TY - GEN AU - Sehgal, Sanjay AU - Wasim Ahmad AU - Pandey, Piyush AU - Saini, Sakshi TI - Economic and financial intergration in South Asia: contemporary perspective SN - 9780367775704 U1 - 337.154 PY - 2021/// CY - London PB - Routledge KW - South Asia--Economic conditions--21st century KW - South Asia--Economic integration KW - Economic development--South Asia KW - International economic integration--South Asia N1 - Economic development--South Asia. South Asia--Economic integration. ; Cover -- Half Title -- Title Page -- Copyright Page -- Table of Contents -- List of Figures -- List of Tables -- Notes on Contributors -- Preface -- Acknowledgements -- List of Abbreviations -- Introduction -- 1 South Asian Integration: An Overview -- 2 Economic and Financial Integration In the South Asian Region: A Survey -- 3 On the Determinants of Economic Integration in Saarc Countries: A Macroeconomic Perspective -- 4 Factors Influencing the Saarc's Bilateral Trade : Evidence from Spatial Econometrics Models 5 Understanding the Business and Financial Cycles' Interdependence in Saarc Countries -- 6 Dynamics of Stock Market Integration in the South Asian Region -- 7 Interdependencies Amongst Short- and Long-Term Debt Markets of South Asia -- 8 Currency Linkages Across the South Asian Economies -- 9 Banking System Integration in South Asia -- 10 Role of China in South Asian Financial Integration -- Appendix A: Spatial Econometric Model -- Appendix B: Diebold & Yilmaz Methodology -- Appendix C: Copula Models for Dependence -- References -- Index LC Subjects South Asia--Economic conditions--21st century. N2 - This book analyses the current state and potential of economic and financial integration in South Asia, which has emerged as one of the most dynamic regions of the world. It looks at how regional convergences and cooperation would reinforce ties amongst the diverse economies of South Asia in the changing global economic landscape. Drawing on empirical research, the book looks at the degree of economic and financial integration in South Asia, which according to the World Bank includes the least integrated regions in the world, and explores the fundamental factors that drive integration amongst these countries. It offers important insights into the financial landscape of the region, as well as the dynamics of the interlinkages in the banking system, the stock markets, and the debt markets. The book examines the role of bilateral trade in augmenting regional economic ties, the opportunities for growth these will foster, and the major challenges and roadblocks for the leaders of the region. It also provides an overview of China’s role in South Asia’s financial integration and the interdependence of these economies for economic opportunities, macroeconomic and financial stability, jobs, sustainable growth, and inclusive development. Detailed and insightful, this book will be of great interest to investors and regional policymakers. It will also be of interest to researchers and students of economics, public and foreign policy, finance, international relations, and South Asia studies ER -