1. Intra-Regional Trade Practices in the Period of Covid- 19 Pandemic: A Study on India and Bimstec Countries.
- Author
-
Shervani, N. U. K., Jyotsna, and Rani, Saroj
- Subjects
COVID-19 pandemic ,INTERNATIONAL economic integration ,GRAVITY model (Social sciences) ,CULTURAL history - Abstract
The common history and shared cultural heritage are the backbone of BIMSTEC countries for understanding and respect for each other. In the period of COVID 19 Pandemic like other countries of the world BIMSTEC countries was also initially response to restrict trade, travel and other forms of connectivity. This Paper focuses on socio- economic environment of economic integration on intra- regional trade between India and BIMSTEC countries in the troubled times. The Gravity model shows theoretical justification of intra- regional trade annd applies the generalized gravity model to analyses the India and BIMSTEC trade with its major trading partners. The empirical findings suggest that India and BIMSTEC has positively associated with both intra-regional trades. This paper recommends that goaloriented policies and strong political commitment towards economic integration are needed in the region. [ABSTRACT FROM AUTHOR]
- Published
- 2021