ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

The Phenomenal Rise of Asia

Unfolding of Diverse Development Strategies

Resurgent Asia: Diversity in Development by Deepak Nayyar, New Delhi: Oxford University Press, 2019; pp xx + 295, ₹895.

This is a monumental piece of work and a great service to the study of the phenomenal economic transformation of Asia that has unfolded over the last half century or so. Understanding this turn in global economic history is particularly important since the continent had suffered a century or more of no economic growth before the 1950s. It is timely too, in view of the greater salience of Asias role in the global economy today, and the likelihood of this becoming even more prominent in the coming decades as the fulcrum of the global economy does make an epochal move back from the Atlantic Ocean to the Indian Ocean, where it was 200 years ago. I would expect this book to serve as a key resource for the study of Asian resurgence for some time to come.

Asia has emerged as the fastest growing region in the world over this period. This constitutes a major transition from a situation when Asia (excluding Japan), in Deepak Nayyars words, was the poorest continent in the world (p 28). Fifty years ago, this transformation would have been thought of as unimaginable. The general prognosis for the future of Asia was essentially pessimistic.

Dear Reader,

To continue reading, become a subscriber.

Explore our attractive subscription offers.

Click here

Or

To gain instant access to this article (download).


Pay
INR 59

(Readers in India)


Pay
$ 6

(Readers outside India)

Published On : 13th Jan, 2024

Support Us

Your Support will ensure EPW’s financial viability and sustainability.

The EPW produces independent and public-spirited scholarship and analyses of contemporary affairs every week. EPW is one of the few publications that keep alive the spirit of intellectual inquiry in the Indian media.

Often described as a publication with a “social conscience,” EPW has never shied away from taking strong editorial positions. Our publication is free from political pressure, or commercial interests. Our editorial independence is our pride.

We rely on your support to continue the endeavour of highlighting the challenges faced by the disadvantaged, writings from the margins, and scholarship on the most pertinent issues that concern contemporary Indian society.

Every contribution is valuable for our future.