India - The Political Economy of Growth, Stagnation and the State, 1951-2007

India - The Political Economy of Growth, Stagnation and the State, 1951-2007 PDF Author: Matthew McCartney
Publisher: Routledge
ISBN: 1134023219
Category : Business & Economics
Languages : en
Pages : 305

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Book Description
Understanding the drivers and inhibitors of economic growth is critical for promoting development in less developed countries, including India. This book examines economic growth in India from 1951 to the present, challenging many accepted orthodox views. It argues that growth and stagnation should be considered over the medium term, and that the precise role of the state – in relation to particular historical and political-economic circumstances – is more important than the overall level of state involvement or disengagement. The book uses an empirical approach to contend that the state has an important role in several key areas including: mobilising a surplus; allocating the surplus in an efficient way to productive investment projects; and in building institutions (including political parties) through which conflict can managed between the different losers and rent-seekers affected by economic changes. It shows how, over time and in periods of growth and stagnation, the state in India has acted in key areas, and how the actions of the state has had a profound impact on economic outcomes. Overall, the book makes a major contribution to understanding the economic history of development in India and to understanding the role of the state in economic development more generally.

India - The Political Economy of Growth, Stagnation and the State, 1951-2007

India - The Political Economy of Growth, Stagnation and the State, 1951-2007 PDF Author: Matthew McCartney
Publisher: Routledge
ISBN: 1134023219
Category : Business & Economics
Languages : en
Pages : 305

Get Book

Book Description
Understanding the drivers and inhibitors of economic growth is critical for promoting development in less developed countries, including India. This book examines economic growth in India from 1951 to the present, challenging many accepted orthodox views. It argues that growth and stagnation should be considered over the medium term, and that the precise role of the state – in relation to particular historical and political-economic circumstances – is more important than the overall level of state involvement or disengagement. The book uses an empirical approach to contend that the state has an important role in several key areas including: mobilising a surplus; allocating the surplus in an efficient way to productive investment projects; and in building institutions (including political parties) through which conflict can managed between the different losers and rent-seekers affected by economic changes. It shows how, over time and in periods of growth and stagnation, the state in India has acted in key areas, and how the actions of the state has had a profound impact on economic outcomes. Overall, the book makes a major contribution to understanding the economic history of development in India and to understanding the role of the state in economic development more generally.

Pakistan - The Political Economy of Growth, Stagnation and the State, 1951-2009

Pakistan - The Political Economy of Growth, Stagnation and the State, 1951-2009 PDF Author: Matthew McCartney
Publisher: Routledge
ISBN: 1136709452
Category : Political Science
Languages : en
Pages : 330

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Book Description
This book provides a comprehensive reassessment of the development of the economy of Pakistan since independence to the present. It employs a rigorous statistical methodology, which has applicability to other developing economies, to define and measure episodes of growth and stagnation, and to examine how the state has contributed to each. Contesting the orthodox view that liberalisation has been an important driver of growth in Pakistan, the book places the state at the centre of economic development, rather than the market. It examines the state in relation to its economic roles in mobilising resources and promoting a productive allocation of those resources, and its political roles in managing the conflict inherent in economic development. The big conclusions for economic growth in Pakistan are that liberalisation, the market and the external world economy in fact have less influence than that of the state and conflict. Overall, the book offers analyses of the different successive approaches to promoting economic growth and development in Pakistan, relates these to medium-term economic outcomes - periods of growth and stagnation - and thereby explains how the mechanisms by which the state can better promote growth and development.

The Indian Economy

The Indian Economy PDF Author: Matthew Mccartney
Publisher: World Economies
ISBN: 9781788210096
Category : Political Science
Languages : en
Pages : 240

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Book Description
This book explains the development of the Indian economy since independence and partition. Matthew McCartney uses case studies of poverty and inequality, of education, health, work, and gender issues to outline the human story behind the economic figures and performance indicators.

Political Economy, Growth and Liberalisation in India, 1991-2008

Political Economy, Growth and Liberalisation in India, 1991-2008 PDF Author: Matthew McCartney
Publisher: Routledge
ISBN: 1135178798
Category : Business & Economics
Languages : en
Pages : 256

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Book Description
The phenomenal growth and liberalisation of the Indian economy has been the subject of extensive scholarly documentation and competing interpretations. This book examines the key period of liberalisation in India from 1991 to 2008. It analyses the relationship between growth and liberalisation and, in particular, the recent ‘miracle growth rate’ and considers its sustainability in the current Indian economic environment. The book explores and re-evaluates the historical experience of planning in India between 1950 and 1980 as an alternative model of state-led economic development, discusses how far current rapid growth is the result of liberalisation, and how strong the case is for continued liberalisation today. The book is a significant contribution to the growing debate on economic growth and liberalisation, and the broader subject of economic development in India and other developing countries. It will appeal to students, researchers, lecturers and all those interested in South Asia in general and, India, in particular. It is also an essential resource for the study of international political economy and development economics.

