Regional Imbalance: History and Beyond


Vol NO: VOL. 14, ISSUE 85,

"They say three things are important in business  location, and location. This is true for development also, as across the globe it has come to be dependent on business, mostly private, since the late eighties. To be fair, this is not new in the history of the world; both colonial Asia and the new world rose because of their locational advantages and fell as that lamp went out slowly but surely. Between the Second World War (1939) and the late seventies, several countries across the world were seriously contemplating regional imbalance as one of the major concern plaguing the society and accordingly, policies were tuned to bridge that gap. Since emergence of a unipolar world in the nineties, such efforts were thrown out of the window as competitiveness, efficiency and market mechanism became the buzzword of a new liberal world order. While the resultant policy regime has created enormous opportunities for some regions, others have languished as there is no mechanism anymore to cradle and nurse the geographically disadvantaged regions. If anything, they have faced newer forms of discrimination as administrative boundaries created artificial barriers to the natural flow of development. Take the village of Bangshabati for example. Located close to the border between Mur

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    Rajarshi Majumder

    Regional imbalance in India is gigantic and spiraling. Convergence of administrative and developmental boundaries and increasing micro approach to development planning is the primary reason. It is time to look beyond administrative boundaries and restart regional integrated planning.

    "The Author is Associate Professor, Department of Economics, University of Burdwan, West Bengal."

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