Economic Reform in India

by Hope, Nicholas C.; Kochar, Anjini; Noll, Roger; Srinivasan, T. N.

• ISBN13: 9781107020047
• ISBN10: 1107020042
• Format: Hardcover
• Copyright: 2013-01-21
• Publisher: Cambridge Univ Pr

Summary

The essays in this volume are written by leading economists working on the Indian economy. They collectively emphasize the importance of policies and institutions for sustained growth and poverty reduction, stressing that the success of sector-specific policies is vitally dependent on the nature of markets and the functioning of institutions such as those charged with regulating and overseeing critical sectors. Individual contributions assess the role of Indian government policy in several key sectors and emphasize the policies required to ensure improvements in these sectors. The first section discusses aspects of the macro economy; the second deals with agriculture and social sectors; the third with jobs and how labor markets function in agriculture, industry and services; and the fourth with infrastructure services, specifically those of electricity, telecommunications, and transport. The essays are drawn from the most influential papers presented in recent years on Indian economic policy at the Stanford Center for International Development.

Table of Contents

Introduction

The Macro Economy

Federalism and economic development in India: an assessment

India and China: trade and foreign investment

Financial sector reforms and monetary policy: the Indian experience

Institutional Reforms: Agriculture and Education

Land reform, decentralized governance and rural development in West Bengal

Market-driven agricultural growth: contrasting experiences in Punjab and Rajastham

India's higher education opportunity Naushad Forbes

Improving the quality of rural primary schools: an evaluation of a computer aided learning program in south India Verghese

Employment, Industrial Structure and Poverty

The missing middle

Some aspects of the trends in employment and unemployment in Bihar and Kerala since the seventies

Size matters: urban growth and poverty in India 1983-2005

Infrastructure: Electricity and Transportation

An assessment of Indian telecommunications reform

Managing demand-side economic and political constraints on electricity industry restructuring process

Moving India: the political economy of transport sector reform

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