EAN: 9783319547190

THE ECONOMY OF SOUTH ASIA - TIRTHANKAR ROY GEBU...

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.

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