Since independence in 1947 the Indian economy has been undergoing a process of continuous evolution. Globalization and liberalization have highlighted complex managerial concerns for economic institutions in India. Previous studies have focussed on the financial sector, trade and development and structural adjustment. This book concentrates on these common concerns whilst advising that the sustainability of economic institutions under globalization and liberalization will be determined only by reconciliation between the state and the free market.
Reviews / Votes
'There are numerous books on the Indian Economy: its problems and prospects. It is hard to say anything new and insightful on the subject. But this book manages the improbable. It is an important contribution that no serious student of the Indian economy can afford to neglect.' - Jagdish Bhagwati, Professor of Economics, Columbia University
'This book will help to see India's economy and society become more and more integrated with those of the rest of the world. I recommend it to everybody having interests to study and co-create the future of India.' - Sanjiv Goenka, President, Confederation of Indian Industry; Vice-Chairman and CEO, RPG Enterprises Ltd
'Banerjee and Richter have taken on and succeeded in a most daunting task: saying something new and refreshing on the Indian economy as well as presenting some coherent and practical ideas on how to accelerate its growth. Their book is a collection of 15 thoughtful and well researched essays on three areas critical to the future prospects of Indian economy: fiscal and financial dynamics; exports and trade regime; and institutional development. The book makes a particularly special contribution through its discussion of the issues related to the reconciliation of internal country dynamics (and history) with the global imperatives for the reform of India's economic institutions.' - Harinder Kohli, President and CEO, Centennial Group
Edition
Language
Place of publication
Publishing group
Target group
College/higher education
Professional and scholarly
Illustrations
Dimensions
Height: 21.6 cm
Width: 13.8 cm
ISBN-13
978-1-4039-0109-5 (9781403901095)
Schweitzer Classification
SUMIT AGARWAL Financial Economist, FleetBoston Financial
PRADEEP AGRAWAL Institute of Economic Growth, New Delhi
R.B. ADHIKARI Senior Capacity Building Specialist, Asian Development Bank Institute
BASUDEB BISWAS, Professor, Department of Economics, Utah State University
SUMON KUMAR BHAUMAK Research Fellow, London Business School
SAUD CHOUDHRY Department of Economics, Trent University, Ontario
ANITA GHATAK The University of Greenwich
MADANMOHAN GHOSH Department of Economics, University of Western Ontario
R.N.GHOSH Department of Economics, University of Western Australia
SATISH JAIN, Centre for Economic Studies and Planning, New Delhi
RAGHBENDRA JHA Australia South Asia Research Centre
RAFIQUL ISLAM MOLLA Professor of Economics, North South University, Bangladesh
PARAMITA MUKHERJEE Junior Economist, ICRA, Calcutta
SALIM RASHID Professor of Economics, University of Illinois
TAPEN SINHA, ING Commercial America Chair Professor
JANDHYALA TILAK National Institute of Educational Planning and Administration, New Delhi
MUNIR QUDDUS Dean College of Business, A&M University, USA
Introduction Some Challenges for Fiscal Policy in the New Economy of India; R.Jha Financial Dynamics and India in the 21st Century; A.Ghatak The Indian Banking Sector; S.Bhaumik & P.Mukherjee Liberalization of Financial Intermediaries in India; S.Agarwal Privatization of the Insurance Market in India; S.Sinha Improving India's Export Performance; P.Agrawal India & South Asian Economic Cooperation; R.Adhikari & N.Banskotta Trade Between India and Bangladesh; S.Rashid, M.Quddus & M.Molla The Economic and Functional Dimensions of India-ASEAN Relations; S.Choudhry The Revival of Regional Trade Arrangements; M.Ghosh Higher Education in India; J.Tilak The Lack of Efficient External Markets and Public Support on Longevity; B.Biswas
