Rapid changes have taken place in the structure of the global
economy, and this book looks at how South Asia can take advantage
of these changes. The author argues that the developing global
economy will be more complex than originally thought, that instead
of a bipolar model with two countries, the US and China, at the
centre, it will be multipolar with eight centres of economic
activity, including India.
The book goes on to suggest that in the context of such a model,
there should be regional cooperation between India and its
immediate neighbouring countries for South Asia to advance as an
economic region. It argues that South Asia will need to look at its
history, and that changes in attitudes, particularly in India and
Pakistan, are necessary. The possible benefits to the region, in
terms of increases in the rates of economic growth if the regional
approach is adopted, are discussed. The book presents a useful
contribution to studies in South Asia, as well as Asian
Economics.
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