Understanding Reforms
Post-1991 India
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Product details:
- Publisher OUP India
- Date of Publication 13 September 2012
- ISBN 9780198085584
- Binding Paperback
- No. of pages727 pages
- Size 230x158x18 mm
- Weight 378 g
- Language English 0
Categories
Short description:
The book traces the remarkable transformation of India from a slow growing economy to one of the fastest growing in the world. Discussing events that led to a crisis situation and the consequent initiation of reforms, it describes how growth was sustained in a low-income economy with large diversities.
MoreLong description:
This book reviews the background, context, and timing of the economic reforms since July 1991 to showcase the fascinating details on the results achieved in the last twenty years. The authors critically analyse the growth strategy under Nehruvian socialism and the slow growth rate of the Indian economy and, thus, draw attention to the factors that led to reforms. The authors also describe how reforms were sustained in a low-income economy with large diversities and how they successfully survived the emergence of several coalition governments at the Centre as well as the increasing regionalization of Indian politics.
This book shows how reforms unleashed India's latent entrepreneurship through increasingly liberalized competitive markets and enabled faster and sustained economic growth. It takes stock of specific reforms initiatives undertaken by the government. This paperback edition includes updates on reforms undertaken in the past five years; a tribute to Suresh D. Tendulkar; and a new preface.
Table of Contents:
List of Tables and Figures
Preface to the Paperback Edition
Preface and Acknowledgements
Tribute to Suresh D. Tendulkar
Questions in the Post-1991 Reforms Process
The Analytical Framework
The Development Strategy after Independence
The Slow-growth Phase: 1950-1 to 1980-1
The Decade of the 1980s
The 1991 Reforms: Context and Timing
Continuing Reforms in the Era of Coalition Politics
The Political Economy of Reforms: Some Individual Initiatives
Reforms in Perspective: General Issues for India
An Update on Reforms
Appendix
Bibliography
Index
