Economic Reform Processes in South Asia: Toward Policy Efficiency

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Philippa S. Dee
Routledge, 2012 - Business & Economics - 228 pages
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While South Asia's economic reform initiatives of the last two decades were often born in crisis, this alone does not account for their occurrence. This book looks at the processes and institutional arrangements behind these reforms, and analyses what lessons can be learnt about how South Asia can improve its policy efficiency.

The book develops ideas about how to overcome the political restraints to reform by drawing on recent theories of political economy and policy learning. It tests these ideas against authoritative case studies of actual reform initiatives in South Asia, which illustrate processes and institutional arrangements that have helped South Asian governments to sustain reform efforts, even in the absence of a strong political base. This offers valuable lessons for the global economy as it moves into a phase of rebalancing, with the structural adjustments that this will require. The book goes on to identify weaknesses that could be addressed by South Asian national governments and regional forums. It is an important contribution to studies on South Asian Politics and International Political Economy

 

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Contents

1 Toward a theory of policy efficiency
1
2 South Asias economic prospects from global rebalancing and integration
23
3 Comparing structural reforms in India and Pakistan
43
4 The process of banking sector reforms in India
61
5 Monitoring fiscal performance in India
86
unfinished agenda
109
7 Policy efficiency of trade reforms in India
136
8 Financial sector reforms in Pakistan
154
progress and constraints
173
a roadmap for enhancing economic relations
191
References
207
Index
221
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About the author (2012)

Philippa Dee is Adjunct Associate Professor at Crawford School of Economics and Government, Australian National University

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