India in transition : freeing the economy
Author(s)
Bibliographic Information
India in transition : freeing the economy
（Clarendon paperbacks）
Clarendon Press , Oxford University Press, 2011, c1993
- : [pbk]
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Note
"Reprinted 2011"--T.p. verso
"This volume has grown out of the three Radhakrishnan Lectures ... at Oxford University in the first week of June 1992"--Pref
Includes bibliographical references and index
Description and Table of Contents
Description
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 third of a century. His analysis puts into sharp focus the crippling effects of the inward-looking, bureaucratic regime that grew to Kafkaesque dimensions, starting in the early 1950s. It provides a coherent and convincing rationale for the economic reforms begun in June 1991 by the new government of Prime
Minister Rao. These reforms, also discussed by Professor Bhagwati, are thus set into historical and analytical perspective. Written with wit and elegance, this text of the 1992 Radhakrishnan Lectures at Oxford has quickly gained a wide readership.
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