Edited by Prema-chandra Athukorala, Professor of Economics, Arndt-Corden Department of Economics, Crawford School of Public Policy, Australian National University, Australia and a Fellow of the Academy of Social Sciences in Australia

'Professor Athukorala is one of the world's leading experts on the economies of South Asia. He has gathered together in these volumes a remarkable collection of nearly 100 essays covering such topics as agriculture, industrialisation, population, poverty and income distribution, import substitution, liberalisation, financial development, trade and investment. The list of contributors reads like a Who's Who in economics. Anyone wanting to understand the economic development of South Asia would be wise to use these volumes as their first port of call.'

• Contents:Volume I AcknowledgementsIntroduction Prema-chandra AthukoralaPART IINITIAL CONDITIONS 1. B.H. Farmer (1993), ‘The British Period, the Coming of Independence and Partition’2. P.T. Bauer (1961), ‘Aspects of the Indian Economy’3. Walter Godfrey (1951), ‘General’4. Nurul Islam (1974), ‘The State and Prospects of the Bangladesh Economy’5. J.R. Hicks (1959), ‘Reflections on the Economic Problems of Ceylon’6. Joan Robinson (1959), ‘Economic Possibilities of Ceylon’PART IITHE ERA OF IMPORT SUBSTITUTION 7. John P. Lewis (1962), ‘Basic Development Strategy’8. Sukhamoy Chakravarty (1987), ‘Foundations of India’s Development Strategy: The Nehru-Mahalanobis Approach’9. I.M.D. Little (1960), ‘The Strategy of Indian Development’10. Meghnad Desai (1998), ‘Development Perspectives: Was there an Alternative to Mahalanobis?’11. Angus Maddison (1971), ‘Reasons for the Acceleration of Economic Growth since Independence’12. Amartya Sen (1986), ‘How Is India Doing?’13. Jagdish Bhagwati (1998), ‘The Design of Indian Development’14. Swadesh R. Bose (1983), ‘The Pakistan Economy Since Independence (1947-70)’15. Alia Ahmad (1993), ‘Economic Reforms Under an Import-Substitution Regime: The Experience of Bangladesh’16. Sarath Rajapatirana (1988), ‘Foreign Trade and Economic Development: Sri Lanka’s Experience’17. Donald R. Snodgrass (1974), ‘Sri Lanka’s Economic Development During Twenty-five Years of Independence’PART IIILIBERALIZATION AND ECONOMIC ADJUSTMENT 18. Arvind Panagariya (1999), ‘Trade Policy in South Asia: Recent Liberalisation and Future Agenda’19. I.M.D. Little (1996), ‘India’s Economic Reforms 1991–96’20. Nirupam Bajpai and Jeffrey D. Sachs (1997), ‘India’s Economic Reforms: Some Lessons from East Asia’21. Deepak Lal (1995), ‘India and China: Contrasts in Economic Liberalization?’22. Prabhat Patnaik and C.P. Chandrasekhar (1998), ‘India: Dirigisme, Structural Adjustment, and the Radical Alternative’23. Keith Griffin (1998), ‘Comment on "India: Dirigisme, Structural Adjustment, and the Radical Alternative"’24. M. Ghaffar Chaudhry (1995), ‘Economic Liberalization of Pakistan’s Economy: Trends and Repercussions’25. Pradumna B. Rana (1997), ‘Reforms in Bangladesh: A Comparative Assessment in Relation to Other South Asian Countries’26. Mario I. Blejer and Gyorgy Szapary (1991), ‘The "Gulliver Effect" and the "Optimal Divergence" Approach to Trade Policies: The Case of Nepal’27. Donald R. Snodgrass (1999), ‘The Economic Development of Sri Lanka: A Tale of Missed Opportunities’PART IVTHE POLITICAL ECONOMY OF DEVELOPMENT POLICY 28. Pranab Bardhan (1984/1998), ‘Epilogue: The Political Economy of Reform in India’29. Vijay Joshi (1995), ‘Democracy and Development in India’30. Gunnar Myrdal (1968), ‘Corruption – Its Causes and Effects’31. George Rosen (1982), ‘Gandhian