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Quantification of Benefits from Economic Cooperation in South Asia

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ISBN: 0230-63637-3
Publication Date: December 2008
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This report provides a thorough and comprehensive account of the impact of the South Asia Free Trade Agreement (SAFTA) on the region as a whole, on individual countries in the region, and on specific sectors within countries. This Report was prepared under Asian Development Bank's Technical Assistance TA 4780: Knowledge Management and Capacity Building and UNCTAD-MOIC-DFID project on "Strategies and Preparedness for Trade and Globalisation in India".

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Contents

  • Preface
  • Executive Summary
  • PART I: Benefits from Trade, Investment and Transport Facilitation
    1. Introduction
    2. Literature Review and Rationale for SAFTA
    3. Competitiveness and Complementarities
    4. Effective Additional Market Access under SAFTA: Countrywise Analysis
    5. Estimation of Potential Trade under SAFTA with the Gravity Model
    6. Impact of SAFTA on Member Countries: General Equilibrium Analysis
    7. Revenue and Welfare Implications of SAFTA: Partial Equilibrium Analysis
    8. Impact of SAFTA on Inward and Outward Foreign Direct Investments
    9. Quantification of Benefits from Transport and Trade Facilitation in South Asia
  • PART II: Benefits from Deepening Integration: Trade in Services
    1. Trade in Services and South Asia: An Overview
    2. Construction and Related Engineering Services
    3. Tourism and Travel Related Services
    4. Higher Education Services
    5. Health and Related Services
    6. Prospects for the Telecommunication Sector under SAFTA
    7. Cross-Cutting Issues and Conclusion
    8. Way Forward in SAFTA
  • Appendices