Lost glory : India's capitalism story

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Bibliographic Information

Lost glory : India's capitalism story

Sumit K. Majumdar

Oxford University Press, 2018

1st ed

Available at  / 3 libraries

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Includes bibliographical references and index

Description and Table of Contents

Description

Lost Glory: India's Capitalism Story deconstructs India's industrialization story, challenging contemporary ideas about her economy. Based on careful and detailed empirical analyses of India's industrialization, for a period of almost seven decades, the book provides deeply-nuanced depictions of the history of political economy, that have affected India's industrialization over the course of a century. These dimensions of India's economic history have never before been collated and presented. The presentation takes readers on a definitive evidence-based survey of India's industrial landscape. It includes a detailed historical description of the intellectual origins of India's modern industrialization, anchored in a privileged view of economic policy making. Grounded in deep historical and political analyses, that account for the variations, continuities, and changes in institutional contingencies, the facts derived on India's long-term economic performance are used to put the record straight. The findings of the book will transform debate, and set the agenda for thoughtfully assessing what course the Indian economy needs to follow.

Table of Contents

1: Prologue 2: Capital and Capitalism 3: History and Background 4: India's Growth Story 5: India's Mixed Economy Experiments 6: Productive Efficiency Analysis for Six Decades 7: Productive Efficiency and Growth 8: Organization Type and Productive Efficiency 9: Final Thoughts Appendices

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