ENGLISH

Caste, Class, and Capital: The Social and Political Origins of Economic Policy in India

Book information

Publisher
Cambridge University Press
Year
2017
ISBN
1107154502, 9781107154506
Language
english
Format
PDF
Filesize
3 MB (3131483 bytes)
Pages
304\318
Library
Memory of the World Library
Time added
2021-10-03 14:29:36

Description

For millions of poor people in the developing world, economic growth offers prospects for improved well-being. But what are the political and social conditions conducive to growth-oriented policies in poor democracies? This book addresses this highly consequential question by focusing on a specific empirical puzzle - policy variation across Indian states in the competition for private industrial investment, a phenomenon that came to the fore after the country adopted market reforms in 1991. Through the analysis of investment policies, this book offers a novel explanation, which links social identity, class, and economic policy outcomes. Its main findings highlight a link between pro-business policies and exclusionary political trends in India's high growth phase, and offer a sobering perspective on the current model of growth in the country. The book adds to our understanding of Indian political economy as well as to the dynamics of economic development in poor democracies. Cover Half-title page Title page Copyright page Dedication Contents List of Figures List of Tables Acknowledgments List of Abbreviations 1 Introduction: Growth-Oriented Policies and Poor Electorates 2 The Argument: Social Identity, Electoral Coalitions, and Investment Policies 3 Diverse Policy Responses to the Competition for Investment 4 Contrasting Coalitions and Policy Outcomes: Gujarat and Punjab 5 Fluctuating Coalitions and Commitments: Andhra Pradesh and Bihar 6 Expanding the Scope of Analysis 7 Conclusion References Index

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