Free Delivery Over $100
|
|
|||
|
||||
Overview"India is not only the world's largest and fiercely independent democracy, but also an emerging economic giant. But to date there has been no comprehensive account of India's remarkable growth or the role policy has played in fueling this expansion. India: The Emerging Giant fills this gap, shedding light on one of the most successful experiments in economic development in modern history.Why did the early promise of the Indian economy not materialize and what led to its eventual turnaround? What policy initiatives have been undertaken in the last twenty years and how do they relate to the upward shift in the growth rate? What must be done to push the growth rate to double-digit levels? To answer these crucial questions, Arvind Panagariya offers a brilliant analysis of India's economy over the last fifty years--from the promising start in the 1950s, to the near debacle of the 1970s (when India came to be regarded as a ""basket case""), to the phenomenal about face of the last two decades. The author illuminates the ways that government policies have promoted economic growth (or, in the case of Indira Gandhi's policies, economic stagnation), and offers insightful discussions of such key topics as poverty and inequality, tax reform, telecommunications (perhaps the single most important success story), agriculture and transportation, and the government's role in health, education, and sanitation.The dramatic change in the fortunes of 1.1 billion people has, not surprisingly, generated tremendous interest in the economy of India. Arvind Panagariya offers the first major account of how this has come about and what more India must do to sustain its rapid growth and alleviate poverty. It will be must reading for everyone interested in modern India, foreign affairs, or the world economy." Full Product DetailsAuthor: Arvind Panagariya (Professor of Indian Political Economy and Professor of Economics, Professor of Indian Political Economy and Professor of Economics, Columbia University)Publisher: Oxford University Press Inc Imprint: Oxford University Press Inc Dimensions: Width: 23.10cm , Height: 2.80cm , Length: 15.50cm Weight: 0.739kg ISBN: 9780199751563ISBN 10: 0199751560 Pages: 546 Publication Date: 27 January 2011 Audience: General/trade , Professional and scholarly , General , Postgraduate, Research & Scholarly Format: Paperback Publisher's Status: Active Availability: To order  Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us. Table of ContentsPreface Introduction I. Growth and Economic Reforms 1. Distinguishing Four Phases 2. Phase I (1951-65): Takeoff under a Liberal Regime 3. Phase II (1965-81): Socialism Strikes with Vengeance 4. Phase III (1981-88): Liberalization by Stealth 5. Phase IV (1988-06): Triumph of Liberalization 6. A Tale of Two Countries: India and the Republic of Korea II. Poverty, Inequality and Economic Reforms 7. Declining Poverty: The Human Face of Reforms 8. Inequality: A Lesser Problem III. Macroeconomics 9. Deficits and Debt: Is a Crisis around the Corner? 10. The External Sector: On the Road to Capital Account Convertibility? 11. The Financial Sector: Why Not Privatize the Banks? IV. Transforming India 12. International Trade: Carrying Liberalization Forward 13. Industry & Services: Walking on Two Legs 14. Modernizing Agriculture V. The Government 15. Tax Reform: Towards a Uniform Goods and Services Tax 16. Tackling Subsides and Reforming the Civil Service 17. Telecommunications and Electricity: Contrasting Experiences 18. Transportation: A solvable Problem 19. Health and Water Supply & Sanitation: Can the Government Deliver? Education: Expenditures or Transfers?Reviews<br> Mr. Panagariya's book is the capstone of a career, a sustained work of scholarship. It demands a lot of its readers, and amply repays the investment. The author's father told him: Take your time, but write a definite book on India. The son did not disappoint. --The Economist (second review)<br> An important book --The Economist<br> It isn't easy to write about the Indian economy if you are a non-resident.... In an earlier generation of economists, Jagdish Bhagwati and T. N. Srivivasan managed this knowledge disadvantage extremely well; and in a subsequent generation, Arvind Panagariya.... This is a book that will be treasured and quoted, like Bhagwati and Desai's in an earlier era. However, is this volume for an economist or a non-economist? The answer is, both. ...a book that needed to be written, by someone with sufficient knowledge and perseverance.... I cannot think of a single volume that is even remotely a substitute for this one. --The Indian Express<br> Arvind Panagariya Author InformationArvind Panagariya is Jagdish Bhagwati Professor of Indian Political Economy and Professor of Economics in the School of International and Public Affairs at Columbia University. Tab Content 6Author Website:Countries AvailableAll regions |
||||
