India - The Political Economy of Growth, Stagnation and the State, 1951-2007

Business & Finance, Economics, Economic Development, Nonfiction, History, Asian, Asia, Social & Cultural Studies, Social Science, Cultural Studies, Ethnic Studies
Cover of the book India - The Political Economy of Growth, Stagnation and the State, 1951-2007 by Matthew McCartney, Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Matthew McCartney ISBN: 9781134023202
Publisher: Taylor and Francis Publication: May 7, 2009
Imprint: Routledge Language: English
Author: Matthew McCartney
ISBN: 9781134023202
Publisher: Taylor and Francis
Publication: May 7, 2009
Imprint: Routledge
Language: English

Understanding the drivers and inhibitors of economic growth is critical for promoting development in less developed countries, including India. This book examines economic growth in India from 1951 to the present, challenging many accepted orthodox views. It argues that growth and stagnation should be considered over the medium term, and that the precise role of the state – in relation to particular historical and political-economic circumstances – is more important than the overall level of state involvement or disengagement. The book uses an empirical approach to contend that the state has an important role in several key areas including: mobilising a surplus; allocating the surplus in an efficient way to productive investment projects; and in building institutions (including political parties) through which conflict can managed between the different losers and rent-seekers affected by economic changes. It shows how, over time and in periods of growth and stagnation, the state in India has acted in key areas, and how the actions of the state has had a profound impact on economic outcomes. Overall, the book makes a major contribution to understanding the economic history of development in India and to understanding the role of the state in economic development more generally.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Understanding the drivers and inhibitors of economic growth is critical for promoting development in less developed countries, including India. This book examines economic growth in India from 1951 to the present, challenging many accepted orthodox views. It argues that growth and stagnation should be considered over the medium term, and that the precise role of the state – in relation to particular historical and political-economic circumstances – is more important than the overall level of state involvement or disengagement. The book uses an empirical approach to contend that the state has an important role in several key areas including: mobilising a surplus; allocating the surplus in an efficient way to productive investment projects; and in building institutions (including political parties) through which conflict can managed between the different losers and rent-seekers affected by economic changes. It shows how, over time and in periods of growth and stagnation, the state in India has acted in key areas, and how the actions of the state has had a profound impact on economic outcomes. Overall, the book makes a major contribution to understanding the economic history of development in India and to understanding the role of the state in economic development more generally.

More books from Taylor and Francis

Cover of the book Cultures of Communication from Reformation to Enlightenment by Matthew McCartney
Cover of the book Solution-Focused Brief Therapy by Matthew McCartney
Cover of the book History of Countertransference by Matthew McCartney
Cover of the book Clandestine Erotic Fiction in English 1800–1930 by Matthew McCartney
Cover of the book Understanding Collective Pride and Group Identity by Matthew McCartney
Cover of the book The Green Economy in the Global South by Matthew McCartney
Cover of the book The African Origins of Rhetoric by Matthew McCartney
Cover of the book New Labour's Pasts by Matthew McCartney
Cover of the book The Elements Of Social Theory by Matthew McCartney
Cover of the book Urban Land and Property Markets in Sweden by Matthew McCartney
Cover of the book Institute for Learning and Teaching in Higher Education by Matthew McCartney
Cover of the book Discovering Stage Lighting by Matthew McCartney
Cover of the book Presidential Framing in the 21st Century News Media by Matthew McCartney
Cover of the book Negotiating Englishes and English-speaking Identities by Matthew McCartney
Cover of the book From Book to Screen: Modern Japanese Literature in Films by Matthew McCartney
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy