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6/18/15

South Asia bets on prosperity

Is South Asia beginning to look more like Southeast Asia? If this means an evolution toward a region marked more by shared economic promise than by unending political conflict, then the answer is a qualified yes.

First the good news: Political elites in India, Bangladesh and Sri Lanka are showing an increasing ability to put aside the fraught identity politics that has marred their relations and instead pursue mutually beneficial economic goals.

The bad news: The region’s two largest countries, India and Pakistan, remain at odds with each other. As long as Pakistan’s military continues to dominate the country, the odds of an economic breakthrough between New Delhi and Islamabad remain slim.

The full text of this article is available with a subscription to The Wall Street Journal. It will be posted to AEI.org on Monday, June 22, 2015.



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