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Author: Tirthankar Roy
Publisher: University of Chicago Press
ISBN: 022679914X
Category : Business & Economics
Languages : en
Pages : 309
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Book Description
An essential history of India's economic growth since 1947, including the legal reforms that have shaped the country in the shadow of colonial rule. Economists have long lamented how the inefficiency of India's legal system undermines the country’s economic capacity. How has this come to be? The prevailing explanation is that the postcolonial legal system is understaffed and under-resourced, making adjudication and contract enforcement slow and costly. Taking this as given, Law and the Economy in a Young Democracy examines the contents and historical antecedents of these laws, including how they have stifled economic development. Economists Roy and Swamy argue that legal evolution in independent India has been shaped by three factors: the desire to reduce inequality and poverty; the suspicion that market activity, both domestic and international, can be detrimental to these goals; and the strengthening of Indian democracy over time, giving voice to a growing fraction of society, including the poor. Weaving the story of India's heralded economic transformation with its social and political history, Roy and Swamy show how inadequate legal infrastructure has been a key impediment to the country's economic growth during the last century. A stirring and authoritative history of a nation rife with contradictions, Law and the Economy in a Young Democracy is essential reading for anyone seeking to understand India's current crossroads—and the factors that may keep its dreams unrealized.
Author: Tirthankar Roy
Publisher: University of Chicago Press
ISBN: 022679914X
Category : Business & Economics
Languages : en
Pages : 309
Get Book Here
Book Description
An essential history of India's economic growth since 1947, including the legal reforms that have shaped the country in the shadow of colonial rule. Economists have long lamented how the inefficiency of India's legal system undermines the country’s economic capacity. How has this come to be? The prevailing explanation is that the postcolonial legal system is understaffed and under-resourced, making adjudication and contract enforcement slow and costly. Taking this as given, Law and the Economy in a Young Democracy examines the contents and historical antecedents of these laws, including how they have stifled economic development. Economists Roy and Swamy argue that legal evolution in independent India has been shaped by three factors: the desire to reduce inequality and poverty; the suspicion that market activity, both domestic and international, can be detrimental to these goals; and the strengthening of Indian democracy over time, giving voice to a growing fraction of society, including the poor. Weaving the story of India's heralded economic transformation with its social and political history, Roy and Swamy show how inadequate legal infrastructure has been a key impediment to the country's economic growth during the last century. A stirring and authoritative history of a nation rife with contradictions, Law and the Economy in a Young Democracy is essential reading for anyone seeking to understand India's current crossroads—and the factors that may keep its dreams unrealized.
Author: Jeffrey Witsoe
Publisher: University of Chicago Press
ISBN: 022606350X
Category : Social Science
Languages : en
Pages : 254
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Book Description
Hidden behind the much-touted success story of India’s emergence as an economic superpower is another, far more complex narrative of the nation’s recent history, one in which economic development is frequently countered by profoundly unsettling, and often violent, political movements. In Democracy against Development, Jeffrey Witsoe investigates this counter-narrative, uncovering an antagonistic relationship between recent democratic mobilization and development-oriented governance in India. Witsoe looks at the history of colonialism in India and its role in both shaping modern caste identities and linking locally powerful caste groups to state institutions, which has effectively created a postcolonial patronage state. He then looks at the rise of lower-caste politics in one of India’s poorest and most populous states, Bihar, showing how this increase in democratic participation has radically threatened the patronage state by systematically weakening its institutions and disrupting its development projects. By depicting democracy and development as they truly are in India—in tension—Witsoe reveals crucial new empirical and theoretical insights about the long-term trajectory of democratization in the larger postcolonial world.
Author: Tirthankar Roy
Publisher: MIT Press
ISBN: 0262369273
Category : Nature
Languages : en
Pages : 231
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Book Description
How interventions to mitigate climate-caused poverty and inequality in India came at a cost to environmental sustainability. In the monsoon regions of South Asia, the rainy season sustains life but brings with it the threat of floods, followed by a long stretch of the year when little gainful work is possible and the threat of famine looms. Beginning in the late nineteenth century, a series of interventions by Indian governments and other actors mitigated these conditions, enabling agricultural growth, encouraging urbanization, and bringing about a permanent decrease in death rates. But these actions—largely efforts to ensure wider access to water—came at a cost to environmental sustainability. In Monsoon Economies, Tirthankar Roy explores the interaction between the environment and the economy in the emergence of modern India. Roy argues that the tropical monsoon climate makes economic and population growth contingent on water security. But in a water-scarce world, the means used to increase water security not only created environmental stresses but also made political conflict more likely. Roy investigates famine relief, the framing of a seasonal “water famine,” and the concept of public trust in water; the political movements that challenged socially sanctioned forms of deprivation; water as a public good; water quality in cities; the shift from impounding river water in dams and reservoirs to exploring groundwater; the seasonality of a monsoon economy; and economic lessons from India for a world facing environmental degradation.
