South Asian Economic Development: Second Edition

During the early 1990s, extensive economic reforms were introduced in South Asian countries, and as a result all economies have been enjoying a strong rate of growth. It is now clear that these reforms have started to pay back in terms of creating more jobs and increased per capita income.This new edition of the South Asian Economic Development provides an up-to-date guide to the growing markets in South Asia. It offers an analysis of the changes and consequences of high sustainable growth which South Asian countries now face. It investigates what has been achieved in the region during the last ten years from the macroeconomic viewpoint, analyses new challenges and defines clearly what drives the current boom. Taking into account a new opportunity that surfaced in the area of economic development in South Asia, India in particular, over the past years - a newly established ICT infrastructure - the authors provide an outlook as to where these economies are heading to in the future.The book discusses these key issues:- Economic performance of the region- Labour market institutions- Macroeconomic policies- Financial sector issues- Economic reforms: trade liberalization, privatization and foreign direct investment- Trade and economic integration- Agriculture and rural development- Poverty alleviation and income distribution- Environmental issues- Information and Communication Technology IssuesFocusing on the region's economic performance and achievements in the economic development front, the textbook will be of great interest to students and researchers in development economics, business economics, Development Studies and Asian Studies.Rajat Kathuria is the author of 'South Asian Economic Development: Second Edition', published 2010 under ISBN 9780415454728 and ISBN 0415454727.