The book comprises eight lectures delivered by T.N. Srinivasan at ISEC Bangalore in 1998. The short lectures succinctly describe the reform process since the early 1990s, covering the famework and process of reform in each sector of the economy.

This book examines new policies for accelerating India's economic growth. This book discusses a set of dynamic strategies for growth, emphasizing the dynamic role of information technology and the New Economy. These show how new growth and the historical experiences of fast-growing Asian countries can be utilised for a new growth paradigm in India.

Presents a comprehensive retrospective of India's economic policies and performances, including an in-depth analysis of a wide range of issues from a variety of perspectives: historical, global, institutional, and political-economic. The discussion explores the "tripolar world" comprised of the United States, China, and India as the changing dominant players in global power.

This Book Is Based On Policy Papers Written During The Nineties At The Ministry Of Finance. The Fundamental Objective Of Economic Policy Is To Generate Equitable Economic Growth And Thus Bring About The Increased Well Being Of All Citizens. The Goal Of These Policy Papers Was To Remove Policy Distortions That Were Hindering Growth And Productivity And To Introduce Economic And Institutional Reforms That Would Accelerate Growth. The Policy Recommendations Were Shaped By Theory And Empirical Evidence On The One Hand, And By Institutional/Organisational And Socio-Political Constraints On The Other.

India is not only the world's largest and fiercely independent democracy, but also an emerging economic giant. But to date there has been no comprehensive account of India's remarkable growth or the role policy has played in fueling this expansion. India: The Emerging Giant fills this gap, shedding light on one of the most successful experiments in economic development in modern history. Why did the early promise of the Indian economy not materialize and what led to its eventual turnaround? What policy initiatives have been undertaken in the last twenty years and how do they relate to the upward shift in the growth rate? What must be done to push the growth rate to double-digit levels? To answer these crucial questions, Arvind Panagariya offers a brilliant analysis of India's economy over the last fifty years--from the promising start in the 1950s, to the near debacle of the 1970s (when India came to be regarded as a "basket case"), to the phenomenal about face of the last two decades. The author illuminates the ways that government policies have promoted economic growth (or, in the case of Indira Gandhi's policies, economic stagnation), and offers insightful discussions of such key topics as poverty and inequality, tax reform, telecommunications (perhaps the single most important success story), agriculture and transportation, and the government's role in health, education, and sanitation. The dramatic change in the fortunes of 1.1 billion people has, not surprisingly, generated tremendous interest in the economy of India. Arvind Panagariya offers the first major account of how this has come about and what more India must do to sustain its rapid growth and alleviate poverty. It will be must reading for everyone interested in modern India, foreign affairs, or the world economy.

The two volumes incorporate major new papers contributed by leading international economists, on a range of topics that reflect the breadth of Professor Lloyd's own distinguished contributions to the field of international trade and policy during a career spanning over four decades.

Revised version of papers presented at the CESS silver jubilee seminar held at Hyderabad in January 2006.