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South Asian Experience with Growth

South Asian Experience with Growth

  • 04 Oct, 2011

The enquiry into the cause of growth is motivated by the recognition that growth is a dominant condition for social and economic development in a country or region. In exploring the possible explanations for growth in South Asia over the second half of the twentieth century, this volume covers some significant dimensions of this process.

It discusses growth in individual countries in the context of performance in other regions through cross-country analyses. The book presents a conventional decomposition of growth into factor accumulation and total factor productivity increase for the five major economies of the region-India, Pakistan, Bangladesh, Nepal, and Sri Lanka. It also highlights the importance of a poverty-focus in economic reform strategies.

The book goes on to describe the political economy of reforms and suggests policies in the context of India and Sri Lanka. It highlights the importance of understanding the political economy of issues in order to build a constituency of growth promoting policies

The role of output and factor markets in shaping the pace and composition of growth in the major South Asian economies is also examined. The essays analyse the functioning of labour markets and factors that influence the flexibility of labour allocation to trace the impact of human capital on growth.

A substantive introduction explores the underlying themes and linkages on the basic premise that the recent economic reforms in South Asia have enhanced growth.

An excellent source of economic information on South Asia, this book will be useful to policy-makers, researchers, and the general reader interested in growth theory and development.

Isher Judge Ahluwalia is Visiting Professor, School of Public Affairs, University of Maryland. Formerly, she was Director and Chief Executive, Indian Council for Research on International Economic Relations, Delhi.

John Williamson is Senior Fellow, Institute for International Economics, Washington, DC.
 

Contents:

   
1. Introduction
Isher Judge Ahluwalia · John Williamson
2. Sources of Growth in South Asian Countries
Basudeb Guha-Khasnobis · Faisal Bari
3. Political Economy of Growth and Reforms in South Asia
Saman Kelegama · Kirit S. Parikh
4. Markets and Long-term Economic Growth in South Asia 1950–97
Suresh D. Tendulkar · Binayak Sen

List of Contributors:

   
1. Faisal Bari
Lahore University of Management Sciences, Lahore
2. Basudeb Guha-Khasnobis
The United Nations University
World Institute for Development Economics Research, Helsinki
3. Saman Kelegama
Institute of Policy Studies, Colombo
4. Kirit S. Parikh
Indira Gandhi Institute of Development Research, Mumbai
5. Binayak Sen
Bangladesh Institute of Development Studies, Dhaka
6. Suresh D. Tendulkar
Delhi School of Economics, Delhi

 

 

 

Announcement

"SAARC Recognized Body" status of SANEI, renewed | SANEI Secretariat relocated in Kathmandu, Nepal | The Global Development Awards Competition is an innovative award scheme launched by GDN with the generous support from the Ministry of Finance, Government of Japan. The Awards Competition recognizes excellence in policy-oriented research, supports research capacity development of researchers in developing countries and funds innovative social development projects benefiting marginalized groups in the developing world. Since its inception in 2000, GDN has provided US$ 3.8 million in awards and travel grants to finalists and winners. The winners of the current round will be chosen by an eminent jury at GDN’s 17th Annual Global Development Conference to be held in Peru from 17-18 March, 2016; an event expected to be attended by over 200 practitioners in the field of development where finalists will present their proposals. Finalists from both award categories will be invited to present their proposals at the Conference. | SANEI is now associate member of International Economic Association |