1st Edition

India and South Asia Economic Developments in the Age of Globalization

By Anjum Siddiqui Copyright 2007

    South Asia has become a major center of attention on the world stage with the U.S. military involvement in Afghanistan since 9/11, the ongoing concern over Islamic fundamentalism in Pakistan, and India's emergence as a regional economic power. In addition, the age-old problems of South Asia - mass poverty, poor infrastructure, misgovernance, rampant corruption, political uncertainty, and regional wars - add to the increased interest in the region. Incorporating the most current information available, the expert international contributors to this handbook examine the economies and geo-political developments of India, Pakistan, Afghanistan, Nepal, Bangladesh, Sri Lanka, and Bhutan. They focus on three core areas of importance: trade and development in the post-WTO era of globalization; macroeconomic adjustment and economic growth; and poverty, governance, the war on terror, and social indicators. With its cutting edge analysis, the handbook is an essential reference for all students, researchers, and practitioners dealing with the region.

    Introduction, Part I Introduction 1. South Asia at a Glance: A Taxonomy of Growth Challenges 2. The Political Economy of South Asia Part II Macroeconomic Performance and Issues in Economic Growth 3. India’s Economic Growth Miracle in a Global Economy: Past and Future 4. Twin Deficits in South Asian Economies: Observations and Empirical Evidence 5. Emergence, Severity, and Contours of the Fiscal Deficit in India and South Asia 6. Foreign Public Capital and Economic Growth of Developing Countries: A Selected Survey 7. Foreign Investment and Economic Growth: A Case Study of India 8. Human Capital Investment and Development in South Asia 9. Poverty in Pakistan and South Asia: Concept, Measurement and Analysis Part III Globalization, Trade, and Development 10. South Asia’s Trade and Commercial Relations with Canada 11. Regional Economic Cooperation Under SAARC: Possibilities and Constraints 12. Repositioning SAFTA in the Regionalism Debate 13. Market-Oriented Policy Reforms and Export-Led Industrialization: The Sri Lankan Experience 14. Globalization and Economic Development Part IV Corruption in Governance and Its Effects 15. Decentralization of Governance and Development 16. Governance Issues in India 17. Corruption in South Asia: Causes and Consequences 18. Military Expenditure in South Asia: A Case Study of Economic Irrationality

    Biography

    Anjum Siddiqui is the author of international publications in the areas of  monetary policy, finance, debt and deficits, and energy economics.