South Asia’s Services Trade: Barriers and Prospects for Integration

Services trade has gained significance in the globalized world as the volume and its impacts on growth have increased. South Asian countries are also engaging in exports of services which are vital for their respective economies. However, the regional integration is yet to be promoted as hurdles inc...

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Main Author: Asif Javed
Format: Article
Language:English
Published: Mashhad: Behzad Hassannezhad Kashani 2019-10-01
Series:International Journal of Management, Accounting and Economics
Subjects:
Online Access:https://www.ijmae.com/article_114651_fb0c0c544c46ca6ae6c83babca57e8fa.pdf
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author Asif Javed
author_facet Asif Javed
author_sort Asif Javed
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description Services trade has gained significance in the globalized world as the volume and its impacts on growth have increased. South Asian countries are also engaging in exports of services which are vital for their respective economies. However, the regional integration is yet to be promoted as hurdles including high transportation costs, lack of cross border infrastructure and lack of regional transit existed. For services trade integration, effective utilization of regional platform, easing in movement of professionals and minimizing the investment barriers can be useful measures. South Asian economies have prospects of integration in specific sectors such as tourism and Information and Communication Technology (ICT) which can be used to enhance regional services trade ties.
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spelling doaj.art-0dcd6d34ee444e5b9f2fc3e481dce87c2023-09-07T21:48:21ZengMashhad: Behzad Hassannezhad KashaniInternational Journal of Management, Accounting and Economics2383-21262019-10-01610752760114651South Asia’s Services Trade: Barriers and Prospects for IntegrationAsif Javed0Research Associate, Sustainable Development Policy Institute (SDPI), Islamabad, PakistanServices trade has gained significance in the globalized world as the volume and its impacts on growth have increased. South Asian countries are also engaging in exports of services which are vital for their respective economies. However, the regional integration is yet to be promoted as hurdles including high transportation costs, lack of cross border infrastructure and lack of regional transit existed. For services trade integration, effective utilization of regional platform, easing in movement of professionals and minimizing the investment barriers can be useful measures. South Asian economies have prospects of integration in specific sectors such as tourism and Information and Communication Technology (ICT) which can be used to enhance regional services trade ties.https://www.ijmae.com/article_114651_fb0c0c544c46ca6ae6c83babca57e8fa.pdfservices tradeicttourismregional integrationsaarc
spellingShingle Asif Javed
South Asia’s Services Trade: Barriers and Prospects for Integration
International Journal of Management, Accounting and Economics
services trade
ict
tourism
regional integration
saarc
title South Asia’s Services Trade: Barriers and Prospects for Integration
title_full South Asia’s Services Trade: Barriers and Prospects for Integration
title_fullStr South Asia’s Services Trade: Barriers and Prospects for Integration
title_full_unstemmed South Asia’s Services Trade: Barriers and Prospects for Integration
title_short South Asia’s Services Trade: Barriers and Prospects for Integration
title_sort south asia s services trade barriers and prospects for integration
topic services trade
ict
tourism
regional integration
saarc
url https://www.ijmae.com/article_114651_fb0c0c544c46ca6ae6c83babca57e8fa.pdf
work_keys_str_mv AT asifjaved southasiasservicestradebarriersandprospectsforintegration