Reforms and Economic Transformation in India

<br>"This is the second volume in the 'Studies in Indian Economic Policies' series, which examines India's 1991 economic reforms. Its main focus is on how the 1991 economic reforms have affected India's industrial structure to as recently as 2009. As was the first volume, this one too is highly analytical. In essence, it gives additional empirical testimony to the mostly positive results of the 1991 reforms that included privatizing, delicensing, encouraging foreign investments, liberalizing international trade, and reforming the private sector. Some articles discuss remaining impediments to continued inclusive growth and prosperity. The index helps greatly with numerous acronyms. Highly recommended. Upper-division undergraduate through research collections."--CHOICE<p><br>

<br>Jagdish Bhagwati, University Professor at Columbia University and Senior Fellow in International Economics at the Council on Foreign Relations, is a prominent economist. He has made pioneering contributions to the study of development, globalization, international trade, foreign aid, and immigration. He also writes frequently for leading media worldwide. He has served in many advisory roles, including at the GATT as Economic Policy Adviser to Director General Arthur Dunkel and at the UN to Secretary General Kofi Annan on Globalization and on NEPAD Process in Africa. He works with many NGOs, including Human Rights Watch. <br>Arvind Panagariya is Professor of Economics & Jagdish Bhagwati Professor of Indian Political Economy at Columbia University and a Non-resident Senior Fellow at the Brookings Institution. He has written and edited ten books. His last book, India: The Emerging Giant (OUP, 2008) has been described as the 'definitive book on the Indian economy'. Panagariya writes a monthly column in The Economic Times, India's top financial daily.<br>

1. INTRODUCTION ; JAGDISH BHAGWATI AND ARVIND PANAGARIYA ; PART I: REFORMS AND THE TRANSFORMATION WITHIN MANUFACTURING AND SERVICES ; 2. LABOR LAWS AND THE FIRM SIZE DISTRIBUTION IN INDIAN MANUFACTURING ; RANA HASAN AND KARL ROBERT L. JANDOC ; 3. COMPLEMENTARITY BETWEEN ORGANIZED AND UNORGANIZED MANUFACTURING IN INDIA: THE ROLE OF POLICIES AND INSTITUTIONS ; ASHA SUNDARAM, RESHAD N. AHSAN AND DEVASHISH MITRA ; 4. SERVICES GROWTH IN INDIA: A LOOK INSIDE THE BLACK BOX ; RAJIV DEHEJIA AND ARVIND PANAGARIYA ; 5. ORGANIZED RETAILING IN INDIA: ISSUES AND OUTLOOK ; RAJIV KOHLI AND JAGDISH BHAGWATI ; PART II: REFORMS AND THE TRANSFORMATION WITHIN AND ACROSS ENTERPRISES ; 6. SELLING THE FAMILY SILVER TO PAY THE GROCER'S BILL? THE CASE OF PRIVATIZATION IN INDIA ; NANDINI GUPTA ; 7. VARIETY IN, VARIETY OUT: IMPORTED INPUT AND PRODUCT SCOPE EXPANSION IN INDIA ; PINELOPI GOLDBERG, AMIT KHANDELWAL AND NINA PAVCNIK ; 8. REFORMS AND THE COMPETITION ENVIRONMENT ; LAURA ALFARO AND ANUSHA CHARI ; PART III: REFORMS AND SOCIAL TRANSFORMATION ; 9. THE POST-REFORM NARROWING OF INEQUALITY ACROSS CASTES: EVIDENCE FROM THE STATES ; VIKTORIA HNATKOVSKA AND AMARTYA LAHIRI ; 10. ENTREPRENEURSHIP IN SERVICES AND SOCIALLY DISADVANTAGED IN INDIA ; RAJEEV DEHEJIA AND ARVIND PANAGARIYA