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This collection analyzes India's economic growth and its integration with the world economy. The essays, both analytical and prescriptive, offer fresh and unconventional answers to questions related to the turning point of India's economy, its pattern of economic development, status of public institutions, and its economic future.The two broad themes underlying the articles are analysing India's economic growth and its integration with world economy. The first relates to India's current and future growth. The chapters in this section are analytical in nature detailing the Indian growth experience in the last three decades. The second relates to the integration of India into the world economy in trade in goods, in ideas, and capital flows. These essays are prescriptive, aimed at Indian policymakers they offer suggestions on policy options to consider and choices to make. They describe the global trading context and the opportunities and constraints that India faced and importantly how quickly these change.
What factors define the trajectory of India's economic growth and its strategic integration into the global marketplace? Arvind Subramanian, a former Chief Economic Adviser to the Government of India, utilizes his extensive academic and policy-making background to evaluate the structural shifts in the Indian economy over the last thirty years. The text presents a dual-framework approach, combining retrospective analysis of growth patterns with prescriptive policy recommendations for future development and global engagement.
What You Will Find
Experts recognize this work as a significant contribution to the study of emerging market economies, particularly for its blend of rigorous data analysis and actionable policy advice. Readers frequently note the clarity of the author's arguments, which serve as a foundational resource for understanding the complexities of India's economic evolution.
Page Count:
237
Publication Date:
2008-07-15
Publisher:
Oxford University Press
ISBN-10:
019569354X
ISBN-13:
9780195693546
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