Jumpstarting South Asia

Revisiting Economic Reforms and Look East Policies

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ISBN:

9780199479283

Publication date:

06/11/2017

Hardback

276 pages

We sell our titles through other companies
Disclaimer :You will be redirected to a third party website.The sole responsibility of supplies, condition of the product, availability of stock, date of delivery, mode of payment will be as promised by the said third party only. Prices and specifications may vary from the OUP India site.

ISBN:

9780199479283

Publication date:

06/11/2017

Hardback

276 pages

Pradumna B. Rana and Wai-Mun Chia

Jumpstarting South Asia focuses on the slowing pace of economic growth and makes the case for a two-pronged strategy to jumpstart South Asian economies. South Asian countries should complete the economic reform process that they had begun in the 1980s and the early 1990s and implement the more microeconomic reforms, namely, the sectoral, and governance and institutional reforms to enhance competition and improve the operation of markets. This book argues that the proposed strategy will lead to a win-win situation for all countries in South Asia and East Asia, and also reinvigorate economic integration within South Asia.

Rights:  World Rights

Pradumna B. Rana and Wai-Mun Chia

Description


Jumpstarting South Asia focuses on the slowing pace of economic growth and makes the case for a two-pronged strategy to jumpstart South Asian economies. South Asian countries should complete the economic reform process that they had begun in the 1980s and the early 1990s and implement the more microeconomic reforms, namely, the sectoral, and governance and institutional reforms to enhance competition and improve the operation of markets. They should also implement the second round of ‘Look East’ policies or LEP2 to link themselves to production networks in
East Asia, their fastest-growing market, and develop production networks in manufacturing and services within their region. This book argues that the proposed strategy will lead to a win-win situation for all countries in South Asia and East Asia, and also reinvigorate economic integration within South Asia. The book identifies the remaining policy agenda for each South Asian country.

About the Authors

Pradumna B. Rana
is associate professor and coordinator of the International Political Economy Programme at the Centre for Multilateralism Studies, S. Rajaratnam School of International Studies, Nanyang Technological University, Singapore. Wai-Mun Chia is associate professor of economics at the School of Social Sciences, Nanyang Technological University, Singapore.

Pradumna B. Rana and Wai-Mun Chia

Table of contents


List of Tables, Figures, and Boxes
Foreword by Ambassador Ong Keng Yong
Acknowledgements
List of Abbreviations

Introduction, Overview, and Policies

1. Policy Reforms in South Asia: An Overview and the Unfinished Agenda
2. Economic Relations between South Asia and East Asia: Trends, Potential, and Impacts
3. Policies to Increase Production Network Participation Rates
4. ICT Development and Digital Divide between South Asia and East Asia
5. Revival of the Silk Roads in Asia
6. Perception Survey of Asian Opinion Leaders
7. Monetary Integration in ASEAN+3: A Perception Survey of Opinion Leaders

References
Index
About the Authors

Pradumna B. Rana and Wai-Mun Chia

Features

  • The book provides the latest thinking and analysis of economic development issues in South Asia.
  • For the first time for the countries in the region, the book argues that they should implement policies to realize the dynamic benefits associated with the newer trade theories of product fragmentation.
  • The book also argues that the benefits of economic reforms cannot be sustained unless the reform exercise is fully completed.
  • The book is full of new economic data and analysis, and is a must-read for anyone interested in economic development of Asia, especially South Asia.

Pradumna B. Rana and Wai-Mun Chia

Review


‘This comprehensive and well-researched book is a must-read for policymakers in the region whose vision is to restore Asia to global pre-eminence and who want a better life for their people.’
—Ajay Chhibber, former assistant secretary general of the UN and regional director for Asia and the Pacific at UNDP
‘The authors of this book argue convincingly that in order to jumpstart economic growth and integration in their region, South Asian countries need to complete their reform program and implement a second round of “Look East” policies. The book is timely and will no doubt be of great interest to a wide spectrum of readers.’
—Euston Quah, professor at the Department of Economics, Nanyang Technological University, Singapore, and president, Economic Society of Singapore

Pradumna B. Rana and Wai-Mun Chia

Description


Jumpstarting South Asia focuses on the slowing pace of economic growth and makes the case for a two-pronged strategy to jumpstart South Asian economies. South Asian countries should complete the economic reform process that they had begun in the 1980s and the early 1990s and implement the more microeconomic reforms, namely, the sectoral, and governance and institutional reforms to enhance competition and improve the operation of markets. They should also implement the second round of ‘Look East’ policies or LEP2 to link themselves to production networks in
East Asia, their fastest-growing market, and develop production networks in manufacturing and services within their region. This book argues that the proposed strategy will lead to a win-win situation for all countries in South Asia and East Asia, and also reinvigorate economic integration within South Asia. The book identifies the remaining policy agenda for each South Asian country.

About the Authors

Pradumna B. Rana
is associate professor and coordinator of the International Political Economy Programme at the Centre for Multilateralism Studies, S. Rajaratnam School of International Studies, Nanyang Technological University, Singapore. Wai-Mun Chia is associate professor of economics at the School of Social Sciences, Nanyang Technological University, Singapore.

Read More

Reviews


‘This comprehensive and well-researched book is a must-read for policymakers in the region whose vision is to restore Asia to global pre-eminence and who want a better life for their people.’
—Ajay Chhibber, former assistant secretary general of the UN and regional director for Asia and the Pacific at UNDP
‘The authors of this book argue convincingly that in order to jumpstart economic growth and integration in their region, South Asian countries need to complete their reform program and implement a second round of “Look East” policies. The book is timely and will no doubt be of great interest to a wide spectrum of readers.’
—Euston Quah, professor at the Department of Economics, Nanyang Technological University, Singapore, and president, Economic Society of Singapore

Read More

Table of contents


List of Tables, Figures, and Boxes
Foreword by Ambassador Ong Keng Yong
Acknowledgements
List of Abbreviations

Introduction, Overview, and Policies

1. Policy Reforms in South Asia: An Overview and the Unfinished Agenda
2. Economic Relations between South Asia and East Asia: Trends, Potential, and Impacts
3. Policies to Increase Production Network Participation Rates
4. ICT Development and Digital Divide between South Asia and East Asia
5. Revival of the Silk Roads in Asia
6. Perception Survey of Asian Opinion Leaders
7. Monetary Integration in ASEAN+3: A Perception Survey of Opinion Leaders

References
Index
About the Authors

Read More