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Author: Arvind Panagariya
Publisher: Oxford University Press
ISBN: 0195315030
Category : Business & Economics
Languages : en
Pages : 546
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Book Description
The subject of India's rapid growth in the past two decades has become a prominent focus in the public eye. A book that documents this unique and unprecedented surge, and addresses the issues raised by it, is sorely needed. Arvind Panagariya fills that gap with this sweeping, ambitious survey. India: The Emerging Giant comprehensively describes and analyzes India's economic development since its independence, as well as its prospects for the future. The author argues that India's growth experience since its independence is unique among developing countries and can be divided into four periods, each of which is marked by distinctive characteristics: the post-independence period, marked by liberal policies with regard to foreign trade and investment, the socialist period during which Indira Ghandi and her son blocked liberalization and industrial development, a period of stealthy liberalization, and the most recent, openly liberal period. Against this historical background, Panagariya addresses today's poverty and inequality, macroeconomic policies, microeconomic policies, and issues that bear upon India's previous growth experience and future growth prospects. These provide important insights and suggestions for reform that should change much of the current thinking on the current state of the Indian economy. India: The Emerging Giant will attract a wide variety of readers, including academic economists, policy makers, and research staff in national governments and international institutions. It should also serve as a core text in undergraduate and graduate courses that deal with Indias economic development and policies.
Author: Arvind Panagariya
Publisher: Oxford University Press
ISBN: 0195315030
Category : Business & Economics
Languages : en
Pages : 546
Get Book Here
Book Description
The subject of India's rapid growth in the past two decades has become a prominent focus in the public eye. A book that documents this unique and unprecedented surge, and addresses the issues raised by it, is sorely needed. Arvind Panagariya fills that gap with this sweeping, ambitious survey. India: The Emerging Giant comprehensively describes and analyzes India's economic development since its independence, as well as its prospects for the future. The author argues that India's growth experience since its independence is unique among developing countries and can be divided into four periods, each of which is marked by distinctive characteristics: the post-independence period, marked by liberal policies with regard to foreign trade and investment, the socialist period during which Indira Ghandi and her son blocked liberalization and industrial development, a period of stealthy liberalization, and the most recent, openly liberal period. Against this historical background, Panagariya addresses today's poverty and inequality, macroeconomic policies, microeconomic policies, and issues that bear upon India's previous growth experience and future growth prospects. These provide important insights and suggestions for reform that should change much of the current thinking on the current state of the Indian economy. India: The Emerging Giant will attract a wide variety of readers, including academic economists, policy makers, and research staff in national governments and international institutions. It should also serve as a core text in undergraduate and graduate courses that deal with Indias economic development and policies.
Author: Arvind Panagariya
Publisher: Oxford University Press
ISBN: 019777461X
Category : Business & Economics
Languages : en
Pages : 353
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Book Description
"Economists and policy analysts can influence economic-policy outcomes at various levels. Those directly employed in the government can influence their other bureaucratic colleagues and politicians. They serve on important committees appointed to recommend solutions to specific policy problems. Reports of these committees can effectively strengthen the existing regime or inject new ideas for change. Economists and policy analysts outside the government can influence the thinking of politicians and bureaucrats through their writings, speeches, and media interviews. But they also influence broader public opinion. As educators in academic institutions, they shape the thinking of future generations"--
Author: Zorawar Daulet Singh
Publisher: Oxford University Press
ISBN: 0199095337
Category : Political Science
Languages : en
Pages : 490
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Book Description
The notion that a monolithic idea of ‘nonalignment’ shaped India’s foreign policy since its inception is a popular view. In Power and Diplomacy, Zorawar Daulet Singh challenges conventional wisdom by unveiling another layer of India’s strategic culture. In a richly detailed narrative using new archival material, the author not only reconstructs the worldviews and strategies that underlay geopolitics during the Jawaharlal Nehru and Indira Gandhi years, he also illuminates the significant transformation in Indian statecraft as policymakers redefined some of their fundamental precepts on India’s role in in the subcontinent and beyond. His contention is that those exertions of Indian policymakers are equally apposite and relevant today. Whether it is about crafting a sustainable set of equations with competing great powers, formulating an intelligent Pakistan policy, managing India’s ties with its smaller neighbours, dealing with China’s rise and Sino-American tensions, or developing a sustainable Indian role in Asia, Power and Diplomacy strikes at the heart of contemporary debates on India’s unfolding foreign policies.
Author: Ashutosh Varshney
Publisher: Cambridge University Press
ISBN: 9780521646253
Category : Business & Economics
Languages : en
Pages : 232
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Book Description
Several scholars have written about how authoritarian or democratic political systems affect industrialization in the developing countries. There is no literature, however, on whether democracy makes a difference to the power and well-being of the countryside. Using India as a case where the longest-surviving democracy of the developing world exists, this book investigates how the countryside uses the political system to advance its interests. It is first argued that India's countryside has become quite powerful in the political system, exerting remarkable pressure on economic policy. The countryside is typically weak in the early stages of development, becoming powerful when the size of the rural sector defies this historical trend. But an important constraint on rural power stems from the inability of economic interests to overpower the abiding, ascriptive identities, and until an economic construction of politics completely overpowers identities and non-economic interests, farmers' power, though greater than ever before, will remain self-limited.
