South Asia: Beyond The Global Financial Crisis

South Asia: Beyond The Global Financial Crisis

Author: Amitendu Palit

Publisher: World Scientific

Published: 2011-01-12

Total Pages: 191

ISBN-13: 9814462268

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The book is an edited volume of different perspectives on the South Asian region and captures the political, social and economic challenges facing the region following the financial crisis and the region's responses to these challenges.


South Asia

South Asia

Author: Amitendu Palit

Publisher: World Scientific

Published: 2011

Total Pages: 191

ISBN-13: 9814340820

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This book is an edited volume of different perspectives on the South Asian region and captures the political, social and economic challenges facing the region following the financial crisis and the region''s responses to these challenges.


Hidden Debt

Hidden Debt

Author: Martin Melecky

Publisher: World Bank Publications

Published: 2021-07-15

Total Pages: 271

ISBN-13: 1464816689

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The COVID-19 crisis, which has sent economies in South Asia and around the world into a deep recession, has highlighted South Asia’s rising debt levels and sizable hidden liabilities. State-owned enterprises, state-owned commercial banks, and public-private partnerships have been at the center of the rising debt wave and the latest pandemic response. Historically,South Asia has relied on these direct public interventions more than other regions. The interventions have helped governments tackle key development challenges and rapidly deliver relief measures during crises. However, because of their inefficiencies and weak governance, the interventions are also a significant source of public indebtedness and macrofinancial risks. Hidden Debt examines the trade-off between tackling development challenges through direct state presence in the market and avoiding unsustainable debt due to economic inefficiencies of such off†“balance sheet operations, which greatly leverage public capital. The study recommends a reform agenda based on the four interrelated principles of purpose, incentives, transparency, and accountability (PITA). The reforms can mitigate the risks that off†“balance sheet operations will become the source of the next financial crisis in South Asia.


South Asia

South Asia

Author: Amitendu Palit

Publisher: World Scientific

Published: 2011

Total Pages: 191

ISBN-13: 9814335258

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South Asia: Beyond the Global Financial Crisis (K Shanmugam); South Asia and the Global Financial Crisis: Impacts and Implications (A Palit); Global Crisis, Financial Institutions and Reforms: An EME Perspective (D M Nachane); Socio-Economic Developments in South Asia: Issues and Outlook (M S Aiyar); Political Developments in South Asia: Issues and Outlook (S Aziz); The Major Powers and Conflicts in South Asia (T V Paul); Religious Extremism and Terrorism in Pakistan: Challenges for National Security (R B Rais); Prospects for Conflict Resolutions in South Asia (D Jayatilleka); India, Pakistan and Bangladesh: 'Trilateralism' in South Asia? (I A Chowdhury).


Routledge Handbook of South Asian Economics

Routledge Handbook of South Asian Economics

Author: Raghbendra Jha

Publisher: Routledge

Published: 2012-05-23

Total Pages: 338

ISBN-13: 1136803882

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The Routledge Handbook of South Asian Economics addresses the recent economic transformation in South Asia. Leading experts in the field look at the major economic achievements and challenges for the region and examine why economic development across the South Asia region has diverged so significantly since the early 1990s. Providing a cutting-edge review of the economies of South Asia, the Handbook analyzes key growth areas as well as key structural weaknesses and policy challenges facing these economies. Furthermore, it anticipates trends and suggests corrective measures for the South Asian economic region. Sections focus on issues of human development, such as inequality, poverty and quality of schooling, and monetary and fiscal issues, particularly in light of the ongoing global financial crisis. Further sections discuss issues relating to employment and infrastructure, and on the experience of the region with international trade and financial flows, and environmental challenges. Written by renowned and respected experts on South Asian economics, this Handbook will be an invaluable reference work for students and academics as well as policy makers interested in South Asian Studies, Economics and Development Studies.


The Asian Financial Crisis

The Asian Financial Crisis

Author: Morris Goldstein

Publisher: Peterson Institute

Published: 1998

Total Pages: 236

ISBN-13: 9780881322613

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The turmoil that has rocked Asian markets since the middle of 1997, and that is now having such deep effects on the economies in the region, is the third major currency crisis of the 1990s. This study explains how the Asian crisis arose and spread. It then outlines the corrective policy measures that could help end the crisis, and the shortcomings that have been revealed in the international financial system that require reform to reduce the chances of a recurrence.


Promoting Economic Cooperation in South Asia

Promoting Economic Cooperation in South Asia

Author: Sadiq Ahmed

Publisher: SAGE Publications Pvt. Limited

Published: 2010-02-04

Total Pages: 0

ISBN-13: 9788132103110

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This volume examines the dichotomy between the two faces of South Asia—one poverty stricken and lagging in development, the other highly urbanized and growing rapidly—and tries to find a workable solution to bridge this gap. It looks at the many policy and institutional constraints that contribute to this dichotomy, especially regional conflict that has made South Asia one of the least integrated regions of the world.


Asia Beyond the Global Economic Crisis

Asia Beyond the Global Economic Crisis

Author: Satoshi Inomata

Publisher: Edward Elgar Publishing

Published: 2011-01-01

Total Pages: 225

ISBN-13: 0857930508

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The characteristic feature of the recent Global Economic Crisis is the speed and extent of the shock transmission. The development of cross-national production networks in recent years has significantly deepened the economic interdependency between countries, and a shock that occurs in one region can be swiftly and extensively transmitted to the rest of the globe. The sudden contraction of world trade and output is a negative outcome of this intertwined global economic system. Based on the method known as international input-output analyses, this book provides a detailed examination of the mechanics of shock transmission by probing the labyrinth of complex supply networks among nations.


The Political Economy of the Asian Financial Crisis

The Political Economy of the Asian Financial Crisis

Author: Stephan Haggard

Publisher: Peterson Institute

Published: 2000

Total Pages: 310

ISBN-13: 9780881322835

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This study not only examines the countries most severely affected by the Asian financial crisis, but also draws lessons from those whose economies escaped the worst problems. The author focuses on the political economy of the crisis, emphasizing long-standing problems and crisis management tactics.


The Politics of the Asian Economic Crisis

The Politics of the Asian Economic Crisis

Author: T. J. Pempel

Publisher: Cornell University Press

Published: 2018-09-05

Total Pages: 304

ISBN-13: 1501729373

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In the summer of 1997, a tidal wave of economic problems swept across Asia. Currencies plummeted, banks failed, GNP stagnated, unemployment soared, and exports stalled. In short, the vaunted "Asian Economic Miracle" became the "Asian Economic Crisis"—with serious repercussions for nations and markets around the world. While the headlines are still fresh, a group of experts on the region presents the first account to focus on the political causes and implications of the crisis. The events of 1997–98 involved not just property values, financial flows, portfolio makeup, and debt ratios, they argue, but also the power relationships that shaped those economic indicators.As they examine the domestic, regional, and international politics that underlay the economic collapse, the authors analyze the reasons why the crisis affected the nations of Asia in radically different ways. The authors also consider whether the crisis indicates a radical change in Asia's economic future.