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Understanding Reforms
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Understanding Reforms: Post-1991 India

Suresh Tendulkar and T.A. Bhavani

Abstract

This book analyses the background and context of the reforms since 1991, while tracing the remarkable transformation of India from a slow-growing economy to one of the fastest in the world. It critically analyses the growth strategy under Nehruvian socialism and the slow growth rate of the Indian economy and, thus, draws attention to the factors that led to reforms. It also describes how reforms were sustained in a low-income economy with large diversities and how they successfully survived the emergence of several coalition governments at the centre as well as the increasing regionalization o ... More

Keywords: reforms, India, Nehruvian socialism, market economy, low-income economy, coalition government, economic growth, liberalization, globalization, privatization

Bibliographic Information

Print publication date: 2012 Print ISBN-13: 9780198085584
Published to Oxford Scholarship Online: September 2012 DOI:10.1093/acprof:oso/9780198085584.001.0001

Authors

Affiliations are at time of print publication.

Suresh Tendulkar, author

T.A. Bhavani, author