Taking the period following the advent of liberalization, this book explains the transition of the Indian economy against the backdrop of development. If the ob

Jagdish Bhagwati, one of the world's leading economists, offers a fascinating overview of the policies that produced India's sorry economic performance over a t

This paper explores the causes of India's productivity surge around 1980, more than a decade before serious economic reforms were initiated. Trade liberalizatio

India's Economic Transition examines the reforms and their impact on the political economy of India. The introduction to the volume analyzes the politics that s