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Title: THE MAKING OF MIRACLES IN INDIAN STATES
ANDHRA PRADESH, BIHAR, AND GUJARAT
By: Arvind Panagariya (Editor), M. Govinda Rao
Format: Hardback

List price: £62.00
Our price: £54.25
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ISBN 10: 0190236620
ISBN 13: 9780190236625
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Publisher: OXFORD UNIVERSITY PRESS INC
Pub. date: 1 May, 2015
Series: Studies in Indian Economic Policies
Pages: 376
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.
Synopsis: 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 the third 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 differences in 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 Andhra Pradesh 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 the states. 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.
Publication: US
Imprint: Oxford University Press Inc
Returns: Non-returnable
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DEVELOPMENT, POVERTY, AND FISCAL POLICY (PB)
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INDIA POLICY FORUM 2010-11
INDIA POLICY FORUM 2010-11 (PB)
INDIA POLICY FORUM 2011-12
INDIA POLICY FORUM 2011-12 (PB)
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INDIA POLICY FORUM 2013-14
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INDIA POLICY FORUM, 2005-06 (PB)
INDIA''S TRADE POLICY
INDIA'S REFORMS (HB)
INDIA'S TRYST WITH DESTINY (HB)
LECTURES ON INTERNATIONAL TRADE (PB)
NEW DIMENSIONS IN REGIONAL INTEGRATION
NEW DIMENSIONS IN REGIONAL INTEGRATION (PB)
PUBLIC ECONOMICS
PUBLIC ECONOMICS (HB)
REFORMS AND ECONOMIC TRANSFORMATION IN INDIA (HB)
REGIONALISM IN TRADE POLICY: ESSAYS ON PREFERENTIAL TRADING (HB)
REGIONALISM IN TRADE POLICY: ESSAYS ON PREFERENTIAL TRADING (PB)
STATE LEVEL REFORMS, GROWTH, AND DEVELOPMENT IN INDIAN STATES (HB)
THE ECONOMICS OF PREFERENTIAL TRADE AGREEMENTS (HB)
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THE NEW REGIONALISM IN TRADE POLICY (PB)
THE POLITICAL ECONOMY OF TRADE, AID AND FOREIGN INVESTMENT POLICIES
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