India is widely regarded as the most celebrated case of a "failed" developmental state, seemingly the exception that belies the prediction of a triumphant Asian century. Its central political and economic institutions have been variously characterized as both "soft" and "strong" at once weak, predatory, and interventionist. Aseema Sinha presents an innovative model that questions conventional views of economic development by showing that the Indian state is a divided leviathan: its developmental failure is the combined product of central-local interactions and political choices by regional...
India is widely regarded as the most celebrated case of a "failed" developmental state, seemingly the exception that belies the prediction of a tri...
India's recent economic transformation has fascinated scholars, global leaders, and interested observers alike. In 1990, India was a closed economy and a hesitant and isolated economic power. By 2016, India has rapidly risen on the global economic stage; foreign trade now drives more than half of the economy and Indian multinationals pursue global alliances. Focusing on second-generation reforms of the late 1990s, Aseema Sinha explores what facilitated global integration in a self-reliant country pre-disposed to nationalist ideas. The author argues that the impact of globalization on India...
India's recent economic transformation has fascinated scholars, global leaders, and interested observers alike. In 1990, India was a closed economy an...