India's Reforms: How they Produced Inclusive Growth (Studies in Indian Economic Policies)

Language: English

Published by Oxford University Press, 2012

0199915180 / 9780199915187

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New hardcover in new dust jacket. Text is clean and free of marks or underlining. 8vo. (6.4 x 0.8 x 9.3 inches) Includes an index, tables, and figures. 312 pp. Fast shipping in a secure book box mailer with tracking. When India embraced systematic economic reforms in 1991 and began opening its economy to both domestic and foreign competition, critics argued that they had contributed little to the acceleration of economic growth. Their argument had rested on the claim that growth in the 1990s was no faster than in the 1980s. This claim was quickly refuted on the grounds that when properly evaluated, growth had indeed accelerated in the 1990s and more importantly, while reforms had been made systematic in 1991, they had actually begun much earlier in the late 1970s. Subsequently, the reforms of the late 1990s and early 2000s have led to a jump in the growth rate from six percent in the 1990s to eight to nine percent beginning in 2003. The reforms have also led to a major structural change in the economy: the trade to GDP ratio has tripled since 1991, there has been a gigantic expansion of foreign investment in India, and sectors such as telecommunications, airlines, and automobiles have expanded at rates much higher than at any time in the past. This dramatic turnaround has led critics to shift ground. They now argue that opening the economy to trade has hurt the poor; that rapid growth is leaving socially disadvantaged groups behind; and that reforms have led to increased inequality. The essays in this volume take these challenges head-on. They use large-scale sample surveys and other data to systematically address each of the arguments. India's Reforms is the first volume in the series Studies in Indian Economic Policies, edited by Jagdish Bhagwati and Arvind Panagariya and published by OUP. It contains the first set of five original papers produced under the auspices of the Columbia Program on Indian Economic Policies housed in the School of International and Public Affairs (SIPA) and the Institute for Social and Economic Research and Policy (ISERP).…

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Title
India's Reforms: How they Produced Inclusive Growth (Studies in Indian Economic Policies)
Author
Jagdish Bhagwati, Arvind Panagariya
Publisher
Oxford University Press
Publication year
2012
Condition
New
Dust jacket
New
Binding
Hardcover
Language
English
ISBN 10
0199915180
ISBN 13
9780199915187
Seller catalogs
Business : Economics

The Anthropologists Closet

West Des Moines, IA, U.S.A.

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The Anthropologists Closet is a small mother-daughter-owned online bookstore. We offer a wide range of academic non-fiction books, a large collection of art catalogs, signed books, and an extensive history and military collection. We uphold high ethical standards and are dedicated to ensuring that our listings are accurate and that our customers are satisfied. Our books are packaged with care in a secure book box mailer with tracking. We offer full refunds and free return shipping. Satisfaction guaranteed!…

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The Anthropologists Closet

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