South Asia amid global contestations

What we need is a unique, irreplaceable and functional regional organisation.

As dominant economies mature in their domestic markets, they pursue expansion opportunities in emerging markets to tap into new consumer bases and cheaper production factors—resources, labour, capital and innovation—to diversify their revenue sources for continued economic vitality. The Indo-Pacific region has emerged as a pivotal frontier for the expansion of leading economies. Comprising 60 percent of the world’s population and contributing 40 percent to the current global gross domestic product, the region is home to the world’s fastest-growing economies.