The Nile on eBay The Making of Miracles in Indian States by M. Govinda Rao, Arvind Panagariya
The Making of Miracles in Indian States studies three Indian states at very different levels of development, all of which grew in excess of 8% per year for a decade in the 21st century: Andhra Pradesh, Bihar, and Gujarat. Some key common threads tie their experiences: visionary leadership, improved governance, accelerated development expenditures, and reforms toward development of markets.
FORMATHardcover LANGUAGEEnglish CONDITIONBrand New Publisher Description
Growth miracles typically have been studied at the country level. In The Making of Miracles in Indian States, internationally-renowned economists Arvind Panagariya and M. Govinda Rao bring together a team of six leading scholars to break from that tradition and study three growth miracles in India at the level of the state: Andhra Pradesh, Bihar, and Gujarat. These are three large and diverse states in India: Gujarat has the third-highest per-capita incomeamong the largest eighteen states, Bihar is the poorest, and Andhra Pradesh falls in the middle. Despite vast differences among the states, all three have grown at rates exceeding 8% for an entire decade inthe twenty-first century.Each section of this three-part book offers a historical perspective on the state's development and the specific factors that improved its economic fortunes. The three case studies are backed by extensive quantitative documentation. They demonstrate the critical role that leadership, translated into improved policies and implementation, plays in stimulating growth and development. The Making of Miracles in Indian States is essentialreading for students and scholars alike, as well as policy makers, NGO workers, and employees of international institutions.
Author Biography
Arvind Panagariya, a Professor of Economics and Indian Political Economy at Columbia University, recently joined the Government of India as Vice Chairman, NITI Aayog. He has written prolifically on global trade policy issues and economic reforms in India. The author of fifteen books, Panagariya has published technical papers in nearly all of the top economics journals. In 2012, the Government of India honored him with the Padma Bhushan, one of itshighest civilian awards.M. Govinda Rao is a well-known scholar in public finance in India. He is a Member of the Fourteenth Finance Commission, Government of India. His past positions include Director of the National Institute of Public Finance and Policy in New Delhi and Director of the Institute for Social and Economic Change in Bangalore. Dr. Rao was also a Member of Economic Advisory Council to the Prime Minister of India. He has chaired and served as a member of several other national committees.He has written extensive publications in referred journals in addition to his 14 books and monographs.
Table of Contents
1. Introduction: Understanding the growth Miracles of Andhra Pradesh, Bihar, and GujaratArvind Panagariya and M. Govinda RaoChapter 1 ReferencesPART I: ANDHRA PRADESHMudit Kapoor and Rahul Ahluwalia2. Andhra Pradesh: Setting the Stage3. Growth and Economic Transformation4. Poverty and Employment5. Microfinance and Employment Guarantee Program in Rural Areas6. Health and Education7. ConclusionsAppendix 1: Implications of Bifurcation and Region-Wise Analysis of Andhra PradeshPart I ReferencesPART II: BIHARArnab Mukherji and Anjan Mukherji8. Bihar's Economy in Historical Perspective9. What Went Wrong?10. What Changed?11. Governance and Reforms Matter12. ConclusionsPart II ReferencesPART III: GUJARATArchana Dholakia and Ravindra Dholakia13. Growth and Development in Gujarat: An Overview14. Policy Reform in Economic Sectors15. Urban Development16. Fiscal reforms and Performance17. Elementary and Higher Education18. Health19. Governance, Efficiency, and Effectiveness20. Lessons from the Gujarat ExperienceAppendix 2: Sardar Sarovar Project (SSP) on the River NarmadaAppendix 3: The Earthquake and Its Impact on the Kutchh DistrictPart III References21. Lessons from the States and Looking AheadArvind Panagariya and M. Govinda Rao
Review
"Two of India's leading economists have brought together top-notch experts -- some senior scholars, others younger -- to offer sophisticated, in-depth, and insightful studies of the relationship between public policy and developmental performance with respect to the economy and social sectors in a poor state (Bihar), a rich state (Gujarat), and a middle-level state (Andhra Pradesh). The central message of the volume is that poor and middle-level states are notcondemned to underdevelopment; rather, there is abundant hope for substantial economic and social advance in India's various states, given-and it is fundamental-a leadership at the helm with visionand decisive administrative ability."Baldev Raj Nayar, Emeritus Professor of Political Science, McGill University
Promotional
The Making of Miracles in Indian States studies three Indian states at very different levels of development.
