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India's Economic Crisis
While this book covers several technical issues which will interest professional economist and policy-makers, it is also wholly accessible to the general reader.
THE INDIA STORY (HB) - 1ST
Based on extensive research and data, and aided by Bimal Jalan's experience as the former Governor of the Reserve Bank of India, this book gives us a vision for the way ahead. Since 2014, the political profile of the Indian Union government has changed dramatically. After a long period of coalitions and their innate issues and delays they bring to the reform process, we have a government that has a majority on its own. This puts India in a great place to initiate some strong, much-needed political and economic reforms in order to promote overall national interests. Before diving in, it is important to look back and learn from our past experiences, so that we don't repeat the same mistakes. A...
India After Liberalisation
The 1991 liberalisation was India's biggest moment in its economic history after independence. As its effects began to percolate into how India lived and worked, the potential it had to lift the country and its millions out of the 'Hindu' rate of growth began to become apparent. Thirty years later, we seem to be on the cusp of a different story. In India after Liberalisation, Bimal Jalan offers a wide-angle view of how liberalisation has shaped up over the intervening decades. What emerges is the story of a country best placed to catch the tide to high growth and a system that, time after time, fails to live up to the challenge of decision making. For any student of economic history or policymaker or participant, who wants to understand why we are where we are, this is a timely, telling and essential guide.
Indian Economy
The Indian Economy: Problems and Prospects, first published in 1992, looks at the country's economy and the resolved fiscal crisis from a historical perspective. Edited and updated with a new Introduction by Bimal Jalan, the book retains the thirteen essays written by eminent economic thinkers in 1991 and 1992 in their original form as they provide a comprehensive overview of India's economic development since Independence and answer questions on key economic issues that are as relevant today as they were at that time. Bipan Chandra conducts a historical survey of fiscal developments during the colonial period, the late V.M. Dandekar evaluates India's economic performance from 1950 to 1990, ...
India Reckoning
For Jalan, there are two clear priorities for the future: to continue and benefit from the dramatic global changes in technology, trade, and investment over the previous three decades, and to get rid of the deadweight of the past in order to maximize the benefits from our economic and political strength. Jalan offers a blueprint for the government to launch reforms to reduce corruption and administrative bottlenecks in the delivery of services to the people, such as by · Reducing corruption in the administrative system · Improving the role of the legislative, executive and judiciary in policymaking · Improving governance and politics in a resurgent India and · Strengthening the functioning of the financial and banking sectors. In nine succinct chapters, Jalan with his characteristic insight and brilliance, discusses a range of political and economic issues which will help India realize its full potential as one of the fastest-growing, emerging economies in the world.
India, Then & Now
An inward-looking economy with a state-dominated development programme to a liberalized economy operating in a globalized world-india has indeed come a long way since Independence. In this volume, Bimal jalan-long-standing witness to India's trajectory through the decades-gives us a complete picture of the country economic journey so far. in the pages of this book we read about broad issues of development policy, the role of science and Technology, exchange rate management, globalisation and more-all significant themes in the ongoing debate on India's approach to economic reforms towards 2025 and beyond. Based on extensive research and data, and aided by Jalan's experience as the former Governor of the Reserve Bank of India, this book, more importantly, also gives us a vision for the way ahead. as Indians indeed the world-faces challenging times, the recounting of tales from India's economic history, when accompanied by the observations and wisdom of a senior economist like Bimal Jalan, can help allay fears and give optimism for the times to come.
Resurgent India
Resurgent India, a sequel to Dr Bimal Jalan's book Emerging India (2012) looks ahead and analyses what needs to be done in light of the significant advances made in politics and governance in one of the fastest-growing developing countries in the global economy. Since 2014, the political profile of the government has changed dramatically. The new government elected in 2019 - either with a full majority or a coalition of parties - will hopefully be in a position to launch significant political reforms. Resurgent India identifies the key priorities that can - and should - be implemented by the new government in national interest, irrespective of the political agenda of the party (or parties) that come to power.
India
Bimal Jalan, former Reserve Bank of India governor and Rajya Sabha MP places India's post-Independence strengths and weakness under a microscope and analyses the last four decades of India's economic journey, which saw the nation's transition from a strictly regulated, slow-growth, state-led enterprise to one of the fastest-growing economies in the world. Dr Jalan has had a ringside view of financial governance during his long and distinguished career. Drawing on this vast experience he compares two distinct periods-1980-2000 and 2000-15-to examine the core changes and their significance, and considers their lessons for the immediate future. Dr Jalan suggests measures to improve governance which, if implemented, could make India one of the fastest growing emerging global powers and ensure that the benefits of economic growth reach all her people.
Advice and Dissent
'Few people know more about India's financial system than Dr Y.V. Reddy. And even fewer have the authority that he commands.' - Raghuram Rajan, former RBI governor 'If America had a central bank chief like Y.V. Reddy, the US economy would not have been in such a mess.' - Joseph Stiglitz, economist and Columbia University professor 'One among the brightest intellectuals living in India today...the most eminent central banker of the last decade across the world.' - P. Chidambaram, former Union finance minister 'How did India manage to beat the odds? [It was] largely the result of the sound management and foresight of one man: Yaga Venugopal Reddy.' - Arvind Panagariya, vice-chairman of the Nit...
Strategic Consequences of India's Economic Performance
In this book, Sanjaya Baru, one of India’s most respected commentators on political and economic issues, pays close attention to the strategic consequences of India’s increasingly impressive economic performance. The new turn in India's economic policies and performance in the last decade of the twentieth century; the success of Indian enterprise in the post-WTO world; the emergence of a confident professional middle-class; a demonstrated nuclear capability; and the resilience of an open society and an open economy, in the face of multiple and complex challenges, have all shaped India's response to the tectonic shifts in the global balance of power in the post-Cold War era. In this collection of academic essays and newspaper columns, Baru explores the business of diplomacy and the diplomacy of business in a rising India. The role of India's cultural and intellectual 'soft power' in shaping global perceptions of India are examined. The book offers a panoramic view of the geopolitics and the geo-economics of India's recent rise as a free market democracy, and as such will interest both experts and lay readers.
