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India
Author: Arvind Panagariya

ISBN: 9780195315035
Format: Hardcover
Number Of Pages: 514
Published: 13 March 2008
Country of Publication: US
Dimensions (cm): 23.698 x 16.408 x 3.175
Description:
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 furling 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 materialise 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, ...

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