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India's Emerging Economy

India's Emerging Economy
Author: Kaushik Basu
Publisher: MIT Press
Total Pages: 342
Release: 2004
Genre: Business & Economics
ISBN: 9780262025560

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Essays by leading academics, policymakers, and industrialists examine India's economic success in the late 1990s. India's economy over the last decade looks in many ways like a success story; after a major economic crisis in 1991, followed by bold reform measures, the economy has experienced a rapid economic growth rate, more foreign investment, and a boom in the information technology sector. Yet many in the country still suffer from crushing poverty, and social and political unrest remains a problem. These essays by leading academics, policymakers, and industrialists -- including one by Amartya Sen, the 1998 winner of the Nobel Prize in economics for his work on poverty and inequality -- examine the facts of India's recent economic successes and their social and cultural context. India's rate of economic growth after the 1991 reforms were instituted reached a remarkable 7 percent for three consecutive years, from 1994 to 1997. Several contributors to India's Emerging Economy ask what this means for the nation as a whole. In his essay "Democracy and Secularism in India," Amartya Sen argues that economic progress is not the only way to measure a nation's performance. Other essays examine the actual effect India's economic growth has had on reducing poverty and recommend policies to empower the poor. Essays also address such issues as globalization and the vulnerabilities and opportunities it creates, India's experience with monetary and fiscal reform, the rapid growth of the information technology sector (including a case study of India's software industry), and India's grassroots economy.


Economic Developments in India 2004

Economic Developments in India 2004
Author: Editors : Raj Kapila & Uma Kapila
Publisher: Academic Foundation
Total Pages: 328
Release: 2004-04
Genre: Business & Economics
ISBN: 9788171883677

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Launched in 1998 and published annually ever since, these 12-volume sets are anthologized collections of each year's monthly editions. Contained within each month's physical volume and supplementary CD-ROM are the latest analytical articles by top economists, full-length reports and policy documents, and at-a-glance statistics and policy updates. Since its inception, Economic Developments in India has become a widely distributed publication, subscribed to by government officials and agencies, members of the corporate sector, industrial corporations, embassies and foreign missions, financial institutions, economic research centers, and universities and colleges.


India's Reforms

India's Reforms
Author: Jagdish Bhagwati
Publisher: OUP USA
Total Pages: 295
Release: 2012-04-26
Genre: Business & Economics
ISBN: 0199915180

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Openness has affected neither poverty nor inequality adversely. When surveyed, people in disproportionately large volumes from all groups say that their fortunes are improving. The essays in this volume show that trade oppenness has helped reduce poverty among most social groups.


Changing Contexts and Shifting Roles of the Indian State

Changing Contexts and Shifting Roles of the Indian State
Author: Anthony P. D’Costa
Publisher: Springer
Total Pages: 236
Release: 2019-04-26
Genre: Business & Economics
ISBN: 9811368910

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This book critically discusses the changing relationship between the Indian state and capital by examining the mediating role of society in influencing developmental outcomes. It theorizes the state’s changing context allowing the discussion of its pursuit of contradictory economic and social welfare goals simultaneously. Both structural and ideological factors are argued to contribute to a shifting context, but the centrality of re-distributive politics and the contradictions therein explain a lot of what the state does and cannot do. The book also examines what the state aspires to do but structurally cannot accomplish either because of the scale of the problem or the dysfunctionality that sets in with continuous reforms. The collection provides rich evidence on the contested forms of governance arising from changing contexts and shifting roles of the state. Readers will benefit from this recasting of the Indian state in terms of the actual forms of intervention today. Changing Contexts and Shifting Roles of the Indian State is a timely book. At a time when the question of the role of the state in promoting more inclusive forms of development has never been more urgent, this book provides a range of powerful and insightful case studies of how a changing Indian capitalism is impacting and in turn being impacted by the multi-stranded role of the Indian state. Patrick Heller, Professor of Sociology and International Affairs, Brown University, Providence. Since the early 1990s, the Indian economy has moved away from a statist model of development to a more market-oriented one. However, very little scholarship exists that attempts to analyse India’s recent development experience from a political economy lens. This book, which is edited by two of India’s reputed scholars in the political economy of development, addresses this important gap in the literature. It provides an insightful account of the role of the state and the market in India’s economic resurgence in the last three decades. The book also contributes to a fresh understanding of what is meant by a twenty-first century developmental state in a globalised world. The book will be valuable reading for all scholars of India, as well as to researchers in the political economy of development. Kunal Sen, Director, United Nations University – World Institute for Development Economics Research (UNU-WIDER), Helsinki. This collection gives us a richer and more layered understanding of the Indian contemporary State. Rather than see the State as an unchanging entity with unchanging interests, the book argues that the role of the State changes with the context and with the change in political regime. Thus, taking contradictory decisions such as greater dispossession of land from the peasantry and expansion of the universe of economic rights is explainable. The argument is that we can have a better understanding when we see the Indian State as dealing with the ebb and flow of a democracy. C. Rammanohar Reddy, Former Editor, Economic and Political Weekly, Mumbai.


