India’s Turn: Understanding the Economic Transformation

Description

This collection analyzes India's economic growth and its integration with the world economy. The essays, both analytical and prescriptive, offer fresh and unconventional answers to questions related to the turning point of India's economy, its pattern of economic development, status of public institutions, and its economic future. The two broad themes underlying the articles are analysing India's economic growth and its integration with world economy. The first relates to India's current and future growth. The chapters in this section are analytical in nature detailing the Indian growth experience in the last three decades. The second relates to the integration of India into the world economy in trade in goods, in ideas, and capital flows. These essays are prescriptive, aimed at Indian policymakers they offer suggestions on policy options to consider and choices to make. They describe the global trading context and the opportunities and constraints that India faced and importantly how quickly these change.