Author: John Zubrzycki
Publisher: The Experiment, LLC
ISBN: 1615199985
Category : History
Languages : en
Pages : 232
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Book Description
5,000 years of history—from the Bhagavad Gita to Bollywood—fill this masterful portrait of the world’s most populous nation and a rising global power. The Shortest History books deliver thousands of years of history in one riveting, fast-paced read. India—a cradle of civilization with five millennia of history, a country of immense consequence and contradiction—often defies ready understanding. What holds its people together—across its many cultures, races, languages, and creeds—and how has India evolved into the liberal democracy it is today? From the Harappan era to Muslim invasions, the Great Mughals, British rule, independence, and present-day hopes, John Zubrzycki distills India’s colossal history into a gripping true story filled with legendary lives: Alexander the Great, Akbar, Robert Clive, Tipu Sultan, Lakshmi Bai, Lord Curzon, Jinnah, and Gandhi. India’s gifts to the world include Buddhism, yoga, the concept of zero, the largest global diaspora—and its influence is only growing. Already the world’s largest democracy, in 2023, India became the most populous nation. Can India overcome its political, social, and religious tensions to be the next global superpower? As the world watches—and wonders—this Shortest History is an essential, clarifying read.
Author: Bimal Jalan
Publisher: Rupa Publications India Pvt Limited
ISBN: 9789390918812
Category :
Languages : en
Pages : 216
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Book Description
Based on extensive research and data, and aided by Bimal Jalan's experience as the former Governor of the Reserve Bank of India, this book gives us a vision for the way ahead. Since 2014, the political profile of the Indian Union government has changed dramatically. After a long period of coalitions and their innate issues and delays they bring to the reform process, we have a government that has a majority on its own. This puts India in a great place to initiate some strong, much-needed political and economic reforms in order to promote overall national interests. Before diving in, it is important to look back and learn from our past experiences, so that we don't repeat the same mistakes. And who better than Bimal Jalan to take us through India's economic past. Divided into two sections, 'Learning from our Economic Past' and 'Beyond the Metrics of Economy', the essays in this volume cover a range of topics-from economic and political reforms to good governance-and a recounting of the lessons they provide is bound to contribute immensely to the contemporary debate about India's approach to its economy and political reforms in the twenty-first century. Bimal Jalan-long-standing witness to India's trajectory through the decades-gives us a complete picture of the country's economic journey so far. In the pages of this book, we read about broad issues of development policy, the role of science and technology, exchange rate management, globalization and more-all significant themes in the ongoing debate on India's approach to economic reforms towards 2025 and beyond. As Indians, and indeed the world, face challenging times, the recounting of tales from India's economic history, when accompanied by the observations and wisdom of a senior economist like Bimal Jalan, can help allay fears and give optimism for the times to come.
Author: Mytheli Sreenivas
Publisher: University of Washington Press
ISBN: 0295748850
Category : Social Science
Languages : en
Pages : 285
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Book Description
Open-access edition: DOI 10.6069/9780295748856 Beginning in the late nineteenth century, India played a pivotal role in global conversations about population and reproduction. In Reproductive Politics and the Making of Modern India, Mytheli Sreenivas demonstrates how colonial administrators, postcolonial development experts, nationalists, eugenicists, feminists, and family planners all aimed to reform reproduction to transform both individual bodies and the body politic. Across the political spectrum, people insisted that regulating reproduction was necessary and that limiting the population was essential to economic development. This book investigates the often devastating implications of this logic, which demonized some women’s reproduction as the cause of national and planetary catastrophe. To tell this story, Sreenivas explores debates about marriage, family, and contraception. She also demonstrates how concerns about reproduction surfaced within a range of political questions—about poverty and crises of subsistence, migration and claims of national sovereignty, normative heterosexuality and drives for economic development. Locating India at the center of transnational historical change, this book suggests that Indian developments produced the very grounds over which reproduction was called into question in the modern world. The open-access edition of Reproductive Politics and the Making of Modern India is freely available thanks to the TOME initiative and the generous support of The Ohio State University Libraries.
