India's Turn: Understanding the Economic TransformationThis collection analyzes India's economic growth and its integration with the world economy. The essays, both analytical and prescriptive, offer fresh and unconventional answers to questions related to the turning point of India's economy, its pattern of economic development, status of public institutions, and its economic future. The two broad themes underlying the articles are analysing India's economic growth and its integration with world economy. The first relates to India's current and future growth. The chapters in this section are analytical in nature detailing the Indian growth experience in the last three decades. The second relates to the integration of India into the world economy in trade in goods, in ideas, and capital flows. These essays are prescriptive, aimed at Indian policymakers they offer suggestions on policy options to consider and choices to make. They describe the global trading context and the opportunities and constraints that India faced and importantly how quickly these change. |
Other editions - View all
India's Turn: Understanding the Economic Transformation Arvind Subramanian No preview available - 2009 |
India's Turn: Understanding the Economic Transformation Arvind Subramanian No preview available - 2008 |
Common terms and phrases
agriculture average cent China coefficient Coefficient of variation column competition controls correlation decadal dummies decline demand developing countries dirigiste diversification domestic product economic growth economic performance effects employment EPW Research Foundation evidence example exchange rate exports fast-growing Figure firms foreign GDP per capita greater growth accounting growth rate Herfindahl Index higher impact import substitution improved increase India India dummy India's growth Indian economy infrastructure intensity interacted International Monetary Fund investment labour-intensive liberalization Log GDP Malaysia measures multilateral NSDP outcomes output patent protection percentage points period pharmaceutical Pradesh private sector pro-business productivity growth public institutions public sector Raghuram Rajan Ratio of value registered manufacturing regressions relative represents significance Rodrik and Subramanian role share of manufacturing share of registered skilled Source state-level suggests T&D losses Table Tamil Nadu tariffs total factor productivity tradable trade value added World Bank