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2018 | OriginalPaper | Buchkapitel

8. Integration with Regional Blocks Through Intra-industry Production Networks: Boosting the Growth Prospects of Northeast India

verfasst von : Ashish Nath

Erschienen in: Mainstreaming the Northeast in India’s Look and Act East Policy

Verlag: Springer Singapore

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Abstract

The economies of South East Asia have become the fastest growing region through a process of mutual cooperation by creating intra-industry production networks for value addition. Given the geographical position of Northeast India, there are opportunities that can be developed to integrate the region into a production network for harnessing the trade potential of relevant products from the region with that of South East Asia. The region is rich in natural resources, minerals and ores, crude oil and natural gas, horticultural products, plantation crops, vegetables, spices, herbs and medicinal plants and enjoys competitive advantage in one or more products. Given the importance of regional trade agreements (RTAs) in enhancing the economy of the Asian economies, there are ample opportunities for NER to become involved in the intra-industry regional production network through its major products for improving its income and employment opportunities.

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Titel: Integration with Regional Blocks Through Intra-industry Production Networks: Boosting the Growth Prospects of Northeast India
verfasst von: Ashish Nath
Verlag: Springer Singapore
Buch: Mainstreaming the Northeast in India’s Look and Act East Policy
Print ISBN: 978-981-10-5319-1

Electronic ISBN: 978-981-10-5320-7

Copyright-Jahr: 2018
DOI: https://doi.org/10.1007/978-981-10-5320-7_8