State Level Reforms, Growth, and Development in Indian States

ISBN-13: 9780199367863 / Angielski / Twarda / 2014 / 320 str.

Arvind Panagariya; Pinaki Chakraborty; M. Govinda Rao

Opis

Most discussions of India's recent economic growth focus on progress and policies at the national level. But with a population of 1.2 billion, several of the states in India are larger than many of the countries in the world. Therefore, a more complete understanding of India's ongoing experiment in economic reforms requires a study at the state level.

State Level Reforms, Growth, and Development in Indian States provides the first-ever comprehensive analysis of growth and reforms in the highly diverse states of the country. The authors argue that when the national government loosened its controls on industry and services, state governments began shaping the fortunes of their citizens through state-level policy reforms, resulting in faster growth in every state over the last decade than any other decade in the post-independence era. In fact, some of the poorest states, notably Bihar and Odisha, have been growing the fastest.

Professors Panagariya and Chakraborty and Dr. Rao refute the common assumptions that growth has not occurred or that poverty has not been reduced in all Indian states. The recent reforms have also led to improved access in every state to basic amenities such as permanent houses, electricity, water, and sanitation. These accomplishments notwithstanding, regional inequality on a per capita basis has grown as well. The authors analyze the economic transformation that has taken place in the largest eighteen states of India and suggest reforms in areas of agriculture, industry, services and urbanization that can further accelerate this transformation. They also provide a comprehensive analysis of education and health in the states.

Recenzje

This book presents the first-ever state-level assessment of growth, development, and reform of India. The book is systematic, comprehensive, data-driven, and thoughtfully and carefully argued. Indeed, this book will stand as a landmark in our understanding of India's growth experience over the last 30 years. This book will be a revelation to those who study India's growth, and will almost certainly become a classic reference in this field.

O autorze

Arvind Panagariya is Professor of Economics and Jagdish Bhagwati Professor of Indian Political Economy at Columbia University. Pinaki Chakraborty is Professor at the National Institute of Public Finance and Policy, New Delhi and Honorary Research Scholar at Jerome Levy Institute of Bard College, New York. M. Govinda Rao is Director of the National Institute of Public Finance and Policy, New Delhi and Member of the Advisory Council to the Prime Minister of India.