India: The Emerging Giant: Shedding Light on One of the Most Successful Experiments...

India: The Emerging Giant: Shedding Light on One of the Most Successful Experiments in Economic Development in Modern History

DUBLIN, Ireland--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/ba5e4f/india_the_emergin)
has announced the addition of the "India: The Emerging Giant" report
to their offering.

India is not only the world's largest and fiercely independent
democracy, but also an emerging economic giant. But to date there has
been no comprehensive account of India's remarkable growth or the role
policy has played in fuelling this expansion. India: The Emerging
Giant fills this gap, shedding light on one of the most successful
experiments in economic development in modern history.

Why did the early promise of the Indian economy not materialize
and what led to its eventual turnaround? What policy initiatives have
been undertaken in the last twenty years and how do they relate to the
upward shift in the growth rate? What must be done to push the growth
rate to double-digit levels? To answer these crucial questions, Arvind
Panagariya offers a brilliant analysis of India's economy over the
last fifty years--from the promising start in the 1950s, to the near
debacle of the 1970s (when India came to be regarded as a "basket
case"), to the phenomenal about face of the last two decades. The
author illuminates the ways that government policies have promoted
economic growth (or, in the case of Indira Gandhi's policies, economic
stagnation), and offers insightful discussions of such key topics as
poverty and inequality, tax reform, telecommunications (perhaps the
single most important success story), agriculture and transportation,
and the government's role in health, education, and sanitation.

The dramatic change in the fortunes of 1.1 billion people has, not
surprisingly, generated tremendous interest in the economy of India.
Arvind Panagariya offers the first major account of how this has come
about and what more India must do to sustain its rapid growth and
alleviate poverty. It will be must reading for everyone interested in
modern India, foreign affairs, or the world economy.

Key Topics Covered:

PART I: Growth and Economic Reforms

1. Distinguishing Four Phases

2. Phase I (195165): Takeoff Under a Liberal Regime

3. Phase II (196581): Socialism Strikes with Vengeance

4. Phase III (198188): Liberalization by Stealth

5. Phase IV (19882006): Triumph of Liberalization

6. A Tale of Two Countries: India and the Republic of Korea

PART II: Poverty, Inequality, and Economic Reforms

7. Declining Poverty: The Human Face of Reforms

8. Inequality: A Lesser Problem

PART III: Macroeconomics

9. Deficits and Debt: Is a Crisis around the Corner?

10. The External Sector: On the Road to Capital Account
Convertibility

11. The Financial Sector: Why Not Privatize the Banks?

PART IV: Transforming India

12. International Trade: Carrying Liberalization Forward

13. Industry and Services: Walking on Two Legs

14. Modernizing Agriculture

PART V: The Government

15. Tax Reform: Toward a Uniform Goods and Services Tax

16. Tackling Subsidies and Reforming the Civil Service

17. Telecommunications and Electricity: Contrasting Experiences

18. Transportation: A Solvable Problem

19. Health and Water Supply and Sanitation: Can the Government
Deliver?

20. Education: Expenditures or Transfers?

For more information visit
http://www.researchandmarkets.com/research/ba5e4f/india_the_emergin

Source: Oxford University Press

Research and Markets
Laura Wood
Senior Manager
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press@researchandmarkets.com

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