PrefaceAcknowledgementsChapter 1: IntroductionIntroductionThe Impact of LPG on South Asian Countries: A Brief Literature ReviewIndicators of DevelopmentOrganization of the ChaptersChapter 2: Revisiting Wagner's Law, PW Hypothesis and Structural BreakWagner's LawPW Hypothesis (the Displacement Effect Hypothesis) and the Related StudiesPW Hypothesis and the Rationale of Interpreting It as a Theory of Structural BreakMethodological Issues in Testing the PW HypothesisTime versus Per Capita IncomeConclusions about the PW Hypothesis'Global' (Major) versus 'Non-Global' Social UpheavalCritical Re-examination of Wagner's Law and the PW HypothesisChanges in the Economic Policies and Assessment of Its ImpactObjective of the Present Study and the MethodologyChapter 3: Liberalization, Privatization and Globalization (LPG) in the SAARC Countries in Historical PerspectiveThe Inception of SAARC: A Brief BackgroundLPG in SAARC Countries: A Brief Literature ReviewBrief Historical Background of the Indian Subcontinent and Economic LiberalizationObservationChapter 4: Impact of LPG on the Growth of Development IndicatorsIntroductionSection IGraphical Analysis with Respect to Policy ChangeConcluding RemarkSection IITrend AnalysisChapter 5: Determinants of Development Indicators in the Post LPG EraIntroductionObjectives and the Rationale of Determinant StudyFindingsComparison of the Determinants of the Development Indicators across the SAARC CountriesChapter 6: Summary and ConclusionsConclusions on Wagner's' Law and PW HypothesisGrowth of Macro-variables and Impact AssessmentSAARC CountriesSummary of the Empirical Findings: A Concluding RemarkLimitations of the StudyAppendices: Tables and Statistical OutputBibliographyIndex.