Column Beggar thy neighbour

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: than its neighbours to reform its domestic economy. As the largest country in the region, it must take the initiative to liberalise regional barriers to trade and investment. Unilateral liberalisation with Saarc countries is in India’s economic interest. Also, some of the region’s most vexed political problems, often based on economic isolation or deprivation—including Kashmir and the Tamil Eelam—can be solved using economic initiatives. South Asia needs to urgently awake to the great economic promise of this otherwise impoverished region.