India in Transition

India in Transition
Author: Jagdish N. Bhagwati
Publisher: Oxford University Press on Demand
Total Pages: 108
Release: 1993
Genre: Business & Economics
ISBN: 9780198288169

Jagdish Bhagwati, one of the world's leading economists, offers a fascinating overview of the policies that produced India's sorry economic performance over a third of a century. His analysis puts into sharp focus the crippling effects of the inward-looking, bureaucratic regime that grew to Kafkaesque dimensions, starting in the early 1950s. It provides therefore a coherent and convincing rationale for the economic reforms begun in June 1991 by the new government of PrimeMinister Rao. These reforms, also discussed by Professor Bhagwati, are thus set into historical and analytical perspective. Written with wit and elegance, this text of the 1992 Radhakrishnan Lectures at Oxford is readily accessible to a wide readership.

India's Economic Transition

India's Economic Transition
Author: Rahul Mukherji
Publisher: Critical Issues in Indian Poli
Total Pages: 460
Release: 2010
Genre: History
ISBN: 9780198069676

India's Economic Transition examines the reforms and their impact on the political economy of India. The introduction to the volume analyzes the politics that shaped economic policy during three broad phases--from independence to 1968, between 1969 and 1974, and the period after 1975--leading to the balance of payment crisis of 1991. The book addresses such questions as: What were the economic reforms undertaken after 1991? Why did they occur and how were they sustained? What was the impact of economic reforms on India's political economy? In addition, it includes significant features of the post-reform political economy like the growing importance of Indian federalism; a new politics of regulation governing markets in areas such as telecommunications, power, and stock exchanges; industrial lobbying; trade union activism; and the curious mix of benefits and costs associated with the rise of India's IT sector.

Transition and Development in India

Transition and Development in India
Author: Anjan Chakrabarti
Publisher: Routledge
Total Pages: 385
Release: 2013-12-16
Genre: Business & Economics
ISBN: 1136705732

According to Nehru, the transition from a backward agricultural society to a modern industrialized society was the only road for India to progress. So, for the past few decades, India has focused its transitional development around movement away from a state-controlled economy toward that of a free market economy. Transition and Development in India challenges the current basis of this theory of development, laying the groundwork for an entirely new Marxist approach to transition that should apply not just to India, but to all developing nations.

Great Transition In India: Critical Explorations

Great Transition In India: Critical Explorations
Author: Chanwahn Kim
Publisher: World Scientific
Total Pages: 226
Release: 2020-07-20
Genre: History
ISBN: 9811222355

India is undergoing a great transition, as the post-reform generation strikes out into the world. The thinking, attitudes, culture, political preferences, consumption patterns and ambitions of the post-reform generations differ greatly from that of the earlier generations. As a consequence, the country is also witnessing rapid changes not only on the socio-political and economic fronts but also on the humanities front. This book seeks to explore great transition in India through interdisciplinary and multidisciplinary perspectives in the fields of Humanities and Social Sciences. In doing so, it lays foundation not only for understanding India but also in initiating a new chapter for Indian and South Asian studies. With contributions by leading scholars, the book will be of great interest to students, researchers, and for anyone wishing to explore India in the fields of Humanities and Social Sciences.

The Oxford Handbook of the Indian Economy

The Oxford Handbook of the Indian Economy
Author: Chetan Ghate
Publisher: OUP USA
Total Pages: 973
Release: 2012-03-13
Genre: Business & Economics
ISBN: 0199734585

India's remarkable economic growth in recent years has made it one of the fastest growing economies in the world. This Oxford Handbook reflects India's growing economic importance on the world stage, and features research on core topics by leading scholars to understand the Indian economic miracle and the obstacles India faces in transforming itself into a modern 21st-century economy.

