India's Long Road: The Search for Prosperity

India's economic resurgence has been the subject of many extravagant predictions and hopes. In this powerful and wide-ranging book, distinguished economist Vijay Joshi lays out a penetrating analysis of the shaky foundations of the country's performance, and charts the course that it should follow to achieve widely-shared prosperity.

Joshi argues that for India to realize its huge potential, the relation between the state, the market, and the private sector must be comprehensively realigned...