Myth of South Asian Economic Integration: An Analysis

Abstract

South Asian Region is currently intertwined with different clashes at the international level;
intended to be an active partner of groups based on economic cooperation. Amid the war on terror,
internal conflicts, regional issues, and communal violence, every state is confronting challenges in
the way to create an economic bloc. Poverty is a single common factor making the lives of millions
of South Asians difficult gradually. The region adds up to almost one-fifth of the world’s population
which is so poor; that two-third of it consists of a community that has no chance for quality
education and health. South Asian regional integration was designed as the European Integration
model to yield long-term benefits. South Asian leadership had a vision of utilizing cooperation as
evidence for the growth, progression, and economic uplifting of society. This has not been so fruitful
as it was thought. Evidence is collected from various studies and comparative analysis.