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India'S New Economic Policy: A Critical Analysis by Waquar Ahmed, Amitabh Kundu, Richard Peet

India'S New Economic Policy: A Critical Analysis

by Waquar Ahmed , Amitabh Kundu , Richard Peet
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Book cover type: Hardcover
  • ISBN13: 9780415801881
  • Binding: Hardcover
  • Subject: Economics
  • Publisher: Taylor & Francis Group
  • Publisher Imprint: N/A
  • Publication Date:
  • Pages: 334
  • Original Price: GBP 160.0
  • Language: English
  • Edition: 1
  • Item Weight: 600 grams
  • BISAC Subject(s): Sociology / General

Conventional interpretations of the New Economic Policy introduced in India in 1991 see this program of economic liberalization as transforming the Indian economy and leading to a substantial increase in the rate of India's economic growth. But in a country like India, growth is not enough. Who benefits from the new growth regime, and can it significantly improve the conditions of livelihood for India's 800 million people with incomes below $2.00 a day? This edited volume looks at international policy regimes and their national adoption under strategic conditions of economic crisis and coercion, and within longer-term structural changes in the power calculus of global capitalism. The contributors examine long-term growth tendencies, poverty and employment rates at the national level, regional level and local levels in India; the main growth centers; the areas and people left out; the advantages and deficiencies of the existing policy regime, and alternative economic policies for India. Bringing together the leading figures in the discussion on India's economic policy, this volume is the authoritative critical study of India's New Economic Policy.

Waquar Ahmed is a visiting assistant professor at the Department of Geography, Mount Holyoke College.

Amitabh Kundu is Professor of Economics at the Jawaharlal Nehru University, New Delhi, India..

Richard Peet is Professor of Geography at the Graduate School of Geography, Clark University, Worcester, Massachusetts, US.

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