U.S. ECONOMIC POLICY AND ITS IMPACT ON SOUTH ASIAN COUNTRIES
Abstract
The U.S. economic policy toward South Asian nations encompasses many factors, including trade, investment, aid, and geopolitical strategic interests. This paper studies the monetary policies of the United States in South Asia from the post-World War II era until the present and the impacts of such policies on the region’s economic growth. Using qualitative research methods, including drawing on case studies and analyzing trade data from institutions such as the World Bank, the IMF, and the WTO, this paper assesses the impacts of U.S. policies.
The results show that American economic engagement has driven the South Asian economies, whereas trade relations have experienced a significant uptick recently. However, the relationship is also defined by trade deficits and dependence on U.S. assistance, which presents South Asian countries with opportunities and challenges. U.S. policies have also sought to roll back experiments with socialist economics in the region and deal with geopolitical interests related to China’s influence.
This paper finds that while South Asian countries could benefit from U.S. economic policies, navigating these policies and promoting sustainable and equitable economic development presents significant challenges.
Keywords:
Economic Growth, Foreign Aid, Geopolitical Interests, South Asian Countries, Sustainable Development, Trade Relations, U.S. Economic PolicyDownloads
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https://doi.org/10.5281/zenodo.15462822Issue
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Copyright (c) 2025 Santa Bahadur Thapa
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