Understanding Reforms: Post-1991 India
Suresh Tendulkar and T.A. Bhavani
Abstract
This book analyses the background and context of the reforms since 1991, while tracing the remarkable transformation of India from a slow-growing economy to one of the fastest in the world. It critically analyses the growth strategy under Nehruvian socialism and the slow growth rate of the Indian economy and, thus, draws attention to the factors that led to reforms. It also describes how reforms were sustained in a low-income economy with large diversities and how they successfully survived the emergence of several coalition governments at the centre as well as the increasing regionalization o ... More
Keywords: reforms, India, Nehruvian socialism, market economy, low-income economy, coalition government, economic growth, liberalization, globalization, privatization
Bibliographic Information
| Print publication date: 2012 | Print ISBN-13: 9780198085584 |
| Published to Oxford Scholarship Online: September 2012 | DOI:10.1093/acprof:oso/9780198085584.001.0001 |