India's New Economic Policy

India's New Economic Policy
Author: Waquar Ahmed
Publisher: Routledge
Total Pages: 468
Release: 2010-10-04
Genre: Business & Economics
ISBN: 1136936912

Conventional interpretations of the New Economic Policy introduced in India in 1991 see this program of economic liberalization as transforming the Indian economy and leading to a substantial increase in the rate of India’s economic growth. But in a country like India, growth is not enough. Who benefits from the new growth regime, and can it significantly improve the conditions of livelihood for India’s 800 million people with incomes below $2.00 a day? This edited volume looks at international policy regimes and their national adoption under strategic conditions of economic crisis and coercion, and within longer-term structural changes in the power calculus of global capitalism. The contributors examine long-term growth tendencies, poverty and employment rates at the national level, regional level and local levels in India; the main growth centers; the areas and people left out; the advantages and deficiencies of the existing policy regime, and alternative economic policies for India. Bringing together the leading figures in the discussion on India’s economic policy, this volume is the authoritative critical study of India’s New Economic Policy.

From “Hindu Growth” to Productivity Surge

From “Hindu Growth” to Productivity Surge
Author: Mr.Dani Rodrik
Publisher: International Monetary Fund
Total Pages: 44
Release: 2004-05-01
Genre: Business & Economics
ISBN: 1451850026

This paper explores the causes of India's productivity surge around 1980, more than a decade before serious economic reforms were initiated. Trade liberalization, expansionary demand, a favorable external environment, and improved agricultural performance did not play a role. We find evidence that the trigger may have been an attitudinal shift by the government in the early 1980s that unlike the reforms of the 1990s, was probusiness rather than promarket in character, favoring the interests of existing businesses rather than new entrants or consumers. A relatively small shift elicited a large productivity response, because India was far away from its income-possibility frontier. Registered manufacturing, which had been built up in previous decades, played an important role in determining which states took advantage of the changed environment.

The Transition to a Colonial Economy

The Transition to a Colonial Economy
Author: Prasannan Parthasarathi
Publisher: Cambridge University Press
Total Pages: 190
Release: 2001-04-19
Genre: Business & Economics
ISBN: 9780521570428

According to widespread belief, poverty and low standards of living have been characteristic of India for centuries. Challenging this view, Prasannan Parthasarathi demonstrates that, until the late eighteenth century, labouring groups in South India, those at the bottom of the social order, were in a powerful position, receiving incomes well above subsistence. The decline in their economic fortunes, the author asserts, was a process initiated towards the end of that century, with the rise of colonial rule. Building on revisionist interpretations, he examines the transformation of Indian society and its economy under British rule through the prism of the labouring classes, arguing that their treatment by the early colonial state had no precedent in the pre-colonial past and that poverty and low wages were a product of colonial rule. The book promises to make an important contribution to the economic history of the region, and to the study of colonialism.

Political Economy of Development in India

Political Economy of Development in India
Author: Darley Jose Kjosavik
Publisher: Routledge
Total Pages: 184
Release: 2015-06-05
Genre: Social Science
ISBN: 1317548493

In the Global South, indigenous people have been continuously subjected to top-down, and often violent, processes of post-colonial state and nation building. This book examines the development dilemmas of the indigenous people (adivasis) of the Indian state of Kerala. It explores the different facets of change in their lives and livelihoods in the context of modernisation under different political regimes. As part of the Indian Union, Kerala followed a development approach in tune with the Government of India with regard to indigenous communities. However, within the framework of India’s quasi-federal polity, the state of Kerala has been tracing a development path of its own, which has come to be known as the ‘Kerala model of development’. Adopting a historical political economic approach, the book locates the adivasi communities in the larger contextual shifts from late colonialism through the post-independence years, and critically analyses the Kerala model of development with particular reference to the adivasis’ changing political status and rights to land. It pays special attention to policy dynamics in the neoliberal phase, and the actual practices of decentralisation as a way of including the socially excluded and marginalised. Offering a theoretical elaboration of the interaction between class and indigeneity based on intensive fieldwork in Kerala, the book addresses adivasi development in relation to the general development experience of Kerala, and goes on to relate this particular study to the global context of indigenous people’s struggles. It will be of interest to those working in the fields of South Asian Development, Political Economy and South Asian Politics.