The Indian Economy in Transition

The Indian Economy in Transition
Author: Anjan Chakrabarti
Publisher: Cambridge University Press
Total Pages: 444
Release: 2015-10-22
Genre: Political Science
ISBN: 131667388X

Taking the period following the advent of liberalization, this book explains the transition of the Indian economy against the backdrop of development. If the objective is to explore the new economic map of India, then the distinct contributions in the book could be seen as twofold. The first is the analytical frame whereby the authors deploy a unique Marxist approach consisting of the initial concepts of class process and the developing countries to address India's economic transition. The second contribution is substantive whereby the authors describe India's economic transition as epochal, materializing out of the new emergent triad of neo-liberal globalization, global capitalism and inclusive development. This is how the book theorizes the structural transformation of the Indian economy in the twenty-first century. Through this framework, it interrogates and critiques the given debates, ideas and policies about the economic development of a developing nation.

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.

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.

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.

India's Economic Transition

India's Economic Transition
Author: Rahul Mukherji
Publisher: Oxford University Press, USA
Total Pages: 480
Release: 2007
Genre: Business & Economics
ISBN:

This reader, the third in the Critical issues in Indian politics series, deals with the political and economic processes that shaped the reform initiatives in India since 1991.

Transformation and Development

Transformation and Development
Author: Amiya Kumar Bagchi
Publisher: OUP India
Total Pages: 0
Release: 2012-11-22
Genre: Business & Economics
ISBN: 9780198082286

In twelve incisive essays covering a wide range of issues, this volume undertakes an interdisciplinary and multi-level analysis and provides comprehensive and critical insights into the dynamics of the development process in these two countries.

Indian Economy in Transition

Indian Economy in Transition
Author: S. Janakarajan
Publisher: SAGE Publications Pvt. Limited
Total Pages: 0
Release: 2019-01-17
Genre: Business & Economics
ISBN: 9789351500452

Although India’s growth experience is well documented, the issues and implications that have emerged both in the general and at the sectoral contexts during and after the transition process remain a major area for policy concern. This volume, published in honour of C.T. Kurien, provides a scholarly assessment of India’s growth performance and its implications over the last decade and a half. Examining the key features of India’s economic development, the volume addresses critical issues such as food inflation, agricultural performance, labour markets, social infrastructure, climate change, governance, poverty and disparity. It showcases the mutual impacts of economic growth on society and ecosystem. The volume identifies the growing problems of farmers’ suicide, food and labour insecurity, corruption, governance gap, caste discrimination and environmental degradation, among others, as key challenges of Indian democracy, suggesting policy changes and governance reforms both in the national and sectoral contexts.