The [Oxford] Handbook of the Indian Economy

Hardcover | March 27, 2012

EditorChetan Ghate

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India's remarkable economic growth in recent years has made it one of the fastest growing economies in the world. Its rapid growth however has been accompanied by widening regional disparities, poverty, malnutrition, and socio-political instability. Understanding India's dualistic developmentprocess, and the emergence of the Indian economic miracle are crucial in solving the obstacles India faces in transforming itself into a modern 21st century economy. The Handbook features research on core topics by leading scholars to understand the Indian economic miracle and the key debates confronting the Indian economy. The topics are firmly directed at development issues that are germane to India's experience. The Handbook moves beyond traditionalboundaries by featuring areas of research that will be important in the future. Indeed, one of the purposes of the Handbook will be to set an academic standard for current and future research on the Indian economy. The Handbook is divided into seven major sections featuring expert contributions on a host of issues. These range from India's historical development before and after 1947; tackling poverty through innovative public policy; industrialization; implications of the demographic transition; governanceand institutional reform; domestic macroeconomic reform as this relates to fiscal rules, monetary policy transmission, banking sector reform, and trade reform; and India's interaction with the world economy as this relates to the WTO, financial crises, and globalization. A final Looking Aheadchapter reflects upon an agenda for economic research in the 21st century. The Handbook is ambitious in scope, and by being broad, it is diverse in its coverage of topics. By providing a unified and comprehensive treatment of India's complex and dynamic development process, it will be a must-read for both researchers who are new to the field, as well as those who want toupdate and extend their knowledge to the frontier of the field.

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India's remarkable economic growth in recent years has made it one of the fastest growing economies in the world. Its rapid growth however has been accompanied by widening regional disparities, poverty, malnutrition, and socio-political instability. Understanding India's dualistic developmentprocess, and the emergence of the Indian eco...

Chetan Ghate is Associate Professor in the Planning Unit at the Indian Statistical Institute, Delhi.

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Format:HardcoverDimensions:960 pages, 9.75 × 6.75 × 0.98 inPublished:March 27, 2012Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0199734585

ISBN - 13:9780199734580

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Table of Contents

1. Chetan Ghate: IntroductionSection I: India's Historical Development2. Tirthankar Roy: India and the World Economy: 1757-19473. Sadiq Ahmed, Ashutosh Varshney: Battles Half Won: The Political Economy of India's Growth and Economic Policy Since IndependenceSection II: New Insights into Tackling Rural Poverty4. M. Suryanarayana: Estimating Rural Poverty: Distributional Outcomes, Evaluations, and Policy Responses5. Prabal Roy Chowdhury: Micro-finance: The SHG Linkage Program6. Xavier Gines, James Vickrey, Lev Menand, Robert Townsend: Micro-insurance: A Case Study of the Indian Rainfall Insurance Market7. Vegard Iversen: Caste and Upward MobilitySection III: Industrialization8. Poonam Gupta, Utsav Kumar: Performance of Indian Manufacturing in the Post Reform Period9. Sugata Marjit, Saibal Kar: Informal Sector and the Developing World: Relating Theory and Evidence to India10. Rubina Verma: Structural Transformation and Jobless Growth in the Indian Economy11. Abhiroop Sarkar: Development, Displacement and Food Security: Land Acquisition for IndustrializationSection IV: Social Infrastructure and the Demographic Dividend12. Anjini Kochar: Reforming Primary and Secondary Schooling13. Shyam Sunder: Higher Education Reform14. Jishnu Das, Jeffrey Hammer: Health and Health Care Policy in India: The Case for Quality of Care15. David Bloom: Population Dynamics in India and Implications for Economic GrowthSection V: Politics and Policy16. Nirvikar Singh: The Dynamics and Status of India's Economic Reforms17. Stuti Khemani: The Political Economy of Infrastructure Spending in India18. Gautam Bose: Aspects of Bureaucratic Corruption19. Pranab Bardhan: Distributive Conflict and Economic Policy: Some Thoughts on Political Economy20. Pranab Mukhopadhyay, Priya Shyamsundar: Economic Growth and Ecological Sustainability in IndiaSection VI: Macroeconomic Policy Reform21. William Buiter, Urjit Patel: Fiscal Rules in India: Are they Effective?22. Ken Klazer: Financial Frictions and Monetary Policy Transmission in India23. Partha Sen: Monetary Policy, Capital Flows, and the Exchange Rate24. Rajat Achaarya: India's Trade and Exchange Rate Policies: Understanding the BOP Crisis and the Reforms Thereafter25. Subhashis Gangopadhyay, S.K. Shanthi: Domestic Financial Sector Reform26. Samarjit Das: The Convergence Debate and Econometric Approaches: Evidence from IndiaSection VII: India and the World Economy27. Priya Ranjan; Devashish Mitra: The Globalization Debate and India28. Kamal Saggi: India at the WTO: From Uruguay to Doha and Beyond29. Paul Levine, Vasco Gabriel, Bo Yang, Joe Pearlman: An Estimated DSGE Model of the Indian Economy30. Kamhon Kan, Yong Wang: The Development Patterns of India and China: A Perspective with the CES Production FunctionLooking Ahead31. Ashok Kotwal: What more do we want to know about the Indian Economy?