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Gunnar Myrdal published his magnum opus Asian Drama, in 1968, to conclude that Asia's development prospects were gloomy. Since then, contrary to Myrdal's expectations Asia has been transformed beyond recognition, the development of nations and living standards of people revolutionized. These transformations have been uneven across countries and unequal among people. Yet, Asia's economic progress in this short timespan has been remarkable and almost unprecedented in history. Resurgent Asia provides an analytical narrative of Asia's incredible economic development, situated in the wider context of historical, political, and social factors. It also provides an economic analysis of underlying factors that assisted Asia's growth and the critical issues in the process of development. Resurgent Asia studies not only the sub-regions East, Southeast, South, and West Asia, but also the major countries - China, India, South Korea, Indonesia, Turkey, Thailand, Philippines, Malaysia, Singapore, Pakistan, Bangladesh, Vietnam, and Sri Lanka- which account for more than four-fifths of Asia's population and income.
Sommario
- 1: Historical perspective and initial conditions
- 2: The rise of Asia
- 3: The macroeconomics of growth
- 4: Structural change and economic transformation
- 5: Openness and industrialization
- 6: Markets, governments, and politics
- 7: Unequal outcomes for countries and people
- 8: Asian development and the world economy
- 9: Contemplating the future
Info autore
Deepak Nayyar is Emeritus Professor of Economics at Jawaharlal Nehru University, New Delhi, and an Honorary Fellow of Balliol College, Oxford. He was previously Distinguished University Professor of Economics at the New School for Social Research, New York and taught at the University of Oxford, the University of Sussex, and the Indian Institute of Management, Calcutta. He served as Vice Chancellor of the University of Delhi, and as Chief Economic Adviser to the Government of India. He has published widely in academic journals. His books include Asian Transformation: An Inquiry into the Development of Nations, and Catch Up: Developing Countries in the World Economy, both Oxford University Press.
Riassunto
Over the last fifty years Asia has transformed beyond recognition. Resurgent Asia provides an analytical narrative of Asia's incredible development situated in the wider context of historical, political, and social factors.
Testo aggiuntivo
In this remarkable book, Deepak Nayyar analyses the economic rise of Asia over the past fifty years, which has restored its historic significance in the world economy to where it was in the mid-nineteenth century. The book is a must read for anyone who wants to understand Asia's past, present and future, which could chart paths to prosperity in other parts of the developing world.
