India in Transition: Freeing the Economy

Paperback | January 1, 1995

byJagdish Bhagwati

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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 third of a century. His analysis puts into sharp focus the crippling effects of the inward-looking, bureaucratic regime that grew toKafkaesque dimensions, starting in the early 1950s. It provides a coherent and convincing rationale for the economic reforms begun in June 1991 by the new government of Prime Minister Rao. These reforms are set into historical and analytical perspective. Written with wit and elegance, this text ofthe 1992 Radhakrishnan Lectures at Oxford has quickly gained a wide readership.

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From Our Editors

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 third of a century. His analysis puts into sharp focus the crippling effects of the inward-looking, bureaucratic regime that grew to Kafkaesque dimensions, starting in the early ...

From the Publisher

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 third of a century. His analysis puts into sharp focus the crippling effects of the inward-looking, bureaucratic regime that grew toKafkaesque dimensions, starting in the early 1...

From the Jacket

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 third of a century. His analysis puts into sharp focus the crippling effects of the inward-looking, bureaucratic regime that grew to Kafkaesque dimensions, starting in the early ...

Jagdish Bhagwati is Arthur Lehman Professor of Economics and Professor of Political Science, Columbia University.

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Format:PaperbackDimensions:120 pages, 8.43 × 5.43 × 0.01 inPublished:January 1, 1995Publisher:Oxford University Press

The following ISBNs are associated with this title:

ISBN - 10:0198288476

ISBN - 13:9780198288473

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From Our Editors

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 third of a century. His analysis puts into sharp focus the crippling effects of the inward-looking, bureaucratic regime that grew to Kafkaesque dimensions, starting in the early 1950s. It provides therefore a coherent and convincing rationale for the economic reforms begun in June 1991 by the new government of Prime Minister Rao. These reforms, also discussed by Professor Bhagwati, are thus set into historical and analytical perspective. Written with wit and elegance, this text of the 1992 Radhakrishnan Lectures at Oxford is readily accessible to a wide readership.

Editorial Reviews

'India's economic performance, is chronicled with customary brilliance by Jagdish Bhagwati in one of the most eagerly awaited books of the year ... India in Transition will remain an enduring part of economics literature for its incisive and witty account of India's economic performance andfor one of the most comprehensive and powerful treatments of poverty ever seen in recent years.'Srivatsa Krishna, The Economic Times