The Making of Miracles in Indian States: Andhra Pradesh, Bihar, and Gujarat by M

The Making of Miracles in Indian States by M. Govinda Rao, Arvind Panagariya

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Description 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.

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.

Details ISBN 0190236620 ISBN-13 9780190236625 Title The Making of Miracles in Indian States Author M. Govinda Rao, Arvind Panagariya Format Hardcover Year 2015 Pages 376 Publisher Oxford University Press Inc GE_Item_ID:137030554; About Us

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