Review of Jayatilleke S. Bandara, Prema-chandra Athukorala, and Saman Kelegama, (Eds.) 2011. Trade liberalisation and poverty in South Asia.

Alluri, Rina M.. (2012) Review of Jayatilleke S. Bandara, Prema-chandra Athukorala, and Saman Kelegama, (Eds.) 2011. Trade liberalisation and poverty in South Asia. Journal of International and Global Studies, 4 (1). p. 18.

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There is often a disjuncture between political economists and development economists in their view of a country’s process of liberalization, the impacts of national reforms on local life, and the successes and failures of trade on a country’s poor. The authors of Trade Liberalisation and Poverty in South Asia argue that economic liberalization, generally, and trade policy reforms, specifically, have a role in the success (or failure) of economic performance poverty reduction efforts in South Asia. The book analyzes three key areas. It questions the relevance of analyzing the interrelationship between trade liberalization and poverty in the context of South Asia. Editors Athukorala, Bandara, and Kelegama place an emphasis on how South Asian countries have often turned to import substitutions due to the ideological value of such a strategy and its potential to help move developing countries away from commodity-dependent economies, which were allegedly created strategically by ex-colonial powers. The ability of (particularly small) South Asian countries to implement reforms that enable to them to promote their domestic products while achieving economic independence from former colonial powers as well as from other regional and international powers remains a key struggle that is highlighted and revisited throughout the book. At the source of the book, there appears to be an underlying question: By understanding the liberalization process of a country, can we begin to understand why poverty is created and sustained? And further, can trade liberalization act as a potential solution to reducing poverty? As there is a dearth of statistical and empirical data analyzing the trade-poverty nexus, there remains a need to continue to carry out both quantitative as well as qualitative research on this topic. This book is an important contribution to literature on understanding how trade liberalization in South Asia has developed, but more specifically, how this has had both a positive and negative impact on poverty reduction in these contexts.
Faculties and Departments:04 Faculty of Humanities and Social Sciences > Departement Gesellschaftswissenschaften > Fachbereich Politikwissenschaft > Politikwissenschaft (Goetschel)
09 Associated Institutions > swisspeace foundation > Business and Peace (Iff)
UniBasel Contributors:Alluri, Rina M
Item Type:Article
Article Subtype:Review Article
Note:Publication type according to Uni Basel Research Database: Journal item
Last Modified:17 Nov 2021 08:50
Deposited On:17 Nov 2021 08:50

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