Description
This book examines the relationship between growth and liberalization in India from 1991 to 2008. It analyses the recent 'miracle growth rate' and its sustainability in the current Indian economic environment. It also explores and re-evaluates the historical experience of planning in India between 1950 and 1980 and discusses how far growth is the result of liberalization, and how strong the case is for continued liberalization today.
The phenomenal growth and liberalisation of the Indian economy has been the subject of extensive scholarly documentation and competing interpretations. This book examines the key period of liberalisation in India from 1991 to 2008. It analyses the relationship between growth and liberalisation and, in particular, the recent 'miracle growth rate' and its sustainability in the current Indian economic environment. It explores and re-evaluates the historical experience of planning in India between 1950 and 1980 and discusses how far growth is the result of liberalisation, and how strong the case is for continued liberalisation today. The book is a significant contribution to the growing debate on economic growth and liberalisation and will appeal to students, researchers, lecturers and all those interested in South Asia in general and, India, in particular. It is also an essential resource for the study of international political economy and development economics.
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