Abstract
The purpose of this research paper is to conduct a comparative study of the
ASEAN and SAARC to highlight the prospects of regionalism in South
Asian and South East Asian region. The socio-political hindrance in the
economic development of South Asia is one of the major failures of SAARC.
ASEAN illustrate an ideal example for the South Asia to acquire economic
liberalization and regional stability. People-oriented approach of ASEAN
member states pave the way for socio-economic development in South East
Asia. Likewise, South Asian states would strive for socio-political stability
by following people oriented approach and economic liberalization in the
South Asian region. On the other hand, the increasing ties between
ASEAN member states and SAARC would be a better opportunity for
South Asian states to develop a stable regional environment.
Rahila Asfa, Dr. Mughees Ahmed. (2015) PROSPECTS OF REGIONALISM: COMPARATIVE ANALYSIS OF SAARC AND ASEAN, Asia Pacific, Vol-33, Issue 1.
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