The Making of Miracles in Indian States

Andhra Pradesh, Bihar, and Gujarat

Business & Finance, Economics, International Economics, Nonfiction, Social & Cultural Studies, Political Science, International, Foreign Legal Systems, Economic Development
Cover of the book The Making of Miracles in Indian States by M. Govinda Rao, Oxford University Press
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Author: M. Govinda Rao ISBN: 9780190236649
Publisher: Oxford University Press Publication: April 1, 2015
Imprint: Oxford University Press Language: English
Author: M. Govinda Rao
ISBN: 9780190236649
Publisher: Oxford University Press
Publication: April 1, 2015
Imprint: Oxford University Press
Language: English

Growth miracles typically have been studied at the country level. In The Making of Miracles in Indian States, internationally-renowned economists Arvind Panagariya and M. Govinda Rao bring together a team of six leading scholars to break from that tradition and study three growth miracles in India at the level of the state: Andhra Pradesh, Bihar, and Gujarat. These are three large and diverse states in India: Gujarat has the third-highest per-capita income among the largest eighteen states, Bihar is the poorest, and Andhra Pradesh falls in the middle. Despite vast differences among the states, all three have grown at rates exceeding 8% for an entire decade in the twenty-first century. Each section of this three-part book offers a historical perspective on the state's development and the specific factors that improved its economic fortunes. The three case studies are backed by extensive quantitative documentation. They demonstrate the critical role that leadership, translated into improved policies and implementation, plays in stimulating growth and development. The Making of Miracles in Indian States is essential reading for students and scholars alike, as well as policy makers, NGO workers, and employees of international institutions.

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Growth miracles typically have been studied at the country level. In The Making of Miracles in Indian States, internationally-renowned economists Arvind Panagariya and M. Govinda Rao bring together a team of six leading scholars to break from that tradition and study three growth miracles in India at the level of the state: Andhra Pradesh, Bihar, and Gujarat. These are three large and diverse states in India: Gujarat has the third-highest per-capita income among the largest eighteen states, Bihar is the poorest, and Andhra Pradesh falls in the middle. Despite vast differences among the states, all three have grown at rates exceeding 8% for an entire decade in the twenty-first century. Each section of this three-part book offers a historical perspective on the state's development and the specific factors that improved its economic fortunes. The three case studies are backed by extensive quantitative documentation. They demonstrate the critical role that leadership, translated into improved policies and implementation, plays in stimulating growth and development. The Making of Miracles in Indian States is essential reading for students and scholars alike, as well as policy makers, NGO workers, and employees of international institutions.

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