Overview
- 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
Part of the book series: Palgrave Studies in Economic History (PEHS)
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About this book
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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Table of contents (12 chapters)
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Front Matter
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Back Matter
Authors and Affiliations
About the author
Tirthankar Roy is Professor of Economic History at the London School of Economics and Political Science, UK. His research interests include global history, the economic history of South Asia and industrialisation. A leading member of his field, Roy is the author of Law and the Economy in Colonial India (with Anand Swamy) and India in the World Economy from Antiquity to the Present.
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Bibliographic Information
Book Title: The Economy of South Asia
Book Subtitle: From 1950 to the Present
Authors: Tirthankar Roy
Series Title: Palgrave Studies in Economic History
DOI: https://doi.org/10.1007/978-3-319-54720-6
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s) 2017
Hardcover ISBN: 978-3-319-54719-0Published: 16 August 2017
Softcover ISBN: 978-3-319-85462-5Published: 03 August 2018
eBook ISBN: 978-3-319-54720-6Published: 05 August 2017
Series ISSN: 2662-6497
Series E-ISSN: 2662-6500
Edition Number: 1
Number of Pages: XV, 351
Number of Illustrations: 42 b/w illustrations
Topics: Economic History, Development Economics, Economic Growth, Asian Economics, Urban Economics