Economic Growth, Economic Performance and Welfare in South Asia [Hardcover]

This volume brings together frontline research on the prospects for rapid economic development in South Asia by leading academics and public policy experts. It reviews recent macroeconomic performance in Bangladesh, India, Nepal, Pakistan and Sri Lanka and examines three emergent challenges for the Indian economy: devising a policy response to climate change, attaining the millennium development goals and restructuring state level finances. The book then analyzes financial sector reforms and development of information and communications technology (ICT) firms and privatization policy in India and the South Asian approach to free trade arrangements and multilateral trade. It studies issues related to foreign perceptions of South Asian development including governance and foreign direct investment flows into India and Nepal. Finally the book studies the impact of the structural composition of economic growth on poverty in India, the evolution of inequality in India and elements of a strategy for poverty reduction in South Asia.Overview of the Volume; R.Jha PART I: RECENT MACROECONOMIC PERFORMANCE IN SOUTH ASIA Recent Developments in the Bangladesh Economy; M.Alauddin The Political Economy of Recent Economic Growth in India; R.Jha Economic Reforms in Nepal: Performance and Prospects; P.J.Thapa & S.K.Shrestha Recent Macroeconomic Developments and Implications for Poverty and Employment in Pakistan; T.Anwar Liberalisation and Industrial Growth: Lessons from Sri Lanka; P-C.Athukorala & S.Jayasurya PART II: EMERGING ECONOMIC CHALLENGES IN INDIA Climate Change Policy for India; W.McKibbin The Millennium Development Goals for India - How Attainable?; A.Deolalikar Expenditure Implications of India's State-Level Fiscal Crisis; S.Howes, R.Murgai & M.Wes PART III: TRADE, INDUSTRIAL & FINANCIAL SECTOR REFORM IN SOUTH ASIA Financial Sector Reforms in India: A Stocktake; M.Sathye Major Indian ICT Firms and Their Approaches Towards Achieving Quality; D.Dutta & A.lS!