Political Economy, Growth and Liberalisation in India, 1991-2008

This book examines the key period of liberalisation in India from 1991 to 2008. It analyses the relationship between growth and liberalisation and, in particular, the recent 'miracle growth rate' and its sustainability in the current Indian economic environment. This book is a significant contribution to the growing debate on economic growth and liberalisation, and the broader subject of economic development in India and other developing countries.

Part I: Topics in LiberalisationChapter 2: Drawing the Wrong Lessons from History: A Re-evaluation of Planning and State-led Industrialisation in India, 1950 - 1980Chapter 3: A Tale of Two Paradoxes: Growth without Liberalisation 1980 to 1991 and liberalisation without (increased) growth after 1991 - 2005Chapter 4:Convergence and Divergence among States in India: A Dissenting AnalysisChapter 5: India: The New Asian 'Miracle' or a Temporary Boom and BustPart II: The Political Economy of GrowthChapter 6: Intermediate Classes and Liberalisation, from Stagnation to Economic GrowthChapter 7: Dominant Classes, Conflict, Coalition and Liberalisation