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This volume, in honor of Montek Singh Ahluwalia, brings together scholarship on various aspects of India's economic development. Exploring key economic challenges, the essays cover a wide range of topics-growth, inequality, macroeconomic performance, monetary policy, capital markets, infrastructure, human resources, services, global finance, climate change, and international trade.
List of contents
- List of Tables and Figures
- Foreword by Dr Manmohan Singh
- Introduction
- Section I: Growth, Inequality, and Reform
- 1: Indian Economic Growth 1950-2008: Facts and Beliefs, Puzzles and Policies
- 2: Inequality and Equity during Rapid Growth Process
- 3: Two Episodes in the Reform Process
- Section II: Macroeconomic and Financial Policies
- 4: Macroeconomic Performance and Policies, 2000-8
- 5: India's Financial Sector and Monetary Policy Reforms: Fostering Growth while Containing Risk
- 6: India's Capital Markets, 1991-2008
- Section III: Sectoral Perspectives
- 7: Accelerating Agricultural Growth: Moving from Farming to Value Chains
- 8: Infrastructure at Crossroads
- 9: Social Sector Development: A Perspective from Punjab
- 10: Servicing India's GDP Growth
- Section IV: Global Perspectives
- 11: India in the World
- 12: India's Trade with the World: Retrospect and Prospect
- 13: A Global Deal on Climate Change: A Possible Role for India
About the author
Shankar Acharya is Member, Board of Governors, and Honorary Professor, Indian Council for Research on International Economic Relations, New Delhi.
Rakesh Mohan is Professor in the Practice of International Economics and Finance, School of Management and Senior Fellow, Jackson Institute of Global Affairs, Yale University.
Additional text
... a valuable knowledge base on the recent developments of the Indian economy and its reform process ...
