000			01796nam a2200193Ia 4500
999			_c70228 _d70228
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008			200204s9999 xx 000 0 und d
020			_a9780761995937
082			_a320.454 SAE
100			_aSaez, Lawrence
245		0	_aFederalism without a cemtre: the impact of political and economic reform on India's federal system
260			_aNew Delhi
260			_bSage Publications
260			_c2002
300			_a251p.
520			_aThe book takes its name from a little-known episode in the history of Indian federalism. A statement of defiance, "Federalism Without a Centre", was issued by a group of Chief Ministers and regional leaders who met in Hyderabad in 1996. The slogan indicates the paradigm shift in federal relations in India. The book explores the new challenges posed by India's federal system with the advent of economic liberalization. One of the outgrowths of the transformation of the party system has been the drive to re-examine federal relations. The book states, however, that it is economic liberalization that has permanently altered the federal calculus in India. It shows that states do not necessarily need to rely exclusively on the central government to control their individual economic policy. The book is the very first attempt of its kind to analyze the effect of economic liberalization on India's federal system and it provides up-to-date data on foreign direct investment and portfolio equity investment. In conclusion, it provides a unique comparison with China in showing that while India had great difficulties in implementing first generation economic reforms, it may have the upper hand in the implementation of second generation reforms, particularly privatization.
650			_aFederal government
942			_cB _2ddc