Opening Up Markets to Neighbors : Gains for Smaller Countries in South Asia

The South Asia Free Trade Area (SAFTA) came into effect in 2006, but free and unfettered trade is still a work in progress. Drawing from theory and evidence, this note looks at how all countries, especially the smaller ones, can gain from mutual trade liberalization. Consumers, exporters, and produc...

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Bibliographic Details
Main Authors:	Kathuria, Sanjay, Shahid, Sohaib
Format:	Brief
Language:	en_US
Published:	World Bank, Washington, DC 2015
Subjects:	apparel apparel exports bilateral Free Trade Agreement Bilateral trade capital markets Common Market competitiveness consumer goods Consumers cost reduction cross-border issues Currency customs customs union decision making developed countries Development Economics economic cooperation export growth export markets export products exporters exports Federal Reserve Federal Reserve Bank foreign capital foreign competition foreign direct investment Free Trade free trade agreements Free Trade Area free trade zones GDP growth rate impact of trade impact of trade reforms import tariffs imports industry trade International economics international telecommunications LDCs manufacturing industries Market size mutual trade new markets new products non-tariff barriers per capita income policy makers Policy Research political economy productivity productivity growth protectionist real income regional integration small countries small country small economies sourcing sunset clauses tariff barriers tariff concessions tariff reduction Trade Agreement trade barriers trade concessions trade liberalization trade openness trade patterns trade policy trade reform trade reforms unemployment unilateral tariff reduction value added welfare loss
Online Access:	http://hdl.handle.net/10986/21407

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http://hdl.handle.net/10986/21407

Opening Up Markets to Neighbors : Gains for Smaller Countries in South Asia

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