Chapter 1
* This study received financial assistance from the UGC ASIHSS Program (Field Trip Grant 2004–05) of the Department of International Relations, Jadavpur University.
1. A look into export-import figures, both intra-regional and international, reveals the increasing significance of international trade for South Asia. Yet, in a comparative sense, the opening up of South Asia still remains insignificant where many other developing regions are concerned. There is therefore little economic impact of the process thus far at the sub-regional level.
2. Viewed in this way, I agree with the perspective that strong regionalism and strong globalization are not incongruent or contradictory; in fact, the imperatives of the latter generate tendencies ...
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