Political Economy of Reforms in India

Political Economy of Reforms in India PDF

Author: Rahul Mukherji

Publisher: Oxford India Short Introductio

Published: 2014

Total Pages: 0

ISBN-13: 9780198087335

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The Oxford India Short Introductions are concise, stimulating, and accessible guides to different aspects of India. Combining authoritative analyses, new ideas, and diverse perspectives, they discuss subjects which are topical yet enduring, as also emerging areas of study and debate. Political Economy of Reforms in India discusses the political economy of the country's growth, globalization, and welfare. It finds that the political economy of growth and globalization are intimately connected. And, the political economy of welfare, though dependent to a much greater extent on state intervention than growth, is critically dependent on the growth process. Governments and markets can both fail to deliver. Understanding the political process of economic change is critical for evolving a view about the importance of governments and markets in economic activity. This book highlights the critical importance of political economy during the course of development. Economic ideas about growth, globalization, and welfare have to traverse a political distance before citizens can benefit from economic institutions and policies. Mukherji reviews the importance of various factors that affect economic change in India and finds that the way the government, especially its technocrats, think is important for producing change.

The Political Economy of Development in India

The Political Economy of Development in India PDF

Author: Pranab K. Bardhan

Publisher: Wiley-Blackwell

Published: 1984

Total Pages: 0

ISBN-13: 9780631135456

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Analysis of the economic policy and obstacles to economic growth in India - examines the role of public investment and public sector management in slow agricultural development and industrial growth; explores the political aspects and economic role of the Elite social classes (industrial capitalists, rich farmers and civil servants), the social conflicts between them, and the economic implications of this conflict for capital resources mobilization. Bibliography, statistical tables.

The Politics of Economic Restructuring in India

The Politics of Economic Restructuring in India PDF

Author: Loraine Kennedy

Publisher: Routledge

Published: 2013-12-17

Total Pages: 192

ISBN-13: 1317937988

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State re-scaling is the central concept mobilized in this book to interpret the political processes that are producing new economic spaces in India. In the quarter century since economic reforms were introduced, the Indian economy has experienced strong growth accompanied by extensive sectoral and spatial restructuring. This book argues that in this reformed institutional context, where both state spaces and economic geographies are being rescaled, subnational states play an increasingly critical role in coordinating socioeconomic activities. The core thesis that the book defends is that the reform process has profoundly reconfigured the Indian state’s rapport with its territory at all spatial scales, and these processes of state spatial rescaling are crucial for comprehending emerging patterns of economic governance and growth. It demonstrates that the outcomes of India’s new policy regime are not only the product of impersonal market forces, but that they are also the result of endogenous political strategies, acting in conjunction with the territorial reorganisation of economic activities at various scales, ranging from local to global. Extensive empirical case material, primarily from field-based research, is used to support these theoretical assertions. Scholars of political economy, political and economic geography, industrial development, development studies and Asian Studies will find this a stimulating and innovative contribution to the study of the political economy in the developing countries.

The Political Economy of Policy Reform

The Political Economy of Policy Reform PDF

Author: John Williamson

Publisher: Peterson Institute

Published: 1994

Total Pages: 630

ISBN-13: 9780881321951

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Policymakers around the world have increasingly agreed that macroeconomic discipline, microeconomic liberalization, and outward orientation are prerequisites for economic success. But what are the political conditions that make economic transformation possible? At a conference held at the Institute for International Economics, leaders of economic reform recounted their efforts to bring about change and discussed the impact of the political climate on the success of their efforts. In this book, these leaders explore the political conditions conducive to the success of policy reforms. Did economic crisis strengthen the hands of the reformers? Was the rapidity with which reforms were instituted crucial? Did the reformers have a "honeymoon" period in which to transform the economy? The authors answer these and other questions, as well as providing first-hand accounts of the politically charged atmosphere surrounding reform efforts in their countries.

Understanding India's New Political Economy

Understanding India's New Political Economy PDF

Author: Sanjay Ruparelia

Publisher: Routledge

Published: 2011-03-09

Total Pages: 356

ISBN-13: 1136816488

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A number of large-scale transformations have shaped the economy, polity and society of India over the past quarter century. This book provides a detailed account of three that are of particular importance: the advent of liberal economic reform, the ascendance of Hindu cultural nationalism, and the empowerment of historically subordinate classes through popular democratic mobilizations. Filling a gap in existing literature, the book goes beyond looking at the transformations in isolation, managing to: • Explain the empirical linkages between these three phenomena • Provide an account that integrates the insights of separate disciplinary perspectives • Explain their distinct but possibly related causes and the likely consequences of these central transformations taken together By seeking to explain the causal relationships between these central transformations through a coordinated conversation across different disciplines, the dynamics of India’s new political economy are captured. Chapters focus on the political, economic and social aspects of India in their current and historical context. The contributors use new empirical research to discuss how India’s multidimensional story of economic growth, social welfare and democratic deepening is likely to develop. This is an essential text for students and researchers of India's political economy and the growth economies of Asia.

India Transformed

India Transformed PDF

Author: Rakesh Mohan

Publisher: Brookings Institution Press

Published: 2018-09-25

Total Pages: 704

ISBN-13: 0815736622

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In this commemorative volume, India's top business leaders and economic luminaries come together to provide a balanced picture of the consequences of the country’s economic reforms, which were initiated in 1991. What were the reforms? What were they intended for? How have they affected the overall functioning of the economy? With contributions from Mukesh Ambani, Narayana Murthy, Sunil Mittal, Kiran Mazumdar-Shaw, Shivshankar Menon, Montek Singh Ahluwalia, T.N. Ninan, Sanjaya Baru, Naushad Forbes, Omkar Goswami and R. Gopalakrishnan, India Transformed delves deep into the life of an economically liberalized India through the eyes of the people who helped transform it.

The Political Economy of Power Sector Reform

The Political Economy of Power Sector Reform PDF

Author: David G. Victor

Publisher: Cambridge University Press

Published: 2007-02-08

Total Pages: 15

ISBN-13: 113946079X

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Over the last fifteen years the world's largest developing countries have initiated market reform in their electric power sectors from generation to distribution. This book evaluates the experiences of five of those countries - Brazil, China, India, Mexico and South Africa - as they have shifted from state-dominated systems to schemes allowing for a larger private sector role. As well as having the largest power systems in their regions and among the most rapidly rising consumption of electricity in the world, these countries are the locus of massive financial investment and the effects of their power systems are increasingly felt in world fuel markets. This accessible volume explains the origins of these reform efforts and offers a theory as to why - despite diverse backgrounds - reform efforts in all five countries have stalled in similar ways. The authors also offer practical advice to improve reform policies.