The Political Economy of India's Growth Episodes

The Political Economy of India's Growth Episodes PDF Author: Sabyasachi Kar
Publisher: Springer
ISBN: 1352000261
Category : Political Science
Languages : en
Pages : 105

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Book Description
‘This book is different from most other attempts to understand the politics of Indian economic development. Breaking down the last 65+ years of Indian development into several episodes of growth, it provides a rich set of insights into the political economy of the Indian development process and is a valuable addition to the literature.’ –Pranab Bardham, University of California, Berkeley, USA ‘Sustained economic growth in the world's largest democracy is critically important to human well-being, but the ups and downs of growth in India are not well-understood. This book provides a fresh and insightful approach to understanding what drives the starts of booms and the onset of slowdowns.’ –Lant Pritchett, Harvard University, USA ‘This is a little book with big arguments. The authors' explanation of the changing character of the deals done between political and business elites makes for the most original contribution to studies of the political economy of Indian development since Pranab Bardhan's seminal work of the early 1980s’ –John Harriss, Simon Fraser University, Vancouver, Canada This book moves beyond the usual economic analysis of the Indian growth story and provides a fresh perspective on the determinants of growth episodes in post-independence India, based on its political economy. Using a robust and novel technique, the authors identify four such episodes during this period. The first, running from the 1950s to 1992, was mostly characterized by economic stagnation, with a nascent recovery in the eighties. The second, covering the period 1993 to 2001, witnessed the first growth acceleration in the economy. A second acceleration ran from 2002 to 2010. The fourth and final episode started with the slowdown in 2010 and continues to this day. The book provides a theoretical framework that focuses on rent-structures, institutions and the polity, and demonstrates how changes in these can explain the four growth episodes. Kar and Sen argue that the transitions from one growth episode to another can be explained by the bi-directional relationship between growth outcomes and institutional arrangements, and by the manner in which institutional arrangements and their transitions are determined by the political bargains struck between the elite groups in Indian society.

Political Economy of Contemporary India

Political Economy of Contemporary India PDF Author: R. Nagaraj
Publisher: Cambridge University Press
ISBN: 1107164958
Category : Business & Economics
Languages : en
Pages : 384

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Book Description
""Deals with the issues at the intersecting domains of economics and politics"--Provided by publisher"--

The Political Economy of Development in India

The Political Economy of Development in India PDF Author: Pranab BARDHAN
Publisher:
ISBN: 9780195624229
Category : India
Languages : en
Pages : 118

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Book Description


State and Capitalist Development in India

State and Capitalist Development in India PDF Author: Surinder Kumar
Publisher: Taylor & Francis
ISBN: 1003830889
Category : Political Science
Languages : en
Pages : 388

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Book Description
This book seeks to encourage dialectical methods through the interaction of economic, political and social factors to approach social analysis. It examines various emerging issues in society in the era of globalization. The issues raised in the critique will benefit scholars in comprehending social reality with a new perspective and approach. This book will help policymakers look at more realistic conclusions for policy making. This title is co-published with Aakar Books. Print editions not for sale in South Asia (India, Sri Lanka, Nepal, Bangladesh, Pakistan and Bhutan).

Facets of India's Economy and Her Society Volume I

Facets of India's Economy and Her Society Volume I PDF Author: Raghbendra Jha
Publisher: Springer
ISBN: 1137565543
Category : Business & Economics
Languages : en
Pages : 334

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Book Description
‘Jha is the right scholar and economist to take readers through the development of the Indian economy. Readers will be in good hands.’ —Edmund Phelps, Columbia University, USA, and winner of the 2006 Nobel Prize in Economics ‘This is perhaps the best and most scholarly contribution to understanding the Indian Economy and Society. Its rich historical perspective and a profound understanding of how India has evolved into a major economic power set standards of scholarship and analytical rigour that will be hard to surpass". —Raghav Gaiha, University of Manchester, UK ‘Linking of economy and society is increasingly recognised as essential for addressing policy challenges by the current phase of globalisation. As such this study should be valuable not just for those studying India, but also for those interested in global developments.’ —Mukul Asher, National University of Singapore, Singapore ‘This book is a tour-de-force review of the fundamental topics on the Indian political economy and society that are relevant for any committed social scientist to be aware of.’ —Sumit K. Majumdar, University of Texas at Dallas, USA This two-volume work provides an account of how India has been meeting its myriad of economic, political and social challenges and how things are expected to evolve in the future. Despite enormous challenges at the time of independence, India chose to address them within a secular, liberal, democratic framework, which guaranteed several fundamental rights. Challenges included intense mass poverty and hunger, very poor literacy and educational abilities of the population, the task of uniting a country with scores of languages and ethnicities ruled by different entities for decades and persistent threats of external aggression, to name just a few. Over time, incomes and opportunities have expanded enormously and India has regained her self-confidence as a nation. In this first volume, Jha presents a long view of the performance of the Indian economy and discusses key aspects of India’s population, land and labor. In addition, the Indian Constitution and basic structure of governance are analysed within the context of major economic and political developments in independent India.

India, a Political Economy of Stagnation

India, a Political Economy of Stagnation PDF Author: Prem Shankar Jha
Publisher: Delhi : Oxford University Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 338

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Book Description
This Book Examines The Problems Of Slagnation In The Indian Ecoomy, Particularly At The End Of The Third Plan Around 1965. Inscribed On The Title Page.