B&ESI
BUSINESS & ECONOMICS SOCIETY INTERNATIONAL
Event:
International Conference-January 2013
Segment
Round Table
Topic:
GEO Politics: SAARC Rejuvenation: Economic Implications
Presentation by
Prof. Dr. Khawaja Amjad Saeed
Professor Emeritus & Founder Principal, Hailey College of Banking & Finance, University of the Punjab, Lahore
Pakistan (2003----), Member Governing Council, International Federation of Accountants (IFAC), New York (19972000), President, South Asian Federation of Accountants (SAFA) (1997), President, Institute of Cost and Management
Accountants of Pakistan (1997-2000), President, Association of Management Development Institutions of South Asia
(AMDISA) (1993-96), Pro Vice-Chancellor University of the Punjab, Lahore (1994-1996), Founder Director, Institute of
Business Administration (IBA), University of the Punjab, Lahore (1973-1996), Senior Faculty Member, Hailey College of
Commerce, University of the Punjab, Lahore (1965-73) and senior Faculty Member, Hailey College of Commerce,
University of the Punjab, Lahore-Pakistan. Earlier he had eight years experience in corporate world (1958-65). Email:
kamjadsaeed@yahoo.com
1
PRESENTATION FRAME
1.
2.
Prelude
Constituents:
Part A:
Part B:
Part C:
Global Trade Leader and Regional Blocks
Performance
SAARC Review
Suggested Future Directions
2
1. PRELUDE
1.
Changing World
2.
Rise of Regional Blocks
3.
SAARC Position
4.
Happy Sign
3
2. CONSTITUENTS
Part A:
Global Trade Leaders and Regional Blocks
Part B:
SAARC Review
Part C:
Suggested Future Directions
4
PART A: GLOBAL TRADE LEADERS AND REGIONAL
BOCKS PERFORMANCE
1. Global Trade Leaders:
12
Names
Global Share

Exports

Imports
2. Trade Blocks in the World:
APEC
EU
NAFTA
ASEAN
SAARC
59%
60%
5
PART A: GLOBAL TRADE LEADERS AND REGIONAL
BOCKS PERFORMANCE
3. G-8
-
Names
Share

Exports

Imports
39%
37%
4. NAFTA
Countries (3)
Exports Share
12.89%
Imports Share
17.47%
5. D-8
Countries (8)
Share Exports
4.52%
6. Globalized Mercantile Trade and SAARC Trade
Exports
1.63%
Imports
2.55%
Potential
6
PART B: SAARC REVIEW
1. Constituents of SAARC:
8 countries
Population
1.56 billion

22% of the world.
2. Unique Features of SAARC:
Versatile area
Largest irrigated area
Largest English speaking population
Ancient living civilization
Second largest railway network
450 labour force
750 consumer base
Sleeping giant
Maturing into economic force
7
PART B: SAARC REVIEW
3. Population of SAARC :
22% work
India: 75 of SAARC
4. Poverty Dimension of SAARC:
GINI Index
Highest: 65.8% Seychelles
Lowest: 24.7% Denmark
SAARC Position

Lowest: 31% Bangladesh

Highest: 47.3 Nepal
5. SAARC Market Capitalization
Global Share 3.70%
6. SAARC Share of FDI
Global Share 3.28%
8
PART B: SAARC REVIEW
7. SAARC Principles:
Four

Sovereignty

Terri tonal Integrally

Political Independence

Non-Interference
8. Major Miles Stones:
1977-Idea hit
1983-SAARC conceived
1985-SAARC charter
1995-SAPTA
SAFTA
2012-Pakistan-India Management Summit
9
PART B: SAARC REVIEW
9. SAARC Objectives:
Inter-SAARC:

Welfare of people

Economic growth

Areas:

Economic

Social

Cultural

Technical & Scientific Field

Self Reliance

Mutual Trust

Intra-SAARC:

Cooperation in International forum

Cooperation with other developing countries

Cooperation with international and regional
organization
10
PART B: SAARC REVIEW
10. Institutions of SAARC
Regional:

Agriculture

Documentation
Funds:

Regional Funds

Japan Special

SA Development Fund
Track-2
11. Work Packages (10)
India (4)

Business Information

HRD

S&T

Social Dimension of Business
11
PART B: SAARC REVIEW
11. Work Packages (10)
Pakistan (2)

Trade

Investment
Sri Lanka (1)

Women Entrepreneurship
Bangladesh (1)

Telecommunication
Nepal (1)

Travel and Tourism
Bhutan (1)

Energy
Nepal (1)

12
PART B: SAARC REVIEW
12. SAARC Chamber of Commerce & Industry
Set up in 1992 in Pakistan
Official Apex Body Objectives:

Voice of Business country

Economic Cooperation

Joint Ventures

Private Sector Encouragement
13
PART C: SUGGESTED FUTURE DIMENSIONS
1. Pre requites for Break Through in SAARC:
Political
Economic and Social Dimensions
Technology
Institutional Framework
2. Expected Outcomes:
Poverty Eradication
Population Stabilization
Empowerment of Women
Youth Mobilization
HR Mobilization
Promotion of Health
14