Question

Examine the success of regional cooperation in South Asia.​

Answer 1

South Asia is one of the emerging economies and most dynamic regions of the world. It is home to almost 20 percent of the world’s population, including 40 percent of the world’s poor; yet it accounts for only three percent of the global Gross Domestic Product (GDP) and less than two percent of world trade. Despite the geographical proximity shared by South Asian countries, intra-regional trade (two percent approx.) is abysmally low. As these countries shares a common history, culture and preferences, the region has huge potential for economic cooperation, but because of political tensions and mistrust, efforts at regional inclusiveness and integration have been in the lurch. Rise in internal conflicts, political mistrust between neighboring countries, low connectivity, and substantial trade barriers will continue to weaken South Asia’s regional integration efforts as well as its identity as a region. Removal and harmonization of all such problems is of high importance for a remarkable South Asia.

Answer 2

Answer:

South Asia is one of the emerging economies and most dynamic regions of the world. It is home to almost 20 percent of the world’s population, including 40 percent of the world’s poor; yet it accounts for only three percent of the global Gross Domestic Product (GDP) and less than two percent of world trade.

Despite the geographical proximity shared by South Asian countries, intra-regional trade (two percent approx.) is abysmally low. As these countries shares a common history, culture and preferences, the region has huge potential for economic cooperation, but because of political tensions and mistrust, efforts at regional inclusiveness and integration have been in the lurch. Rise in internal conflicts, political mistrust between neighboring countries, low connectivity, and substantial trade barriers will continue to weaken South Asia’s regional integration efforts as well as its identity as a region.

Removal and harmonization of all such problems is of high importance for a remarkable South Asia.

Explanation:

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