
Growth Miracles Typically Have Been Studied At The Country Level. In The Making Of Miracles In Indian States, Internationally-renowned Economists Arvind Panagariya And M. Govinda Rao Bring Together A Team Of Six Leading Scholars To Break From That Tradition And Study Three Growth Miracles In India At The Level Of The State: Andhra Pradesh, Bihar, And Gujarat. These Are Three Large And Diverse States In India: Gujarat Has The Third-highest Per-capita Income Among The Largest Eighteen States, Bihar Is The Poorest, And Andhra Pradesh Falls In The Middle. Despite Vast Differences Among The States, All Three Have Grown At Rates Exceeding 8% For An Entire Decade In The Twenty-first Century. Each Section Of This Three-part Book Offers A Historical Perspective On The State's Development And The Specific Factors That Improved Its Economic Fortunes. The Three Case Studies Are Backed By Extensive Quantitative Documentation. They Demonstrate The Critical Role That Leadership, Translated Into Improved Policies And Implementation, Plays In Stimulating Growth And Development. The Making Of Miracles In Indian States Is Essential Reading For Students And Scholars Alike, As Well As Policy Makers, Ngo Workers, And Employees Of International Institutions.
This book investigates the specific economic policies and leadership factors that enabled three diverse Indian states—Andhra Pradesh, Bihar, and Gujarat—to achieve sustained growth rates exceeding 8% during the twenty-first century.
Authors Arvind Panagariya and M. Govinda Rao, both distinguished economists, assemble a team of scholars to shift the focus of development analysis from the national level to the state level. By examining these three distinct regions, the authors argue that effective leadership and the subsequent implementation of improved policy frameworks are the primary drivers of regional economic transformation. The text utilizes a comparative approach to isolate the variables that contribute to rapid development in varying socioeconomic contexts.
What You Will Find
Scope Limits
Experts recognize this work as a significant contribution to the study of Indian federalism and regional economic development. Readers frequently note the academic rigor and the density of the quantitative data provided, making it a valuable resource for policy researchers and students of development economics.
Page Count:
320
Publication Date:
2015-01-01
Publisher:
Oxford University Press, Incorporated
ISBN-10:
0190236639
ISBN-13:
9780190236632
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