Taking the period following the advent of liberalization, this book explains the transition of the Indian economy against the backdrop of development. If the ob

Jagdish Bhagwati, one of the world's leading economists, offers a fascinating overview of the policies that produced India's sorry economic performance over a t

India's Economic Transition examines the reforms and their impact on the political economy of India. The introduction to the volume analyzes the politics that s

This paper explores the causes of India's productivity surge around 1980, more than a decade before serious economic reforms were initiated. Trade liberalizatio

According to Nehru, the transition from a backward agricultural society to a modern industrialized society was the only road for India to progress. So, for the