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India: The Emerging Giant

India: The Emerging Giant is a 2008 book by Arvind Panagariya which describes the contemporary state of the economy of India.

India: The Emerging Giant
AuthorArvind Panagariya
CountryUnited States
SubjectEconomy of India
PublisherOxford University Press
Publication date
2008
Pages514
ISBN978-0-19-531503-5
LC ClassHC435.3P36 2007

Synopsis by chapter edit

Each chapter has a main topic and a set of essays on different aspects of that main topic.

Growth and Economic Reforms edit

Distinguishing Four Phases edit

This chapter is divided into these parts:

  • Phase I (1951–65): Takeoff under a Liberal Regime
  • Phase II (1965–81): Socialism Strikes with a Vengeance
  • Phase III (1981–88): Liberalization by Stealth
  • Phase IV (1988-2006): Triumph of Liberalization
  • A Tale of two Countries:India and the Republic of Korea

Poverty, Inequality, and Economic Reforms edit

This chapter is divided into these parts:

  • Declining Poverty: The Human Face of Reforms
  • Inequality: A Lesser Problem

Macroeconomics edit

This chapter is divided into these parts:

  • Deficits and Debt: Is a Crisis around the Corner?
  • The External Sector: On the Road to Capital Account Convertibility?
  • The Financial Sector: Why Not Privatize the Banks?

Transforming India edit

This chapter is divided into these parts:

  • International Trade: Carrying Liberalization Forward
  • Industry and Services: Walking on Two Legs
  • Modernizing Agriculture

The Government edit

This chapter is divided into these parts:

  • Tax Reform: Toward a Uniform Goods and Services Tax
  • Tackling Subsidies and Reforming the Civil Service
  • Telecommunications and Electricity: Contrasting Experiences
  • Transportation: A Solvable Problem
  • Health and Water Supply and Sanitation: Can the Government Deliver?
  • Education: Expenditures or Transfers?

Reviews edit

Nandan Nilekani said that in this book the author has "so convincingly argued (that) open policies and rapid economic growth are the best antidotes for poverty reduction."[1]

The review in Foreign Affairs said, "This is a massive research study that will command the respect of scholars who like to pore over tables, graphs, and charts in search of patterns and connections in the data."[2]

Economist Sally Razeen said that by this book, "Arvind Panagariya has written probably the best all-around, up-to-date, and accessible book on the Indian economy."[3]

References edit

  1. ^ "Oxford University Press: India: Arvind Panagariya". oup.com. 2011. Retrieved 27 October 2011.
  2. ^ Pye, Lucian W. (May–June 2008). "India: The Emerging Giant". Foreign Affairs (May/June 2008). Council on Foreign Relations. Retrieved 27 October 2011.
  3. ^ Razeen, Sally (March 2009). "Demystifying the Hype". Finance & Development. 46 (1). International Monetary Fund.

External links edit

  • Official website
  • author's video presentation on book

india, emerging, giant, 2008, book, arvind, panagariya, which, describes, contemporary, state, economy, india, authorarvind, panagariyacountryunited, statessubjecteconomy, indiapublisheroxford, university, presspublication, date2008pages514isbn978, 531503, cla. India The Emerging Giant is a 2008 book by Arvind Panagariya which describes the contemporary state of the economy of India India The Emerging GiantAuthorArvind PanagariyaCountryUnited StatesSubjectEconomy of IndiaPublisherOxford University PressPublication date2008Pages514ISBN978 0 19 531503 5LC ClassHC435 3P36 2007 Contents 1 Synopsis by chapter 1 1 Growth and Economic Reforms 1 1 1 Distinguishing Four Phases 1 1 2 Poverty Inequality and Economic Reforms 1 1 3 Macroeconomics 1 1 4 Transforming India 1 1 5 The Government 2 Reviews 3 References 4 External linksSynopsis by chapter editEach chapter has a main topic and a set of essays on different aspects of that main topic Growth and Economic Reforms edit Distinguishing Four Phases edit This chapter is divided into these parts Phase I 1951 65 Takeoff under a Liberal Regime Phase II 1965 81 Socialism Strikes with a Vengeance Phase III 1981 88 Liberalization by Stealth Phase IV 1988 2006 Triumph of Liberalization A Tale of two Countries India and the Republic of Korea Poverty Inequality and Economic Reforms edit This chapter is divided into these parts Declining Poverty The Human Face of Reforms Inequality A Lesser Problem Macroeconomics edit This chapter is divided into these parts Deficits and Debt Is a Crisis around the Corner The External Sector On the Road to Capital Account Convertibility The Financial Sector Why Not Privatize the Banks Transforming India edit This chapter is divided into these parts International Trade Carrying Liberalization Forward Industry and Services Walking on Two Legs Modernizing Agriculture The Government edit This chapter is divided into these parts Tax Reform Toward a Uniform Goods and Services Tax Tackling Subsidies and Reforming the Civil Service Telecommunications and Electricity Contrasting Experiences Transportation A Solvable Problem Health and Water Supply and Sanitation Can the Government Deliver Education Expenditures or Transfers Reviews editNandan Nilekani said that in this book the author has so convincingly argued that open policies and rapid economic growth are the best antidotes for poverty reduction 1 The review in Foreign Affairs said This is a massive research study that will command the respect of scholars who like to pore over tables graphs and charts in search of patterns and connections in the data 2 Economist Sally Razeen said that by this book Arvind Panagariya has written probably the best all around up to date and accessible book on the Indian economy 3 References edit Oxford University Press India Arvind Panagariya oup com 2011 Retrieved 27 October 2011 Pye Lucian W May June 2008 India The Emerging Giant Foreign Affairs May June 2008 Council on Foreign Relations Retrieved 27 October 2011 Razeen Sally March 2009 Demystifying the Hype Finance amp Development 46 1 International Monetary Fund External links editOfficial website author s video presentation on book Retrieved from https en wikipedia org w index php title India The Emerging Giant amp oldid 1156626011, wikipedia, wiki, book, books, library,

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