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India’s Reforms: How They Produced Inclusive Growth
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India’s Reforms: How They Produced Inclusive Growth

Jagdish Bhagwati and Arvind Panagariya

Abstract

While there is now consensus that liberalizing reforms have been behind the acceleration of growth in India to the current 8 to 9 percent level, critics continue to argue that opening the economy to trade has hurt the poor, that rapid growth is leaving the socially disadvantaged groups behind, and that the reforms have led to increased inequality. They also argue that people themselves do not feel that their fortunes are improving. Five original essays in this volume, topped by a substantial introductory essay summarizing their findings, meet these challenges to the reforms head-on. They use l ... More

Keywords: poverty, inequality, trade openness, reforms, India, election, Scheduled Castes, tribes, NSS

Bibliographic Information

Print publication date: 2012 Print ISBN-13: 9780199915187
Published to Oxford Scholarship Online: May 2012 DOI:10.1093/acprof:oso/9780199915187.001.0001

Authors

Affiliations are at time of print publication.

Jagdish Bhagwati, editor
Columbia University and Council on Foreign Relations

Arvind Panagariya, editor
Columbia University

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Contents

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Chapter 1 Introduction

Jagdish Bhagwati and Arvind Panagariya

Part One Reforms and Democracy

Chapter 3 Economic Reforms and Election Outcomes

Poonam Gupta and Arvind Panagariya *

Part Two Trade, Poverty, and Inequality

Chapter 4 Trade Liberalization and Poverty Reduction

J. Cain, Rana Hasan, and Devashish Mitra

Chapter 6 Trade and Inequality in India*

Pravin Krishna and Guru Sethupathy

End Matter