Regional Cooperation in Industrial Revolution 4.0 and South Asia: Opportunities, Challenges and Way Forward

South Asia Economic Journal Pub Date : 2020-03-01 DOI:10.1177/1391561420908078

A. Mukherjee, D. Satija

引用次数: 1

Abstract

This paper examines the current status of use of Industrial Revolution 4.0 (4th IR) in South Asia and the role and need for regional cooperation to harness the potential and benefits of 4th IR. It examines the development across South Asian countries, their participation in international forums, their level of collaboration and cooperation in technology adaptation and digitalization. Based on secondary data analysis and in-depth meetings with experts, the paper explores the potential of 4th IR in this region and identifies the challenges of South Asian countries. It then presents recommendations on how the South Asian countries can harness the benefits of 4th IR and address their common concerns through collaborations under the South Asian Association for Regional Cooperation (SAARC), so that all member countries can benefit from 4th IR, by leveraging each other’s best practices and comparative advantages. This can help countries in the region to achieve high and inclusive growth and meet their sustainable development goals. JEL: O3, O57, F13

查看原文本刊更多论文

工业革命4.0和南亚地区合作:机遇、挑战和前进方向

本文研究了南亚工业革命4.0(第四次工业革命)的使用现状，以及区域合作的作用和需求，以利用第四次工业革命的潜力和效益。报告考察了南亚各国的发展情况、它们在国际论坛上的参与情况、它们在技术适应和数字化方面的协作和合作水平。基于二手数据分析和与专家的深入会谈，本文探讨了第四次工业革命在该地区的潜力，并确定了南亚国家面临的挑战。然后，报告就南亚国家如何利用第四次工业革命的好处，并通过南亚区域合作联盟(SAARC)的合作解决他们的共同关切提出了建议，以便所有成员国都能通过利用彼此的最佳实践和比较优势，从第四次工业革命中受益。这有助于本地区各国实现包容性高增长，实现可持续发展目标。耶利米书:33,57,13

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文求助全文

来源期刊

South Asia Economic Journal Economics, Econometrics and Finance-Economics, Econometrics and Finance (all)

CiteScore

1.10

自引率

0.00%

发文量

期刊介绍： The South Asian nations have progressively liberalized their economies in recent years in an effort to integrate with the world economy. They have also taken steps to enhance multilateral and regional economic integration. Even though the South Asian economies have grown at an average rate of more than 5 per cent over the last few years, roughly 40 per cent of their people still live below the poverty line. Hence, the South Asian region continues to face many challenges of economic and social development. The South Asia Economic Journal (SAEJ) is designed as a forum for informed debate on these issues, which are of vital importance to the people of the region who comprise one-sixth of the world’s population. The peer-reviewed journal is devoted to economic analysis and policy options aimed at promoting cooperation among the countries comprising South Asia. It also discusses South Asia’s position on global economic issues, its relations with other regional groupings and its response to global developments. We also welcome contributions to inter-disciplinary analysis on South Asia. As a refereed journal, SAEJ carries articles by scholars, economic commentators,policy-makers and officials, from both the private and public sectors. Our aim is to create a vibrant research space to explore the multidimensional economic issues of concern to scholars working on South Asia. Among the issues debated in relation to South Asia are: - the implications of global economic trends; - the issues and challenges by WTO; - approaches to industrialization and development; - the role of regional institutions such as the SAARC; - the relationship between SAARC and other regional economic groupings such as ASEAN; - the implications of economic liberalization for trade and investment in the region; - new initiatives that can be launched to enhance economic cooperation among the South Asian countries both on a bilateral and a regional basis.