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999 _c11068
_d11068
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005 20210517134750.0
008 160316s1996 xxu||||| |||| 00| 0 eng d
020 _a9780140260052
040 _cn
082 _a338.900000
_bBHA
100 _aBhaduri Amit
245 _aThe intelligent person's guide to liberalization
260 _aNew Delhi
_bPenguin Books
_c1996
300 _a194p
_cix
365 _bRs.150
505 _aSynopsis A lucid analysis of the 'revolutionary' changes in the Indian economy Faced with a major economic crisis in 1990-91, the government responded by initiating far-reaching policy reforms aimed at opening up the country's economy. Since then there has been little discussion on key issues and much political posturing. In this important book two of India's leading economists rescue the current economic debate from jargon and dogma and present it in language accessible to ordinary Indians who, finally, must bear the brunt of the reforms. Cutting through the euphoria and hype that prevent any serious appraisal of liberalization, they highlight the advantages of a free market as also the grave dangers of unquestioning reliance on market forces in a developing country which is home to the largest number of the world's poor. They argue for a flexible system that will adapt to changes in society and polity, a system where both the market and the State must play a role. Eschewing the extreme positions of both the left and the right, this book seeks to encourage a serious reappraisal of the country's bold experiment with privatization, for, as the authors put it, 'doubt is as important as knowledge in the design of economic policy'.
650 _a1. Economic Reforms - India - Impact2. Economic Liberalization - India - Impact
700 _aNayyar Deepak
_a
942 _2ddc
_cBK