Jagdish Bhagwati, one of the world's leading economists, offers a fascinating overview of the policies that produced India's sorry economic performance over a third of a century. His analysis puts into sharp focus the crippling effects of the inward-looking, bureaucratic regime that grew to Kafkaesque dimensions, starting in the early 1950s. It provides a coherent and convincing rationale for the economic reforms begun in June 1991 by the new government of Prime Minister Rao. These reforms, also discussed by Professor Bhagwati, are thus set into historical and analytical perspective. Written with wit and elegance, this text of the 1992 Radhakrishnan Lectures at Oxford has quickly gained a wide readership.
ReviewsWith his accustomed brilliance, wit, and wisdom, Jagdish Bhagwati describes India's urgent tasks of economic reform. We could not have a better guide. * Jeffrey D. Sachs, Harvard University *
Book InformationISBN 9780198288473
Author Jagdish BhagwatiFormat Paperback
Page Count 120
Imprint Clarendon PressPublisher Oxford University Press
Weight(grams) 190g
Dimensions(mm) 217mm * 138mm * 10mm