Long Description
Growth miracles typically have been studied at the country level. The Making of Miracles in Indian States breaks from that tradition and studies three growth miracles in India at the level of the state: Andhra Pradesh, Bihar, and Gujarat. These are three of the largest and most diverse states in India. Andhra Pradesh is situated in the south of India, Bihar in the east, and Gujarat in the west. Bihar is the poorest among all states in India, Gujarat thethird richest among the largest eighteen states, and Andhra Pradesh in the middle. Andhra Pradesh and Gujarat have long coastal lines while Bihar is landlocked. Yet, all of these states have grown at rates exceeding 8% for an entire decade in the 21st century.Despite many differencesin the initial conditions, several common threads tie the high-growth experiences of the three states. First, accelerated growth has permitted acceleration in the growth of development expenditures in all three states, which has helped improve connectivity to markets. Alongside this growth, poverty has seen accelerated decline. Second, the composition of growth matters. Growth in high-value commodities such as fruits and vegetables, commercial crops, dairy, and animal husbandry in AndhraPradesh and Gujarat has led to accelerated reduction in rural poverty. However, the failure of labor-intensive industry has stunted the migration of workers out of agriculture into industry. Third, the quality of leadership that brings improved governance with it is central to improved outcomes in thestates. Visionary leaders---Chandrababu Naidu in Andhra Pradesh, Nitish Kumar in Bihar, and Narendra Modi in Gujarat---played critical roles in the making of all three miracles. Fourth, the three studies also bring out the importance of pro-market reforms and the adoption of technology in development. Finally, the studies show that good economics is also good politics: voters reward the chief ministers who bring about significant improvement to the people's lives.
Review Text
"Two of India's leading economists have brought together top-notch experts -- some senior scholars, others younger -- to offer sophisticated, in-depth, and insightful studies of the relationship between public policy and developmental performance with respect to the economy and social sectors in a poor state (Bihar), a rich state (Gujarat), and a middle-level state (Andhra Pradesh). The central message of the volume is that poor and middle-level states are notcondemned to underdevelopment; rather, there is abundant hope for substantial economic and social advance in India's various states, given-and it is fundamental-a leadership at the helm with visionand decisive administrative ability." Baldev Raj Nayar, Emeritus Professor of Political Science, McGill University
Review Quote
"Two of India's leading economists have brought together top-notch experts -- some senior scholars, others younger -- to offer sophisticated, in-depth, and insightful studies of the relationship between public policy and developmental performance with respect to the economy and social sectors in a poor state (Bihar), a rich state (Gujarat), and a middle-level state (Andhra Pradesh). The central message of the volume is that poor and middle-level states are not condemned to underdevelopment; rather, there is abundant hope for substantial economic and social advance in India's various states, given-and it is fundamental-a leadership at the helm with vision and decisive administrative ability." Baldev Raj Nayar, Emeritus Professor of Political Science, McGill University
Feature
Selling point: Studies three Indian states at very different levels of development that have all shown miracle levels of growth in the 21st century.Selling point: Shows that good economics is also good politics: good economic performance leads to electoral victoriesSelling point: Confirms the importance of effective leadership in determining growth outcomesSelling point: Demonstrates that history matters when it comes to the choice of economic policies
Details ISBN0190236620 Author Arvind Panagariya Year 2015 ISBN-10 0190236620 ISBN-13 9780190236625 Format Hardcover Subtitle Andhra Pradesh, Bihar, and Gujarat Media Book Short Title MAKING OF MIRACLES IN INDIAN S Language English Edited by Arvind Panagariya Pages 376 Illustrations black & white illustrations Position Director Place of Publication New York Country of Publication United States Publisher Oxford University Press Inc Affiliation Director, National Institute of Public Finance and Policy, New Delhi, and Member of the Fourteenth Finance Commission of the Government of India Publication Date 2015-05-21 UK Release Date 2015-05-21 AU Release Date 2015-05-21 NZ Release Date 2015-05-21 US Release Date 2015-05-21 Series Studies in Indian Economic Policies Imprint Oxford University Press Inc DEWEY 338.954 Audience Tertiary & Higher Education We've got this
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