1.

Record Nr.

UNINA9910789815103321

Titolo

Sustaining India's growth miracle / / edited by Jagdish N. Bhagwati and Charles W. Calomiris

Pubbl/distr/stampa

New York, : Columbia Business School, 2008

ISBN

1-283-00836-X

9786613008367

0-231-51294-5

Descrizione fisica

1 online resource (289 p.)

Collana

Columbia Business School Publishing

Altri autori (Persone)

BhagwatiJagdish N. <1934->

CalomirisCharles W

Disciplina

338.954

Soggetti

POLITICAL SCIENCE / International Relations / General

India History

India Economic policy 1991- Congresses

India Relations United States Congresses

United States Relations India Congresses

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Front matter -- CONTENTS -- ACRONYMS -- EDITORS' ACKNOWLEDGMENTS -- Introduction / Bhagwati, Jagdish N. / Calomiris, Charles W. -- 1. Transforming India / Panagariya, Arvind / Bosworth, Barry / Desai, Mihir A. -- 2. Unfinished Reform Agendum: Fiscal Consolidation and Reforms / Srinivasan, T. N. / Govinda Rao, M. -- 3. Reforming the Indian Electricity Supply Industry / Wolak, Frank A. / Wallack, Jessica -- 4. The Indian Software Industry and Its Prospects / Arora, Ashish / Levy, Frank -- 5. India: Past, Present, and Future / Bhagwati, Jagdish / Panagariya, Arvind / Sen, Ronen / Shourie, Arun / Wisner, Frank -- 6. India: An Emerging Giant / Nath, Kamal -- CONTRIBUTORS -- Index

Sommario/riassunto

The economy of India is growing at a rate of 8 percent per year, and its exports of goods and services have more than doubled in the past three years. Considering these trends, economists, scholars, and political leaders across the globe are beginning to wonder whether India's growth can be sustained. The contributors to this volume



analyze the forces behind India's emerging role as a world economic player and identify the hidden weaknesses that, if unaddressed, may slow the country's growth. Chapters suggest how to transform India's primarily rural population into a gainfully employed modern sector; methods to achieve fiscal sustainability and consolidation; infrastructure bottlenecks, especially in terms of finite energy resources; and, given the country's complex electoral government and global political position, the obstacles toward effecting policy reform. Sustaining India's Growth Miracle is a valuable resource for practitioners, policymakers, students, and scholars. It tackles issues from political, economic, and academic perspectives, and the concluding chapter, a talk given by the commerce and industry minister of India, discusses the country's position as a world power, outlining several reasons for its success and exploring the difficulties that lie ahead.