Transition and Development in India
Business & Finance, Economics, International Economics, Economic Development, Economic History
| Author: | Anjan Chakrabarti, Stephen Cullenberg | ISBN: | 9781136705809 |
| Publisher: | Taylor and Francis | Publication: | December 16, 2013 |
| Imprint: | Routledge | Language: | English |
| Author: | Anjan Chakrabarti, Stephen Cullenberg |
| ISBN: | 9781136705809 |
| Publisher: | Taylor and Francis |
| Publication: | December 16, 2013 |
| Imprint: | Routledge |
| Language: | English |
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.
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.
