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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 income among the largest eighteen states, Bihar is the poorest, and Andhra Pradesh falls in the middle. Despite vast differences among the…mehr

Produktbeschreibung
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 income among 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 in the 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 essential reading for students and scholars alike, as well as policy makers, NGO workers, and employees of international institutions.

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Autorenporträt
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 its highest 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.