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Is There Any Potential in Service Trade of South Asia?

Kaur, S., Khorana, S. and Kaur, M., 2020. Is There Any Potential in Service Trade of South Asia? Foreign Trade Review, 55 (3), 402-417.

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DOI: 10.1177/0015732520920469

Abstract

: Like many developing economies, services have emerged as crucial economic activities in South Asia, yet this cannot increase the rapid growth in the intra-trade in the region. To find out the service trade potential in the region, this paper uses revealed comparative advantage indices to assess the comparative advantage and the indicative trade potential of different South Asian countries in various services sub-sectors. The study reveals that there stands complementarities in the trade of services as Pakistan and Sri Lanka have a competitive advantage in Transport Services, while India has a competitive advantage in Computer and Information Services and Other Business Services. In travel services, Maldives and Nepal possess competitiveness while Bangladesh in Government Services. The study reveals that competitive services have not explored the potential yet. India being the most robust economy of the region must provide a pivotal role in making negotiations and commitments under SAARC Agreement on Trade in Services (SATIS) particularly in competitive services.

Item Type:Article
ISSN:0015-7325
Uncontrolled Keywords:Trade; Services; SAARC; Regional Trade Agreements
Group:Faculty of Management
ID Code:34299
Deposited By: Unnamed user with email symplectic@symplectic
Deposited On:15 Jul 2020 09:48
Last Modified:15 Jul 2020 09:48

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