State Level Reforms, Growth, and Development in Indian States (Hardcover)

Arvind Panagariya

ISBN 10: 0199367868 / ISBN 13: 9780199367863

Editore: Oxford University Press Inc, New York, 2014

Riguardo questo articolo

Hardcover. Most discussions of India's recent economic growth focus on progress and policies at the national level. But with a population of 1.2 billion, several of the states in India are larger than many of the countries in the world. Therefore, a more complete understanding of India's ongoing experiment in economic reforms requires a study at the state level.State Level Reforms, Growth, and Development in Indian States provides the first-evercomprehensive analysis of growth and reforms in the highly diverse states of the country. The authors argue that when the national government loosened its controls on industry and services, state governmentsbegan shaping the fortunes of their citizens through state-level policy reforms, resulting in faster growth in every state over the last decade than any other decade in the post-independence era. In fact, some of the poorest states, notably Bihar and Odisha, have been growing the fastest.Professors Panagariya and Chakraborty and Dr. Rao refute the common assumptions that growth has not occurred or that poverty has not been reduced in all Indian states. The recent reformshave also led to improved access in every state to basic amenities such as permanent houses, electricity, water, and sanitation. These accomplishments notwithstanding, regional inequality on a percapita basis has grown as well. The authors analyze the economic transformation that has taken place in the largest eighteen states of India and suggest reforms in areas of agriculture, industry, services and urbanization that can further accelerate this transformation. They also provide a comprehensive analysis of education and health in the states. In this first-ever comprehensive state-level analysis of the economic reforms in India, the authors show that, unlike China, the acceleration of growth in the 2000s has been broad-based with nearly every state growing faster than during any other decade. The authors outline state-level reforms in agriculture, land and labor markets, urban development, and infrastructure that are required for speedy economic transformation. This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability.

Codice articolo 9780199367863

Dati bibliografici

• Titolo: State Level Reforms, Growth, and Development in Indian States (Hardcover)
• Editore: Oxford University Press Inc, New York
• Data di pubblicazione: 2014
• Lingua: Inglese
• ISBN 10: 0199367868
• ISBN 13: 9780199367863
• Rilegatura: Hardcover
• Condizione: new

Descrizione articolo

Riassunto

Most discussions of India's substantive economic growth since the 1990s tend to focus on national level statistics or on particular sectors such as the financial and call service sectors or on the pharmaceutical industry. But with a population of 1.2 billion, India demands to be treated like a collection of individual "countries, " rather than a unified nation. Ten of its states have populations equaling or exceeding that of the United Kingdom. If the state of Uttar Pradesh were a country, it would be the fourth largest, behind China, India, and the United States. These facts pointedly tell us that if we are to understand the ongoing experiment in economic reforms and poverty alleviation, we must study India at the level of the state.

In this spirit, State Level Reforms and Growth and Development in Indian States provides the first-ever comprehensive analysis of growth at the highly diverse state level. The authors argue that when the national government loosened its stronghold on industry and services, state governments were able to shape the fortunes of their citizens through state-level policy reforms. Because of this, every Indian state experienced accelerated growth, unlike China during the first two decades of its development when the eastern half flourished as the western half lagged. Every Indian state has grown faster in the last decade than any other decade in the post-independence era. In fact, some of the poorest states, notably Bihar and Orissa, have been growing the fastest.

Professors Panagariya and Chakraborty and Dr. Rao refute the common assumptions that growth has not occurred or that poverty has not been reduced in all Indian states. The recent reforms have also led to improved access in every state to basic amenities such as permanent houses, electricity, water, and sanitation. These accomplishments notwithstanding, regional inequality on a per capita basis has grown as well. Reforms in state-controlled sectors such as agriculture, industry, healthcare, and education have not advanced as far as some analysts previously predicted. The authors outline the reforms in these areas and draw on the experience of states that have successfully carried out some of them. The authors pay special attention to reforms in the areas of education and health while recognizing that the Indian constitution vests in the states much of this legislative and other authority and while considering the real absolute rise in income, literacy, and health status across all the states.

Informazioni sull?autore

Arvind Panagariya is Professor of Economics and Jagdish Bhagwati Professor of Indian Political Economy at Columbia University. Pinaki Chakraborty is Professor at the National Institute of Public Finance and Policy, New Delhi and Honorary Research Scholar at Jerome Levy Institute of Bard College, New York. M. Govinda Rao is Director of the National Institute of Public Finance and Policy, New Delhi and Member of the Advisory Council to the Prime Minister of India.