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Q77 (CDS-II/2006) Economy › Growth, Development, Poverty & Employment › Income and development levels Answer Verified

‘Asian Drama’, by Gunnar Karl Myrdal, is a book on which of the following subjects ?

Result
Your answer:  ·  Correct: B
Explanation

‘Asian Drama: An Inquiry into the Poverty of Nations’ is the magnum opus of Gunnar Myrdal, a Nobel Prize-winning Swedish economist. Published in 1968, the three-volume work is a comprehensive study of the economics of South Asia, focusing on the problems of development, poverty, and economic backwardness. Myrdal, an internationally renowned economist and sociologist, analyzed the socio-economic conditions of the region, including factors like population, social traditions, and political structures that influence economic progress. The book is considered a landmark in development economics, challenging traditional Western economic theories by emphasizing that institutional and social factors are inseparable from economic ones in the context of developing nations. Despite the title's use of the word 'Drama', it refers to the historical and economic struggle of nations rather than theatrical movements.

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