India's Political Economy, 1947-2004

India's Political Economy, 1947-2004
Author: Francine R. Frankel
Publisher:
Total Pages: 846
Release: 2005
Genre: Business & Economics
ISBN:

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This is a revised and updated edition of the classic on India's post-Independence political economy published in the early 1980s. It addresses the fundamental paradox of India's political economy: how do we achieve the goals of increased economic growth and reduced economic and social disparities without causing social turmoil and dissent. This revised edition includes substantial new chapters carrying forward the analyses to the second generation in the 21st century.


Reintegrating India with the World Economy

Reintegrating India with the World Economy
Author: T. N. Srinivasan
Publisher: Columbia University Press
Total Pages: 182
Release: 2003-05-01
Genre: Business & Economics
ISBN: 0881324442

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After nearly five decades of insulation from world markets, state controls, and slow growth, India embarked in 1991 on a process of liberalization of controls and progressive integration with the global economy in an effort to put its economy on a path of rapid and sustained growth. Despite major changes in the government since then, the thrust on reforms has been maintained. According to the World Bank, only 10 out of 145 countries had more rapid growth than India at over 6 percent per year in the 1990s and two had the same as India's. In this study, T.N. Srinivasan and Suresh D. Tendulkar analyze the economics and politics of India's recent and growing integration with the world economy. They argue that this process has to be nurtured and accelerated if India is to eradicate its poverty and take its rightful place in the global economic system.The study covers the historical roots and the political economy of India's late integration; domestic and external constraints on integration; external capital inflows including foreign direct investment; and India's emerging comparative advantage in the information technology industry and services, particularly computer software. The final chapter offers policy recommendations including proposals that India could make at the ongoing Doha Round of multilateral trade negotiations.


Economic Developments in India 2005

Economic Developments in India 2005
Author: Editors : Raj Kapila & Uma Kapila
Publisher: Academic Foundation
Total Pages: 268
Release: 2005-05
Genre: Business & Economics
ISBN: 9788171884735

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Launched in 1998 and published annually ever since, these 12-volume sets are anthologized collections of each year's monthly editions. Contained within each month's physical volume and supplementary CD-ROM are the latest analytical articles by top economists, full-length reports and policy documents, and at-a-glance statistics and policy updates. Since its inception, Economic Developments in India has become a widely distributed publication, subscribed to by government officials and agencies, members of the corporate sector, industrial corporations, embassies and foreign missions, financial institutions, economic research centers, and universities and colleges.


The Republic of India

The Republic of India
Author: Alan Gledhill
Publisher:
Total Pages: 309
Release: 2013
Genre: Law
ISBN:

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India

India
Author: Jean Drèze
Publisher: Oxford University Press, USA
Total Pages: 544
Release: 2002
Genre: Business & Economics
ISBN: 9780199257492

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This book explores the role of public action in eliminating deprivation and expanding human freedoms in India. The analysis is based on a broad and integrated view of development, which focuses on well-being and freedom rather than the standard indicators of economic growth. The authors placehuman agency at the centre of stage, and stress the complementary roles of different institutions (economic, social, and political) in enhancing effective freedoms.In comparative international perspective, the Indian economy has done reasonably well in the period following the economic reforms initiated in the early nineties. However, relatively high aggregate economic growth coexists with the persistence of endemic deprivation and deep social failures. JeanDreze and Amartya Sen relate this imbalance to the continued neglect, in the post-reform period, of public involvement in crucial fields such as basic education, health care, social security, environmental protection, gender equity, and civil rights, and also to the imposition of new burdens such asthe accelerated expansion of military expenditure. Further, the authors link these distortions of public priorities with deep-seated inequalities of social influence and political power. The book discusses the possibility of addressing these biases through more active democratic practice.


Back Stage

Back Stage
Author: Montek Singh Ahluwalia
Publisher:
Total Pages: 466
Release: 2019-02-05
Genre: Fiction
ISBN: 9789353338213

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Tracing the spectacular trajectory of Ahluwalia's life from its humble beginnings in Secunderabad to the corridors of power in New Delhi, this book is a classic insider's account of how the India story was shaped and script Ahluwalia played a key role in the transformation of India from a state-run to a market-based economy, and remained a constant fixture at the top of India's economic policy establishment for an unprecedented period of three decades.