India: Macroeconomics and Political Economy, 1964-1991


This volume introduces India and the nature of its markets, looks at various historical aspects of the countries economic policies, and examines trends in the long term effects of these policies.
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This volume introduces India and the nature of its markets, looks at various historical aspects of the countries economic policies, and examines trends in the long term effects of these policies.
Read More Show Less

Product Details

  • ISBN-13: 9780195645514
  • Publisher: Oxford University Press, USA
  • Publication date: 7/2/1998
  • Series: Oxford India Paperbacks Series
  • Edition number: 1
  • Pages: 416
  • Product dimensions: 5.50 (w) x 8.40 (h) x 0.80 (d)

Table of Contents

Data Notes
Introduction 1
Pt. 1 History, Profile, and Institutions
Ch. 1 Recent History and a Profile of the Economy 7
Ch. 2 The Structure and Working of Markets 25
Pt. 2 Macroeconomic Crisis and Adjustment
Ch. 3 A Sketch of Political and Macroeconomic Developments from 1964 to 1991 47
Ch. 4 The Crisis of 1965-67: Antecedents and Consequences 73
Ch. 5 The Crisis of 1973-75: Causes and Resolution 105
Ch. 6 The Crisis of 1979-81 and Its Aftermath 143
Ch. 7 The Road to Crisis, 1985/86 to 1990/91 180
Ch. 8 Crisis and Short-Term Macroeconomic Policy: An Appraisal 201
Pt. 3 Policy Trends and Long-Run Growth
Ch. 9 Fiscal Policy 225
Ch. 10 Monetary Policy 244
Ch. 11 Trade and Payments Policy 264
Ch. 12 The Deficits and Surpluses of the Public and Private Sectors 294
Ch. 13 Investment and Growth 313
Ch. 14 Concluding Remarks 342
Appendix A. The Quality of Economic Statistics 353
Appendix B. Structuralist Macroeconomics and the Indian Economy 359
Notes 363
Bibliography 379
Index 391
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