member countries. SAARC was formed with the same objective. To improve the process of economic and social integration in member countries trade promotion became an active area of interest. Focusing on the analysis of South Asia Association of Regional Cooperation (SAARC) trade, the paper attempts to analyse the trends and prospects of trade among SAARC nations through calculating and analysing various integration indices. Services trade performance of SAARC nations has also been analysed which is mostly not taken into consideration in the existing literature. Trade openness has also been analysed among SAARC nations on the basis of the Trade-GDP ratio. A comparative analysis has also been made between intraregional trade in South Asia and certain other regional agreements. The paper concludes its results on the basis of data pertaining to years (1960-2019).
Keywords:
SAARC Trade, Trade openness, Intraregional trade, South Asia, Services trade
Cite Article:
"A study on Trends and Prospects of Trade among SAARC nations", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.7, Issue 4, page no.385-393, April-2022, Available :http://www.ijnrd.org/papers/IJNRD2204045.pdf
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ISSN:
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
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