Author: Gurcharan Das
Publisher: Anchor
ISBN: 0385720742
Category : History
Languages : en
Pages : 434
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Book Description
India today is a vibrant free-market democracy, a nation well on its way to overcoming decades of widespread poverty. The nation’s rise is one of the great international stories of the late twentieth century, and in India Unbound the acclaimed columnist Gurcharan Das offers a sweeping economic history of India from independence to the new millennium. Das shows how India’s policies after 1947 condemned the nation to a hobbled economy until 1991, when the government instituted sweeping reforms that paved the way for extraordinary growth. Das traces these developments and tells the stories of the major players from Nehru through today. As the former CEO of Proctor & Gamble India, Das offers a unique insider’s perspective and he deftly interweaves memoir with history, creating a book that is at once vigorously analytical and vividly written. Impassioned, erudite, and eminently readable, India Unbound is a must for anyone interested in the global economy and its future.
Author: Jean Drèze
Publisher: Princeton University Press
ISBN: 1400848776
Category : Business & Economics
Languages : en
Pages : 453
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Book Description
Why India's problems won't be solved by rapid economic growth alone When India became independent in 1947 after two centuries of colonial rule, it immediately adopted a firmly democratic political system, with multiple parties, freedom of speech, and extensive political rights. The famines of the British era disappeared, and steady economic growth replaced the economic stagnation of the Raj. The growth of the Indian economy quickened further over the last three decades and became the second fastest among large economies. Despite a recent dip, it is still one of the highest in the world. Maintaining rapid as well as environmentally sustainable growth remains an important and achievable goal for India. In An Uncertain Glory, two of India's leading economists argue that the country's main problems lie in the lack of attention paid to the essential needs of the people, especially of the poor, and often of women. There have been major failures both to foster participatory growth and to make good use of the public resources generated by economic growth to enhance people's living conditions. There is also a continued inadequacy of social services such as schooling and medical care as well as of physical services such as safe water, electricity, drainage, transportation, and sanitation. In the long run, even the feasibility of high economic growth is threatened by the underdevelopment of social and physical infrastructure and the neglect of human capabilities, in contrast with the Asian approach of simultaneous pursuit of economic growth and human development, as pioneered by Japan, South Korea, and China. In a democratic system, which India has great reason to value, addressing these failures requires not only significant policy rethinking by the government, but also a clearer public understanding of the abysmal extent of social and economic deprivations in the country. The deep inequalities in Indian society tend to constrict public discussion, confining it largely to the lives and concerns of the relatively affluent. Drèze and Sen present a powerful analysis of these deprivations and inequalities as well as the possibility of change through democratic practice.
Author: Rakesh Mohan
Publisher: Brookings Institution Press
ISBN: 0815736622
Category : Business & Economics
Languages : en
Pages : 491
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Book Description
In this commemorative volume, India's top business leaders and economic luminaries come together to provide a balanced picture of the consequences of the country’s economic reforms, which were initiated in 1991. What were the reforms? What were they intended for? How have they affected the overall functioning of the economy? With contributions from Mukesh Ambani, Narayana Murthy, Sunil Mittal, Kiran Mazumdar-Shaw, Shivshankar Menon, Montek Singh Ahluwalia, T.N. Ninan, Sanjaya Baru, Naushad Forbes, Omkar Goswami and R. Gopalakrishnan, India Transformed delves deep into the life of an economically liberalized India through the eyes of the people who helped transform it.
Author: Sanjay Ruparelia
Publisher: Routledge
ISBN: 1136816488
Category : Social Science
Languages : en
Pages : 356
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Book Description
A number of large-scale transformations have shaped the economy, polity and society of India over the past quarter century. This book provides a detailed account of three that are of particular importance: the advent of liberal economic reform, the ascendance of Hindu cultural nationalism, and the empowerment of historically subordinate classes through popular democratic mobilizations. Filling a gap in existing literature, the book goes beyond looking at the transformations in isolation, managing to: • Explain the empirical linkages between these three phenomena • Provide an account that integrates the insights of separate disciplinary perspectives • Explain their distinct but possibly related causes and the likely consequences of these central transformations taken together By seeking to explain the causal relationships between these central transformations through a coordinated conversation across different disciplines, the dynamics of India’s new political economy are captured. Chapters focus on the political, economic and social aspects of India in their current and historical context. The contributors use new empirical research to discuss how India’s multidimensional story of economic growth, social welfare and democratic deepening is likely to develop. This is an essential text for students and researchers of India's political economy and the growth economies of Asia.