Economics: A Schumpeterian Perspective’32. Fahimul Quadir (2000), ‘The Political Economy of Pro-market Reforms in Bangladesh: Regime Consolidation through Economic Liberalization?’33. Mick Moore (1990), ‘Economic Liberalization versus Political Pluralism in Sri Lanka?’34. David Dunham and Saman Kelegama (1997), ‘Does Leadership Matter in the Economic Reform Process? Liberalization and Governance in Sri Lanka, 1989–93’35. George Rosen (1987), ‘Western Economists in South Asia: Some Afterthoughts on an Experience’Name IndexVolume II AcknowledgementsAn introduction by the editor to all three volumes appears in Volume IPART IAGRICULTURE AND THE RURAL ECONOMY 1. Raisuddin Ahmed (1996), ‘Agricultural Market Reforms in South Asia’2. S.K. Jayasuriya and R.T. Shand (1986), ‘Technical Change and Labor Absorption in Asian Agriculture: Some Emerging Trends’3. B.H. Farmer (1979), ‘The “Green Revolution” in South Asian Ricefields: Environment and Production’4. Ashok Gulati (1999), ‘Economic Reforms and the Rural Sector in India’5. Mark W. Rosegrant and Robert E. Evenson (1993), ‘Agricultural Productivity Growth in Pakistan and India: A Comparative Analysis’6. Mohammad Alauddin and Clem Tisdell (1995), ‘Labor Absorption and Agricultural Development: Bangladesh’s Experience and Predicament’7. Gamani Corea (1973), ‘Economic Planning, the Green Revolution and the "Food Drive" in Ceylon’8. David Dunham (1993), ‘Crop Diversification and Export Growth: Dynamics of Change in the Sri Lankan Peasant Sector’PART IIINDUSTRIALIZATION 9. Ian M.D. Little (1982), ‘Indian Industrialization Before 1945’10. Anne O. Krueger (1975), ‘Industrial Development Policies in India’11. Isher Judge Ahluwalia (1994), ‘The Role of Trade Policy in Indian Industrialization’12. Ranadev Banerji and James Riedel (1980), ‘Industrial Employment Expansion under Alternative Trade Strategies: Case of India and Taiwan: 1950–1970’13. Pravin Krishna and Devashish Mitra (1998), ‘Trade Liberalization, Market Discipline and Productivity Growth: New Evidence from India’14. Deepak Nayyar (1994), ‘Industrial Development in India: Some Reflections on Growth and Stagnation’15. Ashok V. Desai (1980), ‘The Origin and Direction of Industrial R&D in India’16. Homi Katrak (1997), ‘Developing Countries’ Imports of Technology, In-house Technological Capabilities and Efforts: An Analysis of the Indian Experience’17. Shahnaz Rauf (1994), ‘Structure of Large-scale Manufacturing Industries of Pakistan (1950–1988)’18. A.R. Kemal (1993), ‘Why Do Small Firms Fail to Graduate to Medium and Large Firms in Pakistan?’19. Masihur Rahman and Zaid Bakht (1997), ‘Constraints to Industrial Development: Recent Reforms and Future Directions’20. Prema-chandra Athukorala and Sarath Rajapatirana (2000), ‘Liberalization and Industrial Transformation: Lessons from the Sri Lankan Experience’PART IIIFINANCIAL FACTORS IN ECONOMIC DEVELOPMENT 21. Kunal Sen and Rajendra R. Vaidya (1998), ‘India’22. Savak S. Tarapore (1998), ‘An Indian Approach to Capital-Account Convertibility’23. Norman Loayza and Rashmi Shankar (2000), ‘Private Saving in India’24. Clive Bell (1990), ‘Interactions between Institutional and Informal Credit Agencies in Rural India’25. Muhammad Yunus (1998), ‘Poverty Alleviation: Is Economics any Help? Lessons from the Grameen Bank Experience’26. John Thornton and Sri Ram Poudyal (1990), ‘Money and Capital in Economic Development: A Test of the McKinnon Hypothesis for Nepal’27. Deena Khatkhate (1982), ‘Anatomy of Financial Retardation in a Less Developed Country: The Case of Sri Lanka, 1951–1976’28. Premachandra