Economic development of South Asia b) major sectors & the internationa
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- Term 2
As with Economic Development of South Asia a) The Macroeconomy (15PECC026), the objective in this course is to provide an advanced understanding of the working of the economies of South Asia and of relevant contemporary economic issues. This course carries forward the treatment provided in Economic Development of South Asia a) The Macroeconomy (15PECC026), by disaggregating to the level of individual sectors and considering the relationships with the global economy. Topics covered include: debates on the impact of colonialism on contemporary South Asia; the role of the state in post-colonial economic development and the contemporary concern with good governance and the investment climate; the impact of patron-client relationships on economic performance, agriculture and the agrarian question, including land reform and technical change; industrialisation and the industrial sector including the regulatory framework, the debate on growth, stagnation and restructuring, the role of industrial policy before and after liberalization and growth after liberalization.
Objectives and learning outcomes of the course
On successful completion of the course, students will be able to:
- Discuss and compare the South Asian economies at the level of economic sectors and their performance in the global economy.
- Relate the impact of colonialism on the South Asian economies to post-colonial economic development and the role of the state.
- Summarise the impact of patron-client relationships on economic performance, agriculture, land reform and technical change
Method of assessmentAssessment weighting: Exam 70% / coursework 30% (1 essay). All coursework is resubmittable.
- S.Akbar Zaidi, Issues in Pakistan's Economy. Oxford: Oxford University Press.
- Kaushik Basu (ed) India’s Emerging Economy: Performance and Prospects in the 1990s and Beyond. London: The MIT Press. 2004.
- Isher Judge Ahluwalia and John Williamson (eds) The South Asian Experience with Growth. Oxford: Oxford University Press. 2003.