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What is SAARC

Handbook of Research on Economic, Financial, and Industrial Impacts on Infrastructure Development
It is the abbreviated form of South Asian Association for Regional Cooperation is regional intergovernmental organization and geopolitical union in South Asia with the member states include Afghanistan, Bangladesh, Bhutan, India, Nepal, the Maldives, Pakistan and Sri Lanka.
Published in Chapter:
Infrastructural Development: An Engine of Growth – An Empirical Study in SAARC Countries
Maniklal Adhikary (The University of Burdwan, India) and Melisha Khatun (The University of Burdwan, India)
DOI: 10.4018/978-1-5225-2361-1.ch001
Abstract
Development of infrastructure industries is essential to enhance the growth of a developing country. The present chapter attempts to examine the impact of infrastructure on Gross Domestic Product and Per Capita Gross Domestic Product of six SAARC countries from the period 1990-91 to 2013-14. The model is mis-specified whenever we have used the restricted panel data model. We have derived the results by employing the unrestricted panel data model. Impact of road, internet users and total electricity production on the level of GDP as well as on the level of PCGDP is highest for India among the all SAARC countries. India has also the highest rate of growth of GDP over the entire period. Rate of growth of PCGDP is highest for Sri Lanka followed by India.
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The Global Aspirations of the European Union and Dealing With Regional Conflicts
This stands for South Asian Association for Regional Cooperation, and its member states include Afghanistan, Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan, and Sri Lanka. It is an intergovernmental organisation created to encourage South Asian regionalism for a cooperation and development [Source: https://www.sadf.eu/focus-76-saarcs-dysfunctionality-and-chinas-foot-at-south-asias-door/ ].
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Defense Expenditure and Its Impact on Health in the SAARC Countries
It is the abbreviated form of South Asian Association for Regional Cooperation is regional inter-governmental organization and geopolitical union in South Asia with the member states include Afghanistan, Bangladesh, Bhutan, India, Nepal, the Maldives, Pakistan, and Sri Lanka.
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Role of SAARC in Convergence of South Asian Economies
The South Asian Association for Regional Cooperation (SAARC) is an economic and geopolitical organization of eight countries including India, Pakistan and Sri Lanka that are primarily located in South Asia or the Indian subcontinent. The SAARC Secretariat is based in Kathmandu, Nepal.
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Energy Security and Economic Growth in South Asia: An Alternative Policy Option
South Asian Association for Regional Cooperation (SAARC) was formed in 1985 looking at greater regional cooperation among the South Asian States. Primarily there were seven states, namely, India, Bangladesh, Pakistan, Nepal, Sri Lanka, Bhutan, and Maldives. Afghanistan is the new member of SAARC. Now total number of members is eight.
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Medical, Pharmaceutical, and Healthcare Trade Relationships Between Australia and South Asian Nations
The South Asian Association for Regional Cooperation (SAARC) is an economic and political organization of eight countries in South Asia. It was established in 1985 when the Heads of State of Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka formally adopted the charter. What is the main purpose of SAARC? The main objectives of SAARC are to place regional cooperation on a firm foundation, accelerate the pace of social and economic development of the countries, and further the cause of peace, progress, and stability in the region.
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Review of Post-COVID-19 Tourism Marketing Partnership Opportunities Between Australia and Pakistan
South Asian Association of Regional Cooperation includes seven countries: Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan, and Sri Lanka. SAARC was established in Kathmandu, Nepal, on 16 January 1987, and was inaugurated by King Birendra Bir Bikram Shah of Nepal.
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