The role of the state and economic development: how far South Asian states have worked responsibly?
Tikiri Nimal Herath
(University of Sri Jayawardenepura)
Paper short abstract:
At present, South Asian people have many socio-economic and political problems. Poverty is one. This study examines whether the South Asian countries have played proper role of the state as accepted by the economists. The study analyzes state related variables.
Paper long abstract:
Both private and public sectors have to play valuable complementary roles in economic development. Government is functioning in charge of the state which is expected to correct and facilitate the market. Thus, government is the leader of an economy or a country. If it fails, people cannot lead fine lives. At present, South Asian people have many socio-economic and political problems, namely poverty, illiteracy, inequality of income distribution, violence against women, pollution, unemployment, and exploitation of child labor and other child problems. Specifically speaking, in South Asia, 45 percent of the population lives on less than one dollar a day. Some countries do not concentrate on development. Instead, they have entangled in civil struggles, infringement of human rights, failures of government such as corruption etc. Therefore, this study examines whether the South Asian countries have played proper role of the state as accepted by economists. This objective is achieved by analyzing state related variables such as degree of income distribution, corruption, rule of law, road density, inflation, education, health etc over time and comparing between economies. The study concludes that South Asian states have to do much more to promote growth and development so that people in these countries could lead free, healthy, fine and calm lives.
The changing nature of political economy and development in South Asian societies: readings from the fields and its publics