India's Economic Reforms and Development

Author: Eminent Contributors
Editor: Isher Judge Ahuluwalia / I M D Little
Publisher: Oxford University Press
Year: 2001
Language: English
Pages: 414
ISBN/UPC (if available): 978-0-19-564988-8

Description

This collection of essays in honor of Manmohan Singh analyses the course of economic development in India and the status of the economic reforms initiated in 1991 and presents what needs to be done if the benefits are to be fully realized.

This collection of essays in honor of Manmohan Singh analyses the course of economic development in India and the status of the economic reforms initiated in 1991 and presents what needs to be done if the benefits are to be fully realized.


EXPERTS FROM REVIEWS:

The essay will provoke economists to think and reconsider their perspectives and the volume will offer insights to policy practitioners…
— India Today

The Writings are of a consistent high quality..(and give) a remarkable survey of the Indian economy as seen from the pro-reform camp.

This admirable volume brings to the fore most of the important issues that arise in the process of economic reforms. The areas of achievements as well as the unfinished agenda are delineated.
— Economic and Political Weekly

Contents

Contributors
Introduction

CHAPTER I
INDIA’S DEVELOPMENT STRATEGY
The Design of Indian Development
Development Perspectives: Was there an Alternative to Mahalanobis?
Development, Inflation, and Monetary Policy
Theory and Practice of Development

CHAPTER II
TRANSITION TO AN OPEN ECONOMY
Infrastructure Development in India’s Reform
Indian Agriculture in an Open Economy: Will it Prosper?
Fiscal Stabilization and Economic Reform in India
Liberalization, the Stock Market, and the Market for Corporate Control: A Bridge too far for the Indian Economy?
India’s Export Performance: A Comparative Analysis

CHAPTER III
POVERTY AND REFORM
Economic Reforms and Poverty Alleviation
Food Security: Individual and National
Indian Economic Policy Reforms and Poverty; An Assessment

CHAPTER IV
CENTRE-STATE RELATIONS
Tax Assignment in the Indian Federation: A Critique
Liberalization, Economic Reforms, and Centre-State Relations
The Political Economy of Centre-State Relations in India

Index