south asia- political and economic region

Research Article
Nitasha Malhotra
DOI: 
http://dx.doi.org/10.24327/ijrsr.20231410.0789
Subject: 
science
KeyWords: 
Regionalization, Regional Development and Cooperation, Conflict and Disputes, Human Development, Strategic Location, Global Economy, Unity in Diversity, Political Economy
Abstract: 

South Asia is a vital economic and political region that encompasses countries such as India, Pakistan, Bangladesh, Nepal, Sri Lanka, Bhutan, and the Maldives. With a population of over 1.8 billion people, South Asia is home to a diverse and vibrant culture, rich history, and vast natural resources. This article highlights the major contribution made by this region to the global economy, with a rapidly growing middle class and a booming service sector. The region is also strategically located, serving as a crucial link between the East and the West. However, it also faces various challenges such as poverty, political instability, and regional conflicts. Nevertheless, South Asia remains a significant player in the global arena, making it a crucial area to watch for economic and political developments