000 01247nam a22001457a 4500
999 _c26591
_d26591
020 _a9789353576660
082 _a330.954
_bPAN-I
100 _aPanagariya, Arvind
245 _aIndia Unlimited
_b:reclaiming the lost glory
260 _aNoida
_bHarper Collins
_c2020
300 _axiii,290p.
520 _aIndia used to contribute approximately a quarter of the world's GDP until 1700 CE. As recently as 1820, this share was a hefty 16 per cent. But the Industrial Revolution shifted the centre of gravity of the global economy towards the West. The pernicious, indeed exploitative, policies of the British added to this shift by greatly impoverishing India. India's own policies during the first four decades following Independence denied it a rapid return to prosperity. But now that it has left those policies behind, opened up its economy and created a large GDP base, India can aspire to return to the prominent position it enjoyed in the global economy for so long. In The New India: A Reformer's Guide, one of the country's foremost economists, Arvind Panagariya, sets out a detailed pathway for India to regain its lost glory.
650 _aEconomic policy
_vBanks and banking
_vBusiness enterprises
_vLabor market
_zIndia
942 _2ddc
_cBK