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: Baljit Singh
Publisher: Routledge
ISBN: 1000090051
Category : History
Languages : en
Pages : 326
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Book Description
Jawaharlal Nehru being an architect of Indian polity, economy and foreign policy set the ball rolling. However, they have witnessed cataclysmic changes over a period of time. Indian polity has witnessed different waves of reorganisation of states, evolving democracy, spelling out of quasi-federal system and building a more inclusive political nation. Nehru set the agenda of economic development and framed the strategy of development accordingly. In this volume an attempt has made to have a fair understanding about Nehru by placing him in the context in which he worked and by taking into account the challenges that Post-Colonial India was facing during his time. However, the problems faced by the neo-liberal economy, and the challenges confronting Indian polity and foreign policy have again invoked the relevance of Nehruvian philosophy in contemporary India. The contributors to this volume have analysed the diverse aspects of Nehru’s thinking and the policies that flowed from it to understand their relevance in contemporary Indian, Asian and global context. Note: T& F does not sell or distribute the Hardback in India, Pakistan, Nepal, Bhutan, Bangladesh and Sri Lanka.
Author: C. H. Hanumantha Rao
Publisher:
ISBN: 9789332704350
Category : Economic development
Languages : en
Pages : 0
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Book Description
This insightful and inspiring volume explores the major ideological and strategic developments since the 1940s, tracing the shift in the author's outlook from a Marxist in his student days to a Nehruvian. Hanumantha Rao discusses issues he faced as member of the Planning Commission under the leadership of Prime Ministers Mrs Indira Gandhi and Shri Rajiv Gandhi relating to economic planning and policies in India in the light of the Nehruvian perspective of a mixed economy with socialist orientation within a democratic set-up. This book discusses globalization and economic reforms in India in the wake of the breakdown of centralized planning in former socialist countries, along with the relevance of Nehruvian model of addressing the poverty and inequality.
Author: Pulapre Balakrishnan
Publisher: Oxford University Press
ISBN: 0199088179
Category : Business & Economics
Languages : en
Pages : 295
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Book Description
This study of economic growth in India is both an interpretation of its trajectory since 1950 and an evaluation of its prospects in the near future. It is marked by theoretical integrity, historical perspective, thick description, discriminating use of econometrics, and definitive conclusions. Commencing with a favourable appraisal of the growth record of early independent India and an account of how this advantage was lost, the author proceeds to argue that by now it is more than just delayed liberalizing reforms that stand in the way of sustained double-digit growth rates. The prospects for high long-term growth in India are instead linked to the progress in the areas of agriculture and education, particularly schooling. Further, the author proposes that achieving inclusive growth, currently high on the Indian government's agenda, would be not merely politically rewarding but pivotal to maintaining the dynamism of the economy. The possibility of such an outcome, he shows, is tied more to the state's capacity to govern our public institutions than to its command over resources. To that extent the future of growth in India lies as much in the space of politics.
Author: Jagdish Bhagwati
Publisher: PublicAffairs
ISBN: 1610392728
Category : History
Languages : en
Pages : 255
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Book Description
In its history since Independence, India has seen widely different economic experiments: from Jawharlal Nehru's pragmatism to the rigid state socialism of Indira Gandhi to the brisk liberalization of the 1990s. So which strategy best addresses India's, and by extension the world's, greatest moral challenge: lifting a great number of extremely poor people out of poverty? Bhagwati and Panagariya argue forcefully that only one strategy will help the poor to any significant effect: economic growth, led by markets overseen and encouraged by liberal state policies. Their radical message has huge consequences for economists, development NGOs and anti-poverty campaigners worldwide. There are vital lessons here not only for Southeast Asia, but for Africa, Eastern Europe, and anyone who cares that the effort to eradicate poverty is more than just good intentions. If you want it to work, you need growth. With all that implies.
Author: Pradip Kumar Biswas
Publisher: Springer
ISBN: 9811382697
Category : Business & Economics
Languages : en
Pages : 333
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Book Description
The book presents a comprehensive study of the impact of policy reforms on output, employment, and productivity growth across sectors of India since 1991. It showcases varied responses from different sectors as they faced different degrees of policy interventions, and challenges or opportunities as regards markets, technology, and availability of skills and other complementary resources. The book also discusses the contributions of the service sector on India’s GDP and employment. The book throws light on the phenomena of rising inequality and persistent poverty which continues to shadow and be a hallmark of post-reform India, despite high economic growth. It underlines the failure of these reforms to bring about major change in social and economic organizations and institutions. The book’s contents stress on the criticality of addressing these issues as they have a serious potential of jeopardizing the country’s ability to maintain high growth momentum. With these pertinent topics, the book would be of interest not only to the research community, but also to policy makers and practitioners of various sectors addressed here.
