Understanding Reforms (OIP): Post - 1991 India

Paperback | August 12, 2012

bySuresh D. Tendulkar, T. A. Bhavani

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This book reviews the background, context, and timing of the economic reforms since July 1991 to showcase the fascinating details on the results achieved in the last twenty years. The authors critically analyse the growth strategy under Nehruvian socialism and the slow growth rate of theIndian economy and, thus, draw attention to the factors that led to reforms. The authors also describe how reforms were sustained in a low-income economy with large diversities and how they successfully survived the emergence of several coalition governments at the Centre as well as the increasingregionalization of Indian politics. This book shows how reforms unleashed India's latent entrepreneurship through increasingly liberalized competitive markets and enabled faster and sustained economic growth. It takes stock of specific reforms initiatives undertaken by the government. This paperback edition includes updates on reformsundertaken in the past five years; a tribute to Suresh D. Tendulkar; and a new preface.

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This book reviews the background, context, and timing of the economic reforms since July 1991 to showcase the fascinating details on the results achieved in the last twenty years. The authors critically analyse the growth strategy under Nehruvian socialism and the slow growth rate of theIndian economy and, thus, draw attention to the f...

The late Suresh D. Tendulkar taught at the Delhi School of Economics till his retirement in 2004. He was Chairman, National Statistical Commission and Prime Minister's Economic Advisory Council, Government of India. T.A. Bhavani is Professor of Economics at the Institute of Economic Growth, Delhi.
Format:PaperbackDimensions:272 pages, 9.65 × 6.5 × 0.68 inPublished:August 12, 2012Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0198085583

ISBN - 13:9780198085584

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Table of Contents

List of Tables and FiguresPreface to the Paperback EditionPreface and AcknowledgementsTribute to Suresh D. Tendulkar1. Questions in the Post-1991 Reforms Process2. The Analytical Framework3. The Development Strategy after Independence4. The Slow-growth Phase: 1950-1 to 1980-15. The Decade of the 1980s6. The 1991 Reforms: Context and Timing7. Continuing Reforms in the Era of Coalition Politics8. The Political Economy of Reforms: Some Individual Initiatives9. Reforms in Perspective: General Issues for IndiaAn Update on ReformsAppendixBibliographyIndex