Economic Cooperation: The Emerging Scenario
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Date
2012
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Institute of Policy Studies of Pakistan
Abstract
Considering China continuously increasing importance for the global level, increased
economic cooptation between China and SAARc member countries will be mutually
beneficial, particularly for the South Asia . SAARC's own success in achieving desired
level of regionalism has been limited, and China's involvement can become a catalyst
in this regard. While trade between China and SAARC has been increasing in recent
years, the potential of economic cooptation is much more beyond trade alone.
China's engagement can address some of SAARC's fundamental shortfalls such as
inability to generate funds for crucial projects and no progress towards knowledge and
technology transfers. Regardless of China's full membership of SAARC, its active
involvement in South Asia will continue to grow. - Eds.
Description
Keywords
South Asia, China, SAARC, Economic cooperation