This new title in the World Economies series charts and explains the development of the Indian economy since independence and partition and provides a unique up-to-date overview of the contemporary Indian economy and the reasons it has assumed its current form.
Focusing on the transformative period of liberalization in India from 1991 to 2008, this book explores the interplay between economic growth and liberalization, particularly the 'miracle growth rate' and its sustainability within today's economic landscape. It offers critical insights into the ongoing discussions surrounding economic development in India and similar developing nations, making a substantial contribution to the understanding of these complex dynamics.