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About this product
- DescriptionIt is a measure of the youthfulness of ecomics as a discipline that two centuries after the appearance of Adam Smith's landmark treatise The Wealth of Nations, an ecomist has posed the question 'How do ecomies grow?' This comprehensive study of ecomic growth in India is intended as a response to this question. As history, it surveys the half century from the end of colonial rule to the present; as progsis, it focuses on what we may expect in the immediate future. Drawing upon diverse strands of theory, historical perspective, political ecomy, and ecometrics, the book presents an eclectic and original narrative of the Indian growth experience. The main body of the book is divided into four chapters. Chapter 1 provides a critical exposition of some prominent theoretical representations of growth and a historical perspective on its drivers. The remaining three chapters provide a fresh analysis of three periods, respectively, 1950-64, 1965-91, and 1991 onwards. Presenting a favourable appraisal of the growth record of early independent India and an account of how the advantage was lost, the book argues that it is t just 'more reforms' that stand in the way of sustained double-digit growth rates. The prospects for high long-term growth in India are instead linked with development of agriculture and education, particularly schooling. Further, the author proposes that inclusive growth is t just some optional extra, however desirable, but intrinsic to the prosperity of the country. The possibility of such an outcome, he argues, is tied more to the state's capacity to govern the public institutions once created by it than its command over resources.
- Author BiographyPulapre Balakrishnan is Senior Fellow, Centre for Contemporary Studies, Nehru Memorial Museum and Library, New Delhi; and Visiting Professor, Centre for International Trade and Development, School of International Studies, Jawaharlal Nehru University, New Delhi.
- Author(s)Balakrishnan Pulapre
- PublisherOUP India
- Date of Publication19/08/2010
- SubjectEconomics: Professional & General
- Place of PublicationNew Delhi
- Country of PublicationIndia
- ImprintOUP India
- Out-of-print date01/02/2017
- Content NoteIllustrations
- Weight522 g
- Width145 mm
- Height221 mm
- Spine28 mm
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