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Economic Reform in India - Challenges, Prospects, and Lessons (Hardcover, New)
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Economic Reform in India - Challenges, Prospects, and Lessons (Hardcover, New)
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The essays in this volume are written by leading economists working
on the Indian economy. They collectively emphasize the importance
of policies and institutions for sustained growth and poverty
reduction, stressing that the success of sector-specific policies
is vitally dependent on the nature of markets and the functioning
of institutions such as those charged with regulating and
overseeing critical sectors. Individual contributions assess the
role of Indian government policy in several key sectors and
emphasize the policies required to ensure improvements in these
sectors. The first section discusses aspects of the macro economy;
the second deals with agriculture and social sectors; the third
with jobs and how labor markets function in agriculture, industry
and services; and the fourth with infrastructure services,
specifically those of electricity, telecommunications, and
transport. The essays are drawn from the most influential papers
presented in recent years on Indian economic policy at the Stanford
Center for International Development.
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