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The Economy of South Asia - From 1950 to the Present (Hardcover, 1st ed. 2017)
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The Economy of South Asia - From 1950 to the Present (Hardcover, 1st ed. 2017)
Series: Palgrave Studies in Economic History
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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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