000			01912nam a2200217Ia 4500
999			_c215965 _d215965
005			20220429174133.0
008			200208s9999 xx 000 0 und d
020			_a9780195697094
082			_a330.954 PAN
100			_a"Panagariya, Arvind"
245		0	_aIndia
260			_aNew Delhi
260			_bOxford University Press
260			_c2008
300			_a514p.
365			_b695
365			_dRS
520			_aIndia 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 fueling 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 materialize 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, in the case of Indira Ghandi's policies, economic stagnation), and offers insightful discussions of such key topics as poverty and inequality, tax reform, telecommunications (perhaps the single most important success story), agriculture and transportation, and the government's role in health, education, and sanitation.
650			_aIndia - Growth and economic reforms
942			_cB _2ddc