Elgar original reference
Edited by Anis Chowdhury and Wahiduddin Mahmud
South Asia is home to nearly one-quarter of the world population. The region’s cultural diversity, rich history, social and economic developments have always fascinated thinkers, from Adam Smith to Karl Marx, to Nobel Laureate Gunnar Myrdal, who titled his famous magnum opus on the region, Asian Drama (1968). South Asia provided a rich testing ground for development practitioners, and leading paradigms in development economics can be traced back to the region. For a while, though, there was a loss of interest in South Asia with the ascendency of East and Southeast Asia. Since the 1990s, the focus of development economists has begun to shift back to the region, with the region poised to take oﬀ, following economic reforms. However, as always, the region’s experience is diverse; the challenges of and responses by diﬀerent countries of the region are varied. Even when they faced the same challenge, their responses were not the same. Thus, the eﬀorts to understand the complex development experience of the region have spawned a large amount of literature. This volume is a collection of chapters on economic and social development in South Asia. The analytical narratives on the economic transformation of South Asian economies are based on the wide-ranging extant literature, and highlight the interactions of sociopolitical factors as they impact on development outcomes. In particular, they examine the role of economic policies that were inﬂuenced by historical and political circumstances of the time. Each chapter, written by country experts, begins with a brief...