India's Emerging Economy: Performance and Prospects in the 1990s and Beyond

Hardcover (Print)
Buy New
Buy New from BN.com
$38.89
Used and New from Other Sellers
Used and New from Other Sellers
from $1.99
Usually ships in 1-2 business days
(Save 95%)
Other sellers (Hardcover)
  • All (29) from $1.99   
  • New (12) from $5.10   
  • Used (17) from $1.99   

Overview

India's economy over the last decade looks in many ways like a success story; after a major economic crisis in 1991, followed by bold reform measures, the economy has experienced a rapid economic growth rate, more foreign investment, and a boom in the information technology sector. Yet many in the country still suffer from crushing poverty, and social and political unrest remains a problem. These essays by leading academics, policymakers, and industrialists -- including one by
Amartya Sen, the 1998 winner of the Nobel Prize in economics for his work on poverty and inequality
-- examine the facts of India's recent economic successes and their social and cultural context.India's rate of economic growth after the 1991 reforms were instituted reached a remarkable
7 percent for three consecutive years, from 1994 to 1997. Several contributors to India's Emerging
Economy ask what this means for the nation as a whole. In his essay "Democracy and Secularism in
India," Amartya Sen argues that economic progress is not the only way to measure a nation's performance. Other essays examine the actual effect India's economic growth has had on reducing poverty and recommend policies to empower the poor. Essays also address such issues as globalization and the vulnerabilities and opportunities it creates, India's experience with monetary and fiscal reform, the rapid growth of the information technology sector (including a case study of India's software industry), and India's grassroots economy.

The MIT Press

Read More Show Less

What People Are Saying

From the Publisher

"This assessment of reforms in the Indian economy is notable not just for the unusually impressive collection of top academics, entrepreneurs, bureaucrats and NGO representatives whose views are assembled here. The section on the IT sector provides insights on the most dynamic part of the economy. At the same time, it includes broader issues concerning the social and political fabric within which the Indian economy functions, such as inequality, allocation of public goods, social norms, the informal economy, democracy, and governance."--Dilip Mookherjee, Professor of Economics, Boston University

The MIT Press

" India"s Emerging Economy is a valuable collection of articles on
India"s economic performance in the 1990s. This is essential reading for the development scholar;
indeed, I would recommend it to anyone with a serious interest in contemporary India." Debraj Ray,
Julius Silver Professor of Economics, New York University

The MIT Press

"*India's Emerging Economy* is a valuable collection of articles on India's economic performance in the 1990s. This is essential reading for the development scholar; indeed, I would recommend it to anyone with a serious interest in contemporary India."--Debraj Ray, Julius Silver
Professor of Economics, New York University

The MIT Press

Read More Show Less

Product Details

  • ISBN-13: 9780262025560
  • Publisher: MIT Press
  • Publication date: 3/1/2004
  • Edition description: New Edition
  • Pages: 328
  • Product dimensions: 6.00 (w) x 9.00 (h) x 0.75 (d)

Meet the Author

Kaushik Basu is Professor of Economics and holds a chair at Cornell University.
Read More Show Less

Table of Contents

Acknowledgments
List of Contributors
I Introduction 1
1 The Indian Economy: Up to 1991 and Since 3
II Political Economy of India 33
2 Democracy and Secularism in India 35
3 Disjunctures in the Indian Reform Process: Some Reflections 49
III Monetary and Fiscal Reforms 59
4 Monetary and Financial Sector Reforms in India: A Practitioner's Perspective 61
5 Some Macroeconomics of India's Reform Experience 83
6 State-Level Fiscal Reforms in India 115
IV Poverty and Public Goods 151
7 Policies for Pro-Poor Growth in India 153
8 Who Is Getting the Public Goods in India? Some Evidence and Some Speculation 183
V Technology and Takeoff 215
9 The Impact of Economic Reforms on Industry in India: A Case Study of the Software Industry 217
10 Information Technology and India's Economic Development 223
VI Grassroots and the Globe 263
11 India's Informal Economy: Facing the Twenty-First Century 265
12 Globalization and Economic Reform as Seen from the Ground: SEWA's Experience in India 293
Index 313
Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)