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2 Cont’d from front flap ‘In this excellent volume, Ejaz Ghani and Sadiq Ahmed have invited GHANI Accelerating Growth and the world’s leading scholars to apply their talents to understanding the Timely and relevant in the context of the economies of South Asia. They cover a wide range of topics. Scholars AHMED Job Creation in South Asia ongoing global crisis, this book will be useful interested in South Asia will find the volume most illuminating.’ for policymakers, NGOs, development agencies, —Arvind Panagariya, Columbia University In recent times, South Asia has attracted global and industry strategists. It will also be of interest attention for demonstrating rapid growth. What to students and scholars of economics and ‘The importance of this book cannot be overestimated. It powerfully explores is not so well known is that this is the least the link between regional integration, economic growth, and job creation. Public Disclosure Authorized South Asian studies. integrated region in the world. South Asia has It has several imaginative proposals that can be debated and discussed. It is opened its door to the rest of the world but ambitious but not unmindful of the difficult political economy of the region …’ Accelerating Growth Ejaz Ghani is Economic Adviser, Poverty remains closed to its neighbours. Poor market —Pratap Bhanu Mehta, Centre for Policy Research Reduction and Economic Management Job Creation in South Asia integration, weak connectivity, and a history Accelerating Growth and and Job Creation of conflict have created ‘two South Asias’. The Department, South Asia Region, The World Bank. ‘This book … usefully turns the spotlight away from India to the regional context. Its proposals for regional cooperation merit attention from all in South Asia first is dynamic, urbanized, globally integrated, Sadiq Ahmed is Senior Manager, Regional those who are interested in the long-term economic health of any of the and rapidly growing; the second is rural, Programs, South Asia Region, The World Bank. South Asian countries. Businessmen and politicians across the region impoverished, and lagging. should take note of the key messages.’ —Homi Kharas, Wolfensohn Center for Development, Accelerating Growth and Job Creation in CONTRIBUTORS The Brookings Institution South Asia provides fresh perspectives on Sadiq Ahmed these issues by exploring the link between ‘This book … brings insight to the setting of priorities and strategies to Kaushik Basu Public Disclosure Authorized regional integration, economic growth, and job accomplish the objective of sustained growth and poverty reduction.’ edited by Ana M. Fernandes creation. The outcome of a high-level dialogue —Michael Spence, Chair of the Commission on Growth EJAZ GHANI between the private sector, political leadership, Ejaz Ghani and Development, and Nobel Laureate in Economics, 2001 Venkataraman Krishnaswamy policymakers, and academics in South Asia, Annemie Maertens ‘South Asia is on a path of economic ascendancy, and … economic SADIQ AHMED this volume is an important contribution to the Aaditya Mattoo growth has been widely shared among the countries of the region. Yet, debates in this area. Howard Pack these countries face enormous challenges in reducing poverty, generating Ariel Pakes employment, and achieving regional economic integration. By addressing The volume is organized along three themes— Michelle Riboud these issues with a great deal of analytical rigour and originality, this book overview of South Asia’s growth opportunities Jeffrey D. Sachs provides fresh perspectives on South Asian economic development.’ and challenges; sources of growth and policies Hong Tan —Wahiduddin Mahmud, University of Dhaka for the future; and the significance of regional Simon Thomas cooperation in promoting growth. The essays Public Disclosure Authorized Paul A. Volcker combine quantitative data with analytical rigour Vladislav Vucetic ISBN 0-19-806004-1 to provide innovative suggestions in terms L. Alan Winters of policies and institutions that can propel 1 South Asia towards higher growth, while 9 780198 060048 promoting inclusiveness. Jacket visual: Gautam Narang/Jupiter Images www.oup.com Rs 795 2 Cont’d on back flap Public Disclosure Authorized 2 Cont’d from front flap ‘In this excellent volume, Ejaz Ghani and Sadiq Ahmed have invited GHANI Accelerating Growth and the world’s leading scholars to apply their talents to understanding the Timely and relevant in the context of the economies of South Asia. They cover a wide range of topics. Scholars AHMED Job Creation in South Asia ongoing global crisis, this book will be useful interested in South Asia will find the volume most illuminating.’ for policymakers, NGOs, development agencies, —Arvind Panagariya, Columbia University In recent times, South Asia has attracted global and industry strategists. It will also be of interest attention for demonstrating rapid growth. What to students and scholars of economics and ‘The importance of this book cannot be overestimated. It powerfully explores is not so well known is that this is the least the link between regional integration, economic growth, and job creation. South Asian studies. integrated region in the world. South Asia has It has several imaginative proposals that can be debated and discussed. It is opened its door to the rest of the world but ambitious but not unmindful of the difficult political economy of the region …’ Accelerating Growth Ejaz Ghani is Economic Adviser, Poverty remains closed to its neighbours. Poor market —Pratap Bhanu Mehta, Centre for Policy Research Reduction and Economic Management Job Creation in South Asia integration, weak connectivity, and a history Accelerating Growth and and Job Creation of conflict have created ‘two South Asias’. The Department, South Asia Region, The World Bank. ‘This book … usefully turns the spotlight away from India to the regional context. Its proposals for regional cooperation merit attention from all in South Asia first is dynamic, urbanized, globally integrated, Sadiq Ahmed is Senior Manager, Regional those who are interested in the long-term economic health of any of the and rapidly growing; the second is rural, Programs, South Asia Region, The World Bank. South Asian countries. Businessmen and politicians across the region impoverished, and lagging. should take note of the key messages.’ —Homi Kharas, Wolfensohn Center for Development, Accelerating Growth and Job Creation in CONTRIBUTORS The Brookings Institution South Asia provides fresh perspectives on Sadiq Ahmed these issues by exploring the link between ‘This book … brings insight to the setting of priorities and strategies to Kaushik Basu regional integration, economic growth, and job accomplish the objective of sustained growth and poverty reduction.’ edited by Ana M. Fernandes creation. The outcome of a high-level dialogue —Michael Spence, Chair of the Commission on Growth EJAZ GHANI between the private sector, political leadership, Ejaz Ghani and Development, and Nobel Laureate in Economics, 2001 Venkataraman Krishnaswamy policymakers, and academics in South Asia, Annemie Maertens ‘South Asia is on a path of economic ascendancy, and … economic SADIQ AHMED this volume is an important contribution to the Aaditya Mattoo growth has been widely shared among the countries of the region. Yet, debates in this area. Howard Pack these countries face enormous challenges in reducing poverty, generating Ariel Pakes employment, and achieving regional economic integration. By addressing The volume is organized along three themes— Michelle Riboud these issues with a great deal of analytical rigour and originality, this book overview of South Asia’s growth opportunities Jeffrey D. Sachs provides fresh perspectives on South Asian economic development.’ and challenges; sources of growth and policies Hong Tan —Wahiduddin Mahmud, University of Dhaka for the future; and the significance of regional Simon Thomas cooperation in promoting growth. The essays Paul A. Volcker combine quantitative data with analytical rigour Vladislav Vucetic ISBN 0-19-806004-1 to provide innovative suggestions in terms L. Alan Winters of policies and institutions that can propel 1 South Asia towards higher growth, while 9 780198 060048 promoting inclusiveness. Jacket visual: Gautam Narang/Jupiter Images www.oup.com Rs 795 2 Cont’d on back flap Accelerating Growth and Job Creation in South Asia ‘In this excellent volume, Ejaz Ghani and Sadiq Ahmed have invited the world’s leading scholars to apply their talents to understanding the economies of South Asia. They cover a wide range of topics. Scholars interested in South Asia will fi nd the volume most illuminating.’ —Arvind Panagariya, Columbia University ‘The importance of this book cannot be overestimated. It powerfully explores the link between regional integration, economic growth, and job creation. It has several imaginative proposals that can be debated and discussed. It is ambitious but not unmindful of the diffi cult political economy of the region. But beyond all the rigorous and technical thinking in the volume, it is also a summons to the leadership in South Asia. The destiny of the region is in its own hands. Its people are its greatest asset and should be at the forefront of any policy. And more importantly, however much we may try to deny this fact, the region will swim or sink together. At a time when the region faces two profound challenges, the impact of the global slowdown and regional tensions, this book makes a case for how both these
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