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The recent theories of growth3
highlighted the relation between economic
integration and growth adding the technology factor. Economic integration
brings new opportunities for economies by providing door of entrance to
worldwide pool of technology. The objective of the study is to examine economic
integration among seven SAARC member countries including Pakistan, India,
Bangladesh, Sri Lanka, Nepal, Maldives and Bhutan in comparison with three
NAFTA countries USA, Canada and Mexico; rather this research is an attempt
to combine the existing theory and techniques to get the most on SAARC and
NAFTA countries prospects and their limitations. NAFTA countries are
discussed in this research as a model to follow by SAARC nations. The main
focus of the research is to analyze the structure and relationship of SAARC
countries using the data from published sources. The emphasis is more
exploratory than diagnostic and; therefore, the results are stated so as to let the
reader derive his own conclusions, however essential information of the result is
provided.
Rummana Zaheer. (2011) Comparison between SAARC1 and NAFTA2, Journal of Social Science and Humanities, Volume 50, Issue 2.
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