Understanding the Indian Economy from the Post-Reforms of 1991, Volume II

Preface

This book is the second volume in the series of eight such volumes and provides a summary of and highlights the changes that development thinking has undergone over the years. The book consists of 13 chapters. It is designed to provide a glimpse of the sparks that have ignited the development of the Indian economy. Each chapter of the book combines narrative, development, and analysis of the Indian economy. These chapters offer a guide to and an interpretation of the growth of the Indian economy. At the heart of the book is a series of ideas developed by economists. India began its process of development in environments marked by sharp shortages, institutional failures, and imbalances of various kinds. As such, the institutional environment ...