The Economy of South Asia From 1950 to the Present
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
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Palgrave Studies in Economic History is designed to illuminate and enrich our understanding of economies and economic phenomena of the past. The series covers a vast range of topics including financial history, labour history, development economics, commercialisation, urbanisation, industrialisation, modernisation, globalisation, and changes in world economic orders. More information about this series at http://www.springer.com/series/14632
Tirthankar Roy
The Economy of South Asia From 1950 to the Present
Tirthankar Roy LSE London, United Kingdom
Palgrave Studies in Economic History ISBN 978-3-319-54719-0 DOI 10.1007/978-3-319-54720-6
ISBN 978-3-319-54720-6 (eBook)
Library of Congress Control Number: 2017939568 © The Editor(s) (if applicable) and The Author(s) 2017 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Cover illustration: dbimages / Alamy Stock Photo Printed on acid-free paper This Palgrave Macmillan imprint is published by Springer Nature The registered company is Springer International Publishing AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
For Ashok Desai
Preface
The author of this book studied economics in India in the 1980s, when the standard curriculum was loaded with something called Indian Economics, had a decent quantity of European economic history, and barely recognized the existence of Pakistan, Bangladesh, Sri Lanka, and Nepal. In this age of globalization, economics teaching in South Asia may be less resolutely nationalistic than it was then, but the absence of good narrative histories of South Asia shows an enduring lack of readership for such works within the region. A book such as this one may help the student of economics see that we can understand every country in the region a little better if we compare it with the others. For teachers and students outside South Asi
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