What a waste : vimarsana.com
What a waste
What a waste
December 23, 2020
The engine of economic growth in South Asia has sputtered to a halt due to Indian intransigence and lack of vision. A region that was colonized by the British and bilked off a wealth exceeding $45 trillion between 1765 and 1938, as per economist Utsa Patnaik, is still suffering a self-imposed rigor mortis in the fields of trade and economic cooperation.
The thousand pounds guerilla in the room – India – is mostly to be blamed for this waste. According to a Commonwealth International Trade Working Paper, South Asia utilizes only 14 percent of its intra-regional trade potential, with India having the lowest intra-regional trade to total trade percentage of 2.2 percent.
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