Table of contents

1. Introduction - Chetan Ghate ; Section I: India's Historical Development ; 2. India and the World Economy: 1757-1947 - Tirthankar Roy ; 3. Battles Half Won: The Political Economy of India's Growth and Economic Policy Since Independence - Sadiq Ahmed, Ashutosh Varshney ; Section II: New Insights into Tackling Rural Poverty ; 4. Estimating Rural Poverty: Distributional Outcomes, Evaluations, and Policy Responses - M. Suryanarayana ; 5. Micro-finance: The SHG Linkage Program - Prabal Roy Chowdhury ; 6. Micro-insurance: A Case Study of the Indian Rainfall Insurance Market - Xavier Gines, James Vickrey, Lev Menand, Robert Townsend ; 7. Caste and Upward Mobility - Vegard Iversen ; Section III: Industrialization ; 8. Performance of Indian Manufacturing in the Post Reform Period - Poonam Gupta, Utsav Kumar ; 9. Informal Sector and the Developing World: Relating Theory and Evidence to India - Sugata Marjit, Saibal Kar ; 10. Structural Transformation and Jobless Growth in the Indian Economy - Rubina Verma ; 11. Development, Displacement and Food Security: Land Acquisition for Industrialization - Abhirup Sarkar ; Section IV: Social Infrastructure and the Demographic Dividend ; 12. Reforming Primary and Secondary Schooling - Anjini Kochar ; 13. Higher Education Reform - Shyam Sunder ; 14. Health and Health Care Policy in India: The Case for Quality of Care - Jishnu Das, Jeffrey Hammer ; 15. Population Dynamics in India and Implications for Economic Growth - David Bloom ; Section V: Politics and Policy ; 16. The Dynamics and Status of India's Economic Reforms - Nirvikar Singh ; 17. The Political Economy of Infrastructure Spending in India - Stuti Khemani ; 18. Aspects of Bureaucratic Corruption - Gautam Bose ; 19. Distributive Conflict and Economic Policy: Some Thoughts on Political Economy - Pranab Bardhan ; 20. Economic Growth and Ecological Sustainability in India - Pranab Mukhopadhyay, Priya Shyamsundar ; Section VI: Macroeconomic Policy Reform ; 21. Fiscal Rules in India: Are they Effective? - William Buiter, Urjit Patel ; 22. Financial Frictions and Monetary Policy Transmission in India - Ken Kletzer ; 23. Monetary Policy, Capital Flows, and the Exchange Rate - Partha Sen ; 24. India's Trade and Exchange Rate Policies: Understanding the BOP Crisis and the Reforms Thereafter - Rajat Achaarya ; 25. Domestic Financial Sector Reform - Subhashis Gangopadhyay, S.K. Shanthi ; 26. The Convergence Debate and Econometric Approaches: Evidence from India - Samarjit Das ; Section VII: India and the World Economy ; 27. The Globalization Debate and India - Priya Ranjan; Devashish Mitra ; 28. India at the WTO: From Uruguay to Doha and Beyond - Kamal Saggi ; 29. An Estimated DSGE Model of the Indian Economy - Paul Levine, Vasco Gabriel, Bo Yang, Joe Pearlman ; 30. The Development Patterns of India and China: A Perspective with the CES Production Function - Kamhon Kan, Yong Wang ; Looking Ahead ; 31. What more do we want to know about the Indian Economy? - Ashok Kotwal