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The rise of India : its transformation from poverty to prosperity /
Niranjan Rajadhyaksha.
imprint
Singapore : John Wiley & Sons (Asia), 2007.
description
x, 176 p. : ill. ; 24 cm.
ISBN
0470822015 (hbk.), 9780470822012 (hbk.)
format(s)
Book
Holdings
More Details
imprint
Singapore : John Wiley & Sons (Asia), 2007.
isbn
0470822015 (hbk.)
9780470822012 (hbk.)
catalogue key
6119532
 
Includes bibliographical references and index.
A Look Inside
Excerpts
Flap Copy
India and its economic potential have caught the world's attention, finally. This giant country is no longer seen as the sick man of Asia. The dramatic development of India since the economic reforms of 1991 promises to eventually be as significant as the progress China has made in recent decades. India's economic success will be more than a mere litmus test for the efficacy o9f globalization. Eventually, India's economic success will have to be measured not in terms of GDP growth rates or indicators of competitiveness, but in terms of its ability to deliver a decent life to each of its citizens. The Rise of India tells the story through the prism of six great revolutions that are leading to the frontal attack of poverty in the world's largest democracy: demographics, outsourcing, globalization, finance, aspirations and reforms for the poor. This book is not so much a study of macroeconomic policy reforms as it is of the effects of these reforms on the lives of people and their organizations. There are also major challenges ahead. Meeting them will test the r5esilience and creativity of the Indian people. There are bound to be bumps along the way. But India's economic transformation will eventually make the entire world a better and more prosperous place to live in. This book reveals how and why.
Summaries
Bowker Data Service Summary
This is the story of an ancient civilisation that is transforming itself into a modern economic powerhouse. More than a billion people who were trapped behind protectionist walls and condemned to live in poverty are now ready to participate in the global economy.
Long Description
A look at India' s remarkable economic expansion and business future Though India has been left behind such Asian economic rivals as China and Japan, the country appears to have entered a phase of long-term economic expansion that will help it catch up. The Rise of India proposes a coming boom by examining new and very significant changes in Indian policy, demography, telecommunications, globalization, consumer behavior, and financial markets. These issues will drive the economic expansion of India as it begins to compete with other nations, creating big changes- and a billion new consumers- in the global economy. Niranjan Rajadhyaksha (Mumbai, India) is Deputy Editor of Business World, the largest selling business magazine in India, where he covers finance and economics.
Main Description
The Risk of India: Its Transformation from Poverty to Prosperity is an extremely interesting read. The book speaks not only to the mind and intellect but also to the heart as it clearly demonstrates that economic development is above all a question of people. It also shows that the Indian society, and particularly its youth, is much more open to changes than its political and bureaucratic class, and would welcome a third wave of reforms that would help the poor to benefit from economic progress. I strongly recommend this book. It offers a very unique and rich description of today's India from the author's perspective and many well chosen anecdotes. - Colette Mathur, Director World Economic Forum This fascinating work weaves together a set of seemingly diverse events into an intricate tapestry capturing the essence and purpose of emerging India. It is also an inspiration to people in "Challenged" economies that the power of honest entrepreneurship can bring about a greater transformation than the best intentions of any government. Well-researched and well-written, this book is a good guide for developing countries to leverage the potential of people and its inherent strengths. It also brings out the challenge for India that more reforms are necessary, not less. - Nandan M Nilekani, CEO & Managing Director Infosys Technologies Limited The Rise of India is an insightful and engaging story of India before and after the 1991 reforms. There are many academic tomes on India's reforms but none is as comprehensive, lucid, and earthy. Practicing "soft hearts, hard heads" Philosophy with anecdotes and personal experiences, the author builds a compelling case for further liberalization and reforms. This book is a must read for all policy makers, students of economics, and activists of all stripes. read, understand, and become part of the revolution-a continued rise of India!
Table of Contents
Acknowledgmentsp. ix
Introductionp. 1
Fear Over the Valleyp. 11
A Century of Lost Opportunitiesp. 29
People Powerp. 49
India Callingp. 67
The Global Agendap. 85
The Financial Revolutionp. 103
The Yogi and the Consumerp. 121
Reforms for the Poor: The Acid Testp. 133
The Dark Side of the Moonp. 151
Epiloguep. 167
Indexp. 173
Table of Contents provided by Ingram. All Rights Reserved.

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