The South Asian Context

In the last decade, Asian economies have been growing rapidly, riding on globalization, new technology, and market-oriented reforms. Unfettered economic growth has been accompanied by several social and environmental challenges. First, rapid economic growth has been accompanied by higher exploitation of natural resources and higher amount of wastes. These have adversely affected the livelihood and identities of several local communities and threatened the survival of several species that could be integral to the sustenance of the planet.1 Second, the benefits of economic growth in Asia are not reaching all sections as is evident in the lower per capita gross domestic product (GDP)2 of these economies relative ...

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