The Economy of South Asia
From 1950 to the Present
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Beschreibung
This book explores the historical roots of rapid economic growth in South Asia, with reference to politics, markets, resources, and the world economy. Roy posits that, after an initial slow period of growth between 1950 and the 1980s, the region has been growing rapidly and fast catching up with the world on average levels of living. Why did this turnaround happen? Does it matter? Is it sustainable? The author answers these questions by drawing connections, comparisons, and parallels between the five large countries in the region: India, Pakistan, Bangladesh, Sri Lanka and Nepal. It shows why, despite differences in political experience between these countries, similarities in resources and markets could produce similar trajectories. Home to a fifth of the world’s population, South Asia’s transformation has the power to change the world. Most accounts of the process focus on individual nations, but by breaking out of that mould, Roy takes on the region as a whole, and delivers a radical new interpretation of why the economy of South Asia is changing so fast.
This book explores the historical roots of rapid economic growth in South Asia, with reference to politics, markets, resources, and the world economy. Roy posits that, after an initial slow period of growth between 1950 and the 1980s, the region has been growing rapidly and fast catching up with the world on average levels of living. Why did this turnaround happen? Does it matter? Is it sustainable? The author answers these questions by drawing connections, comparisons, and parallels between the five large countries in the region: India, Pakistan, Bangladesh, Sri Lanka and Nepal. It shows why, despite differences in political experience between these countries, similarities in resources and markets could produce similar trajectories. Home to a fifth of the world’s population, South Asia’s transformation has the power to change the world. Most accounts of the process focus on individual nations, but by breaking out of that mould, Roy takes on the region as a whole, and delivers a radical new interpretation of why the economy of South Asia is changing so fast.
Offers the first economic history account of South Asian transition in the last 70 years Surveys the broad patterns of economic change in the five larger nations of South Asia (India, Pakistan, Bangladesh, Sri Lanka, and Nepal) in the years after the end of British colonial rule Explores the phenomenon of 'transition' from a socialistic development regime towards a market-driven and outward-looking one Provides new interpretations on ongoing economic changes Questions the long-term trajectory of economic growth in South Asia
Autor*in
Tirthankar Roy
Themen in »The Economy of South Asia«
British Colonial Rule India Pakistan Bangladesh Sri Lanka Nepal Development studies GDP Postcolonial South Asia Poverty and regional inequality Foreign trade Foreign capital