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Regional cooperation and integration

Potential gains from closer cooperation between South Asia and Southeast Asia

By , , and . Posted March 4, 2015
Potential Gains from Closer Cooperation between South Asia and Southeast Asia
South Asian and Southeast Asian economies have all embraced an outward-oriented development strategy, albeit to different degrees. The result has been an impressive increase in international trade, foreign direct investment (FDI) inflows, and significant productivity improvements, which in turn have contributed to important socio-economic gains. Indeed, some of these economies have delivered among the most striking economic performances in the world.