Author: Bimal Jalan

Publisher: Penguin UK

Published: 2013-03-15

Total Pages: 336

ISBN-13: 8184756003

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"As India marks the twenty-year milestone of economic liberalization, some concerns about the country’s future prospects as an emerging power are beginning to be voiced; often, these stem from the past history of sharp swings in India’s fortunes. Bimal Jalan, one of the country’s well-known economists and former Governor of the Reserve Bank of India, has closely followed the path of India’s economic policies across its changing trajectories, from before the time the economy was liberalized to the very present The pieces that appear here were all written during the last twenty years, with the exception of three prescient notes from the mid-1970s highlighting the need for economic reforms to foster growth. The principal thought behind these essays is that, in the past twenty years, India’s capacity to grow faster than ever before has increased substantially because of its comparative advantage in relation to other countries. However, Jalan points out that for India to seize the opportunities that lie ahead, it is essential to bring about further reforms in the running of India’s politics and administration in order to ensure inclusive and incremental economic growth. "

Download or read book Emerging India written by Bimal Jalan and published by Penguin UK. This book was released on 2013-03-15 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: "As India marks the twenty-year milestone of economic liberalization, some concerns about the country’s future prospects as an emerging power are beginning to be voiced; often, these stem from the past history of sharp swings in India’s fortunes. Bimal Jalan, one of the country’s well-known economists and former Governor of the Reserve Bank of India, has closely followed the path of India’s economic policies across its changing trajectories, from before the time the economy was liberalized to the very present The pieces that appear here were all written during the last twenty years, with the exception of three prescient notes from the mid-1970s highlighting the need for economic reforms to foster growth. The principal thought behind these essays is that, in the past twenty years, India’s capacity to grow faster than ever before has increased substantially because of its comparative advantage in relation to other countries. However, Jalan points out that for India to seize the opportunities that lie ahead, it is essential to bring about further reforms in the running of India’s politics and administration in order to ensure inclusive and incremental economic growth. "