Athukorala and Sarath Rajapatirana (1993), ‘Liberalization of the Domestic Financial Market: Theoretical Issues with Evidence from Sri Lanka’Name IndexVolume III AcknowledgementsAn introduction by the editor to all three volumes appears in Volume IPART IINTERNATIONAL DIMENSIONS: TRADE, AID AND INVESTMENT 1. T.N. Srinivasan (1998), ‘India’s Export Performance: A Comparative Analysis’2. Sanjaya Lall (1999), ‘India’s Manufactured Exports: Comparative Structure and Prospects’3. Prema-chandra Athukorala (2000), ‘Manufactured Exports and Terms of Trade of Developing Countries: Evidence from Sri Lanka’4. John W. Mellor (1976), ‘The Legacy of Foreign Aid’5. Narayan Khadka (2000), ‘U.S. Aid to Nepal in the Cold War Period: Lessons for the Future’6. Sanjaya Lall (1993), ‘Foreign Direct Investment in South Asia’7. Suma Athreye and Sandeep Kapur (2001), ‘Private Foreign Investment in India: Pain or Panacea?’8. Stephen Guisinger (1997), ‘The Effects of the Foreign Direct Investment Liberalisation on Pakistan’9. M. Yunus Ali (1999), ‘Economic Liberalisation and Growth in Bangladesh: The Role of Foreign Private Investment’10. Ramesh Chitrakar and John Weiss (1995), ‘Foreign Investment in Nepal in the 1980s: A Cost Benefit Evaluation’11. Premachandra Athukorala (1995), ‘Foreign Direct Investment and Manufacturing for Export in a New Exporting Country: The Case of Sri Lanka’PART IIPOPULATION DYNAMICS AND HUMAN RESOURCE DEVELOPMENT 12. Mamta Murthi, Anne-Catherine Guio and Jean Drèze (1995), ‘Mortality, Fertility, and Gender Bias in India: A District-level Analysis’13. John C. Caldwell, Barkat-e-Khuda, Bruce Caldwell, Indrani Pieris and Pat Caldwell (1999), ‘The Bangladesh Fertility Decline: An Interpretation’14. C.M. Langford (1996), ‘Reasons for the Decline in Mortality in Sri Lanka Immediately After the Second World War: A Re-examination of the Evidence’15. Ranjan Ray (2000), ‘Child Labor, Child Schooling, and Their Interaction with Adult Labor: Empirical Evidence for Peru and Pakistan’16. Sanat Kumar Saha (1996), ‘Literacy and Development in South Asia’17. Mahabub Hossain (1990), ‘Returns from Education in Rural Bangladesh’18. Peter R. Moock and Joanne Leslie (1986), ‘Childhood Malnutrition and Schooling in the Terai Region of Nepal’PART IIIPOVERTY AND INCOME DISTRIBUTION 19. Jagdish N. Bhagwati (1988), ‘Poverty and Public Policy’20. Kaushik Basu (1995), ‘The Elimination of Endemic Poverty in South Asia: Some Policy Options’21. T.N. Srinivasan (2000), ‘Poverty and Undernutrition in South Asia’22. Jean Drèze and Amartya Sen (1989), ‘China and India’23. Martin Ravallion (2000), ‘Prices, Wages and Poverty in Rural India: What Lessons do the Time Series Data Hold for Policy?’24. Stephen Guisinger and Norman L. Hicks (1978), ‘Long-term Trends in Income Distribution in Pakistan’25. Gustav Ranis and Frances Stewart (1997), ‘Growth and Human Development: Pakistan in Comparative Perspective’26. Akhter U. Ahmed, Haider A. Khan and Rajan K. Sampath (1991), ‘Poverty in Bangladesh: Measurement, Decomposition and Intertemporal Comparison’27. Rizwanul Islam (1984), ‘Poverty and Income Distribution in Rural Nepal’28. W.D. Lakshman (1975), ‘Economic Growth and Redistributive Justice As Policy Goals: A Study of the Recent Experience of Sri Lanka’29. Surjit S. Bhalla (1988), ‘Is Sri Lanka an Exception? A Comparative Study of Living Standards’30. Amartya Sen (1988), ‘Sri Lanka’s Achievements: How and When’31. David Dunham and Sisira Jayasuriya (2000), ‘Equity, Growth and Insurrection: Liberalization and the Welfare Debate in Contemporary Sri Lanka’Name Index