Economic Growth in India

History and Prospect

Business & Finance, Economics, Economic Development, Nonfiction, History
Cover of the book Economic Growth in India by Pulapre Balakrishnan, OUP India
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Pulapre Balakrishnan ISBN: 9780199088171
Publisher: OUP India Publication: August 4, 2010
Imprint: OUP India Language: English
Author: Pulapre Balakrishnan
ISBN: 9780199088171
Publisher: OUP India
Publication: August 4, 2010
Imprint: OUP India
Language: English

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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.

More books from OUP India

Cover of the book Articles of Faith by Pulapre Balakrishnan
Cover of the book India Revisited by Pulapre Balakrishnan
Cover of the book The Bhagavadgita in the Nationalist Discourse by Pulapre Balakrishnan
Cover of the book Archiving the British Raj by Pulapre Balakrishnan
Cover of the book The Empire of Disgust by Pulapre Balakrishnan
Cover of the book Behind the Mask by Pulapre Balakrishnan
Cover of the book Talking History by Pulapre Balakrishnan
Cover of the book Locating the Medical by Pulapre Balakrishnan
Cover of the book Uniform Civil Code for India by Pulapre Balakrishnan
Cover of the book Punjab Reconsidered by Pulapre Balakrishnan
Cover of the book India: An Archaeological History by Pulapre Balakrishnan
Cover of the book Implications of the Philosophy of Kant by Pulapre Balakrishnan
Cover of the book Religion and Rabindranath Tagore by Pulapre Balakrishnan
Cover of the book Shifting Ground by Pulapre Balakrishnan
Cover of the book Caste and nature by Pulapre Balakrishnan
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy