India in Transition
Freeing the Economy
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Product details:
- Publisher Clarendon Press
- Date of Publication 10 June 1993
- ISBN 9780198288169
- Binding Hardback
- No. of pages120 pages
- Size 223x144x15 mm
- Weight 288 g
- Language English
- Illustrations line figures 0
Categories
Short description:
Professor Bhagwati is one of the major names in development economics and this volume stems from his Radhakrishnan Lectures delivered at Oxford in June 1992. This short volume is a marvellous overview of Indian development and economic policy and will be widely read. The quality of the analysis is as high as is expected from so prestigious an author. He takes an unusual and stimulating approach in much of the analysis by setting Indian development in the international political and intellectual context.
MoreLong description:
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 Prime Minister 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.
`With his accustomed brilliance, wit, and wisdom, Jagdish Bhagwati describes India's urgent tasks of economic reform. We could not have a better guide: Bhagwati has been a persistent and eloquent advocate of market reforms in India for the past three decades. In his Radhakrishnan Lectures, we are reminded again that Bhagwati is one of the world's outstanding leaders on problems of economic development and international trade.' Jeffrey D. Sachs, Harvard University
