Economic Integration in South Asia

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Learning from Reforms in Agrarian Structures and Prospects of Cooperation in Agriculture in South Asia

All the South Asian countries remain primarily agrarian economies in spite of the fact that the contribution of agriculture to the GDPs of these countries has been gradually decreasing through time. But considering the fact that substantial proportions of economic activities in all these countries still remain outside the realm of market relations and, therefore, are not evaluated properly in their GDPs, one can easily understand that the importance of agriculture is liable to be seriously undermined and under-evaluated if one tries to represent such importance mainly through the GDP approach. Such under-evaluation cannot be avoided because ...