Propelling India from Socialist Stagnation to Global Power, (Volume 2: Policy Reforms)

Arvind Virmani

Verlag: Academic Foundation, 2006
ISBN 10: 8171885314 / ISBN 13: 9788171885312
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Together, the two volumes review the economic history of India from Independence to the current period and then go on to make forecasts about the future of the Indian economy and its role in the World. The objective is not criticism for the sake of it. Throughout the focus is on policy and institutional reforms to solve identified policy mistakes and problems. Volume I shows that there have been two phases in India`s economic history. The period of socialist stagnation, till the end of the seventies, in which India`s growth rate was among the lowest in the World and poverty increased despite professions of socialism. The second period of market reform starting in 1980s walted us to the top of the growth sweepstakes and led a sharp and continuing decline in poverty. The book shows how India is poised to become a global power in the next 15 to 20 years, and why India is likely to become, over the next 30 years, the third pole in the emerging tripolar world of the 21st century. Volume 2 focuses on the wider and deeper economic reforms initiated in the 1990s. It outlines the reforms, analyses their effect and draws lessons for the future. Among the areas covered are governance problems and institutional reforms, the BoP crisis, FDI, indirect tax and tariff reform, food policy and savings & monetary policy. ? Dr. Arvind Virmani`s valuable research output has been captured in the two volumes making the books a comprehensive retrospect and prospect of India`s economic policies and performance. ? The volumes are unique in terms of both the range of subjects and the depth of analysis, and bear an imprint of remarkable intellectual integrity. ? These volumes would easily stand out for their impressive scholarly analysis of a wide gamut of issues from a variety of perspectives: historical, global, institutional and political-economy dimensions of the fiscal, financial and real sectors. His insightful research output and analytical prowess are well encapsulated in these two volumes. Indeed, a good reference book for researchers and policy makers alike, from a respected scholar with a policy-making background and unflinching commitment to national interests.? ?Y.V. Reddy Governor, Reserve Bank of India, Mumbai ? This book by Arvind Virmani, one of India`s well-known economists, is an important contribution to the contemporary debate on a wide range of policy and analytical issues. In analysing India`s development experi-ence, Dr. Virmani devotes considerable attention to empirical research as well as his personal experience as a policy advisor to the Government of India in the Ministry of Finance. The blend of theory, research and policy makes this book eminently worthwhile for anyone interested in India`s future as a fast-growing poverty free developing country.? ?Bimal Jalan A distinguished economist; Member of Parliament (Rajya Sabha); formerly: Governor, Reserve Bank of India Printed Pages: 452. Buchnummer des Verkäufers 43518

Über diesen Titel:

Inhaltsangabe: Presenting a comprehensive retrospective of India's economic policies and performances, this study includes an an in-depth analysis of a wide range of issues from a variety of perspectives: historical, global, institutional, and political-economic. The discussion explores the "tripolar world" comprised of the United States, China, and India as the changing dominant players in global power.

About the Author: Arvind Virmani is the principal advisor for the planning commission of India and the author of numerous research papers in the fields of economics and social sciences.

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Bibliografische Details

Titel: Propelling India from Socialist Stagnation ...
Verlag: Academic Foundation
Erscheinungsdatum: 2006
Einband: Hardcover
Zustand: New

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