India's Turn: Understanding the Economic Transformation
This 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.
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THE EVOLUTION OF INSTITUTIONS IN INDIA AND ITS
URUGUAY ROUND TEXT IN PERSPECTIVE
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agriculture areas argue average cent China coefficient Coefficient of variation column competition compulsory licensing correlation decadal dummies decline demand developing countries dirigiste diversification Domestic Product economic growth economic performance effects employment EPW Research Foundation evasion evidence example exchange rate exports fast-growing Figure firms foreign GATT GDP per capita greater growth accounting growth rate Herfindahl Index higher impact important improved increase India India dummy India's growth Indian economy infrastructure intensity interacted International Monetary Fund investment labour-intensive Latin America liberalization Log GDP Malaysia measures multilateral negotiations NSDP outcomes output patent protection percentage points period pharmaceutical political Pradesh private sector pro-business productivity growth public institutions public sector Raghuram Rajan ratio registered manufacturing regressions relative represents significance rising Rodrik and Subramanian role share of registered skilled state-level suggests Table tariffs total factor total factor productivity trade value added variable World Bank