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Reforms unshackled the major sectors of economy, propelled growth, and thrust India into the league of fastest growing nations in the world. In view of Montek Singh Ahluwalia's pivotal role in crafting reforms, this volume, in his honor, brings together scholarship on various aspects of India's economic development.Analyzing key economic challenges in growth, inequality, macroeconomic performance, monetary policy, capital markets, infrastructure, human resources, services, global finance, climate change, and international trade, it suggests appropriate policies to attain rapid and inclusive growth.
This volume investigates the trajectory of India's economic development and the policy frameworks required to sustain rapid, inclusive growth in the post-reform era. Edited by Rakesh Mohan and Shankar Acharya, the collection features contributions from leading economists who analyze the legacy of Montek Singh Ahluwalia. The essays synthesize historical performance data with forward-looking policy recommendations to address the structural complexities of a modernizing nation.
What You Will Find
Experts recognize this collection as a significant academic resource for understanding the evolution of Indian economic policy. Readers frequently note the technical density of the prose, which serves as a foundational reference for students and practitioners of development economics.
Page Count:
484
Publication Date:
2011-11-10
Publisher:
Oxford University Press
ISBN-10:
0198074956
ISBN-13:
9780198074953
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