Description
Book SynopsisThis volume, in honor of Montek Singh Ahluwalia, brings together scholarship on various aspects of India's economic development. Exploring key economic challenges, the essays cover a wide range of topics-growth, inequality, macroeconomic performance, monetary policy, capital markets, infrastructure, human resources, services, global finance, climate change, and international trade.
Trade Review... a valuable knowledge base on the recent developments of the Indian economy and its reform process ... * Chiara Mariotti, Economic Issues *
Table of ContentsLIST OF TABLES AND FIGURES ; FOREWORD BY DR MANMOHAN SINGH ; INTRODUCTION ; SECTION I: GROWTH, INEQUALITY, AND REFORM ; 1. Indian Economic Growth 1950-2008: Facts and Beliefs, Puzzles and Policies ; 2. Inequality and Equity during Rapid Growth Process ; 3. Two Episodes in the Reform Process ; SECTION II: MACROECONOMIC AND FINANCIAL POLICIES ; 4. Macroeconomic Performance and Policies, 2000-8 ; 5. India's Financial Sector and Monetary Policy Reforms: Fostering Growth while Containing Risk ; 6. India's Capital Markets, 1991-2008 ; SECTION III: SECTORAL PERSPECTIVES ; 7. Accelerating Agricultural Growth: Moving from Farming to Value Chains ; 8. Infrastructure at Crossroads ; 9. Social Sector Development: A Perspective from Punjab ; 10. Servicing India's GDP Growth ; SECTION IV: GLOBAL PERSPECTIVES ; 11. India in the World ; 12. India's Trade with the World: Retrospect and Prospect ; 13. A Global Deal on Climate Change: A Possible Role for India