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.
| ISBN: | 9780198288473 |
| Publication date: | 15th July 1993 |
| Author: | Jagdish Professor of Economics and Professor of Political Science, Professor of Economics and Professor of Political Bhagwati |
| Publisher: | Clarendon Press an imprint of Oxford University Press |
| Format: | Paperback |
| Pagination: | 120 pages |
| Series: | Clarendon Paperbacks |
| Genres: |
Development economics and emerging economies |