Human Development in South Asia 2001 Globalisation and Human Development

by Ul Haq, Mahbub

• ISBN13: 9780195797640
• ISBN10: 0195797647
• Format: Paperback
• Copyright: 2002-02-07
• Publisher: Oxford University Press

Summary

This is the first South Asian report analysing the region's experience with globalisation. By the early 1990s all the countries in South Asia entered the globalisation process by liberalising their economies, opening up their markets, and implementing reforms to improve economic management.The results of these efforts have been uneven from one country to another, as well as within each particular country. Even where the economic growth rate has improved, human welfare in terms of education, health, or employment may have suffered. The report analyses this process from theperspective of its impact on people. It presents the experience of five South Asian countries: India, Bangladesh, Pakistan, Nepal and Sri Lanka. The questions this report raises and tries to answer are: What has been the extent of South Asia's trade and financial integration with the world? Howhave the economic reform programmes fared in raising growth and improving human development? What has been the social impact of the globalisation process? Do South Asian nations have full access to the opportunities of expanded trade? Are free markets open to South Asia's poor and theunskilled?

Table of Contents

Overview	1	(9)
Globalisation and Human Development: A conceptual framework	10	(12)
What is globalisation?	10	(1)
Nature and character of the globalisation process	11	(3)
Challenging globalisation	14	(1)
Globalisation and South Asia	15	(1)
Rethinking globalisation	16	(6)
Trade and Financial Globalisation of South Asia	22	(24)
Trade integration	22	(5)
Financial integration	27	(5)
Economic performance during globalisation	32	(14)
Social Impact of Globalisation in South Asia	46	(16)
Globalisation in South Asia	46	(9)
Social development policies in South Asia	55	(1)
Poverty alleviation programmes	56	(2)
Social protection programmes	58	(1)
Conclusions	58	(4)
Economic Reforms and Globalisation: Country case studies	62	(44)
Introduction	62	(1)
India	63	(11)
Pakistan	74	(9)
Bangladesh	83	(6)
Nepal	89	(6)
Sri Lanka	95	(6)
Conclusions	101	(5)
South Asia and Regional Cooperation	106	(14)
Regional trading groups	106	(2)
South Asia's trade outside the region	108	(1)
Trade: SAARC vs. other regional blocs	109	(1)
SAARC and economic cooperation	110	(2)
Pros and cons of preferential arrangements	112	(1)
Some policy issues for SAPTA	113	(1)
Benefits of regional cooperation	114	(2)
Policy implications	116	(4)
Institutions of Global Governance and Globalisation	120	(14)
Bretton Woods Institutions: A brief history	120	(2)
Recent policies of IMF and World. Bank in South Asia	122	(3)
IMF in Latin America, East Asia and Russia	125	(1)
IMF in South Asia	126	(1)
World Trade Organization	127	(7)
Towards Humane Globalisation	134	(9)
National imperatives	134	(4)
Global imperatives	138	(1)
Role of civil society and private sector	139	(4)
References	143	(1)
Bibliographic Note	143	(8)
Statistical Profile of Globalisation in South Asia	151	(8)
Human Development Indicators for South Asia	159	(20)
Key to Indicators	179