Economic growth in the South Asian realm has come about mostly as a result of ___________.

Question

Quizplus · Accepted Answer

The economic growth in the South Asian realm has been mainly due to neoliberal reforms, which include policies of deregulation, privatization, and liberalization of markets. These reforms have encouraged foreign investment, increased trade, and modernized industries in countries such as India, Bangladesh, and Sri Lanka. A free-trade agreement with the United States or increased trade with China may have contributed to economic growth, but it has not been the main driving force. Similarly, emphasizing modernizing agriculture or migration to the UK and US have not been significant factors in the region's economic growth.

Economic Growth in the South Asian Realm Has Come About