ABSTRACT

The South Asian economies have generally become more open in the past decade, as measured by the share of exports and imports of goods and services in their gross domestic product (GDP); an exception is Pakistan, where the ratio fell slightly, from 39 percent to 38 percent between 1990 and 2002, but even so it remained more open than Bangladesh or India, where the ratios increased from 20 percent to 33 percent and 16 percent to 31 percent, respectively, over the same time period (Table 10.1).