Aakar Patel | Can the whole of South Asia work as one to develop itself?
Deccan ChronicleWe like to think India is in some way different from the rest of South Asia, but we’re really not. In 1990, just 32 years ago, Bangladesh’s life expectancy at birth was 56 years and mean years of schooling 3.3 years. The world average was 72 years of life expectancy at birth and 8.6 years of schooling, meaning that with the exception of Sri Lanka, all South Asian nations are below the world average. The World Bank says that intraregional trade between Bangladesh, India and Pakistan accounts for five per cent of our total trade, compared to Southeast Asia, where the number is five times higher. The World Bank says “border challenges mean it is about 20 per cent cheaper for a company in India to trade with Brazil instead of a neighbouring South Asian country” and that the main problem is “a broad trust deficit throughout the region”.
History of this topic
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