The Oxford handbook of the Indian economy in the 21st century: understanding the inherent dynamism
- New Delhi Oxford University Press 2014
- lxxiv, 965 p.
Table of Contents:
Foreword - Bimal Jalan Preface 1. Introduction and Overview Ashima Goyal I. STRUCTURE AND REFORM 2. Drivers of Growth: Sources and Sectors Laveesh Bhandari and Sumita Kale 3. Political Economy of Growth Rahul Mukherji 4. After Liberalising Reforms: Public Policy at Crossroads Pulapre Balakrishnan II. THE MACROECONOMY 5. Inflation in India: Trends and Determinants Deepak Mohanty 6. Fiscal and Monetary Policy: Outcomes and Coordination Romar Correa 7. Markets and Monetary Policy Transmission: Structure and Openness K. Kanagasabapathy, Rekha A. Bhangaonkar, and Shruti Pandey III. THE OPEN ECONOMY 8. Openness and Growth in the Indian Economy Soumyen Sikdar 9. Financial Globalization in India: Opportunity and Volatility Renu Kohli 10. Reforms and Global Economic Integration of Indian Economy: Emerging Patterns, Challenges and Future Directions Nagesh Kumar IV. INCLUSION: EQUALITY AND OPPORTUNITY 11. Poverty and Inequality: Redesigning Intervention Raghbendra Jha and Anurag Sharma 12. Policy Design for Food Security in India: Ensuring Stable Supplies and Economic Access Shikha Jha and P.V. Srinivasan 13. Harnessing the Demographic Dividend in India: Can Primary Education Deliver? Rukmini Banerji and Wilima Wadhwa 14. Health Security Gita Sen 15. Castes, Gender, and Class: Dynamism or Stasis? Ashwini Deshpande V. GOVERNANCE 16. Government Taxes and Expenditures: Experience and Reform Parthasarathi Shome 17. The Dynamics of Urban Governance in India Abhay Pethe, Vaidehi Tandel, and Sahil Gandhi 18. Issues in Federalism and Decentralization T. R. Raghunandan 19. Law and Regulation: Towards Social Control of Economic Activities in India A.V. Raja and Francis Xavier Rathinam 20. The Evolving System of Corporate Governance in India Jayati Sarkar and Subrata Sarkar VI. INFRASTRUCTURE 21. A Governance Analysis of Transportation in India S. Sriraman 22. Infrastructure: Source of Growth or Bottleneck? Ram Singh and Pram Jit 23. Private Participation in Power Distribution Reforms Siddharth Sinha 24. Promoting SEZ as a Policy of Industrialisation and Lessons Learnt Aradhna Aggarwal VII. SECTORS 25. Agriculture in India: Performance, Challenges, and Opportunities Mahendra Dev, Srijit Mishra, and Vijaylaxmi Pandey 26. New Sources of Dynamism in Industry Bandi Ram Prasad 27. Making Indian ICT Work for India Rohit Prasad 28. Urban Informal Sector: Functioning, Constraints and Mobility Arup Mitra 29. The Unorganized Sector and Access to Finance in Rural India Saibal Kar and Meghna Dutta VIII. FACTORS: TECHNOLOGY, LABOUR, AND FINANCE 30. Science, Technology, Innovation, and Development: Changing Trajectories and Paradigms K.J. Joseph and Kiran Kumar 31. Labour Markets: Balancing Freedom and Protection Bibhas Saha and Rupayan Pal 32. The Financial Sector in India: An Overview Rajesh Chakrabarti 33. Banks: Financing the Future T.T. Ram Mohan 34. Financial Intermediation and Economic Development: Evidence from Bihar Sanjay Banerji, Krishna Gangopadhyay, Prashant Gupta, and Sushanta Mallick About the Editor and Contributors Index
After experiencing stagnation for much of the post-independence period, India has shown considerable dynamism in processes and outcomes since the mid-eighties. The post-reform Indian Economy has defied established economic patterns and in the process created a few paradoxes. This book aims to identify policies, institutions and incentives that have worked, and constraints that have emerged in India's growth prospects.
More than underdevelopment, the book analyses the bottlenecks that emerge as change occurs, to minimize the chances of being trapped into the dated habits of thought. It takes opportunity from rapidly transforming Indian economy to analyse out-of-equilibrium behaviour and understand the dynamics of non-conventional growth path.