Globalization and Deregulation
Ideas, Interests, and Institutional Change in India
Price: 795.00 INR
ISBN:
9780198096177
Publication date:
06/05/2014
Hardback
248 pages
216.0x140.0mm
Price: 795.00 INR
ISBN:
9780198096177
Publication date:
06/05/2014
Hardback
248 pages
216.0x140.0mm
Part of Oxford International Relations in South Asia
Rahul Mukherji
This book makes a contribution to the literature on economic change by exploring the institutional transition from state-led import substitution to deregulation and globalization in the world's most populous democracy—India. It proposes a largely internally driven 'tipping-point' model of economic change, which is in sharp contrast to the 'punctuated equilibrium' model of sudden exogenous shocks that drive transformations. It is a contribution both to India's political and economic history and to systematic ways of thinking about economic change.
Suitable for: Primarily university departments of political science and economics, and libraries in research organizations working in the area of developmental studies. Also students, teachers, and research scholars of political science (particularly of political economy, comparative politics, or public policy) and economics. It will also be useful for think tanks and policymakers.
Rights: World Rights
Part of Oxford International Relations in South Asia
Rahul Mukherji
Description
Until the early 1990s, people in India used government-owned telephone services, travelled by the national airline, and sent letters through government post offices. The dominant ideology that markets would fail if they were not state-controlled resulted in negligible foreign investments and an uncertain future for privately owned businesses in the Indian economy. This book, part of the Oxford International Relations in South Asia series, presents an analytical history of events since the mid-1960s to a phase of globalization when private companies became major players in the Indian economy after 1991. Mukherji engages institutional theory and advocates a largely state-driven ‘tipping point’ model of economic change in his study of the shift from state-led import substitution and stringent industrial regulation to riskier liberalization and deregulation. He builds a trajectory of India’s growth story: the 1966 balance of payments crisis, the economic reforms from the mid-1970s that culminated in another severe balance of payments crisis in 1991, and the subsequent economic reforms that earned India the recognition of an Asian Tiger Economy. South Asia has acquired a strategic role and importance in the rapidly evolving global and political scenario. The present series analyses foreign and security policies in the region.
Part of Oxford International Relations in South Asia
Rahul Mukherji
Table of contents
List of Tables
Acknowledgements
List of Abbreviations
Introduction: From Market Failure to Government Failure
1. Ideas, Interests, and the Tipping Point: Understanding Economic Change in India
2. Globalization Aborted, 1966
3. The Path to Economic Globalization and
4. Competitiveness, 1975-91
5. Institutional Change and Competitiveness:
6. The Boom in Telecommunications
7. Reforms Challenged: The Power Sector in Andhra Pradesh
Conclusion: The Ideational Tipping Point and Institutional Change in India
Bibliography
Index
About the Author
Part of Oxford International Relations in South Asia
Rahul Mukherji
Features
- Should be very useful for courses on comparative political economy, Indian political economy, and globalization Undergraduate and postgraduate students studying political science, political economy, economic history, business environment, and public policy will benefit from this book. Should be a good read for anyone interested in India's economic history and political economy Written in a lucid language
Part of Oxford International Relations in South Asia
Rahul Mukherji
Description
Until the early 1990s, people in India used government-owned telephone services, travelled by the national airline, and sent letters through government post offices. The dominant ideology that markets would fail if they were not state-controlled resulted in negligible foreign investments and an uncertain future for privately owned businesses in the Indian economy. This book, part of the Oxford International Relations in South Asia series, presents an analytical history of events since the mid-1960s to a phase of globalization when private companies became major players in the Indian economy after 1991. Mukherji engages institutional theory and advocates a largely state-driven ‘tipping point’ model of economic change in his study of the shift from state-led import substitution and stringent industrial regulation to riskier liberalization and deregulation. He builds a trajectory of India’s growth story: the 1966 balance of payments crisis, the economic reforms from the mid-1970s that culminated in another severe balance of payments crisis in 1991, and the subsequent economic reforms that earned India the recognition of an Asian Tiger Economy. South Asia has acquired a strategic role and importance in the rapidly evolving global and political scenario. The present series analyses foreign and security policies in the region.
Read MoreTable of contents
List of Tables
Acknowledgements
List of Abbreviations
Introduction: From Market Failure to Government Failure
1. Ideas, Interests, and the Tipping Point: Understanding Economic Change in India
2. Globalization Aborted, 1966
3. The Path to Economic Globalization and
4. Competitiveness, 1975-91
5. Institutional Change and Competitiveness:
6. The Boom in Telecommunications
7. Reforms Challenged: The Power Sector in Andhra Pradesh
Conclusion: The Ideational Tipping Point and Institutional Change in India
Bibliography
Index
About the Author