First published in 1998, this festschrift for Dr Manmohan Singh brought together pioneering research on the subject of economic reforms at a time when the transition to liberalization and globalization was still a subject of controversy in Indian political and business circles. Fifteen years on, with India's transformation into one of the fastest growing economies in the world, this update from authors like Amartya Sen, Meghnad Desai, Montek S. Ahluwalia, and C. Rangarajan is very timely. Covering a wide range of issues such as inclusive growth, decentralization, fiscal stability, infrastructure development, and labour market reforms, this book is must read for all those interested in the Indian growth experience.
JUDGE ISHER is Chairperson, Board of Governors, Indian Council for Research on International Economic Relations (ICRIER), New Delhi.
I.M.D. Little is Emeritus Fellow at Nuffield College, Oxford University, Oxford., New Delhi.