India-Pakistan trade breakthrough?
Indian Minister of Commerce and Industry Anand Sharma and Pakistani Commerce Secretary Zafar Mahmood talk during a meeting in New Delhi on 15 November 2011. Analysts have said the decision to ease trade barriers could open enormous opportunities in sectors such as agriculture, textiles and pharmaceuticals for the two countries. (Photo: AAP)

Author: Mohsin Khan, PIIE, Washington, DC

Why do India and Pakistan trade so little with each other despite the existence of a common history, language and culture, as well as a long common border?

Theory would predict that trade between the two largest economies in South Asia would be much greater than its current level of around US$2 billion per year. Read more…

Stepping up from regional influence to a global role
International Monetary Fund Managing Director Christine Lagarde and Indian Finance Minister Pranab Mukherjee pose for a photo during the G20 meeting of Finance Ministers and Central Bank Governors at the finance ministry in Paris, France, 15 October 2011. (Photo: AAP)

Author: Mohsin Khan, Peterson Institute for Economic Governance

Asia is in a strong position to assert itself in global financial governance.

The remarkable growth of the economies in the region and their integration in global trade and finance bestow upon Asian states considerable potential clout in international forums and institutions. Read more…