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Challenges and Potential of Saarc in Comparison with Asean

Bibliographic Data

ID19539707
AuthorsDeepak Chaudhary (0000-0002-2233-8438, Tribhuvan University, corresponding author)
Year2022
Volume22
Issue2
Pages107-121
Publication date2022-12-15
Open AccessYes
TypeARTICLE
VenueSoutheast Asia A Multidisciplinary Journal (JOURNAL)
Journal identifiersISSN: 1819-5091 • E-ISSN: 2948-0426
PublisherEmerald (PUBLISHER)
DOI10.1108/seamj-02-2022-b1008
OpenAlexW4378981753
LanguageEN
Citations received3
References cited5

The study compares the socioeconomic development of the South Asian Association of Regional Cooperation (SAARC) to that of the Association of Southeast Asian Nations (ASEAN). SAARC was established on December 8, 1985, as a result of former President Ziaur Rahman's efforts to promote the welfare of the people and mutual trust. ASEAN was founded in August 1967 with the goal of accelerating the region's economic growth, social progress, and cultural development while also promoting regional peace and stability. The SAARC countries share problems such as poverty and unemployment. SAARC countries have a GDP per capita four times that of ASEAN. A qualitative analysis based on secondary data pertaining to SAARC and ASEAN reveals that SAARC has not been more successful than ASEAN. National and international conflicts are common within SAARC. SAARC has 22% of the world's population and 3% of the world's economy, and there are enormous opportunities for economic growth and human development

China · Development economics · Economic growth · Economics · Geography · Per capita · Political science · Population · Poverty · Sociology · Unemployment · Welfare · Demography · Global Financial Crisis and Policies · Global trade and economics · International Development and Aid

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Citations per year1.5
Citation span2024 - 2025 (2)
Highly citedNo

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