About the Book: India's Tryst with Destiny
Policy discourse in India tends to be dominated by assertionsunsupported by facts, with the media indulging one and all withoutproper scrutiny. Often, the result is the creation andperpetuationof myths of all kinds. Thus, many believe today thatpoverty,illiteracy and ill-health afflict India because itsleadership ignored them in favour of growth for its own sake; thatthe economic reforms that focused on growth have failed to help thepoor, especially the socially disadvantaged; that any gains claimedin poverty alleviation derive from the use of progressively lowerpoverty lines; and that even if gains have been made, with one intwo children suffering from malnutrition, reforms have doneprecious little to improve health outcomes.
In this definitive book on economic reforms in IndiasinceIndependence, Bhagwati and Panagariya decisively demolishthese andother myths, which critics use as weapons to wound andmaim thereforms. Using systematic data and analysis, theyforcefully showthat once the debris of critiques of India's reformsis cleared, itbecomes evident that intensification of reforms-thatallowssustained rapid growth-is the only way to lift millions outofpoverty, illiteracy and ill-health. They argue that only growthcanprovide sufficient revenues for the provision of education andgoodhealth for the masses.
About the Authors: Jagdish Bhagwati, Arvind Panagariya
Jagdish Bhagwati is university professor of economics atColumbia University, New York, and a longtime fellow at theCouncilon Foreign Relations in the US. He is the author of manybooks,among them In Defense of Globalization.
Arvind Panagariya is a professor of Indian economics at ColumbiaUniversity, New York. He is a non-resident senior fellow at theBrookings Institution. He has been the chief economist of the AsianDevelopment Bank and a professor of economics at the University ofMaryland at College Park. He has also worked for the WorldBank,IMF, WTO, and UNCTAD in various capacities. He has authored,among other books, India: The Emerging Giant. He was awarded aPadma Bhushan in 2012.
|Book:||India's Tryst with Destiny|
|Author:||Jagdish Bhagwati Arvind Panagariya|
|Number of Pages:||304|
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