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Liberalism in India

Author

Listed:
  • G. P. Manish
  • Shruti Rajagopalan
  • Daniel Sutter
  • Lawrence H. White

Abstract

We give an overview of classical liberal ideas and their proponents in India over the last century. The liberal movement in India, especially during the postcolonial era, was defined by the socialist ideas it opposed. We detail the different stages of central planning in India and the liberal opposition to the planning apparatus. The liberal movement consisted of three components. First, dissent from the ideology of planning emanated from the halls of academia. This dissent was led in the 1950s almost singlehandedly by B. R. Shenoy, who was followed in later decades by other expatriate academics. Second, there has been an anti-planning movement in politics and civil society. And third, liberal voices have emerged recently in the media.

Suggested Citation

  • G. P. Manish & Shruti Rajagopalan & Daniel Sutter & Lawrence H. White, 2015. "Liberalism in India," Econ Journal Watch, Econ Journal Watch, vol. 12(3), pages 432–459-4, September.
    • Handle: RePEc:ejw:journl:v:12:y:2015:i:3:p:432-459
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    References listed on IDEAS

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    1. Panagariya, Arvind, 2011. "India: The Emerging Giant," OUP Catalogue, Oxford University Press, number 9780199751563.
    2. Jagdish N. Bhagwati & T. N. Srinivasan, 1975. "Foreign Trade Regimes and Economic Development: India," NBER Books, National Bureau of Economic Research, Inc, number bhag75-1.
    3. Aron Katsenelinboigen, 1979. "L. V. Kantorovich: The Political Dilemma in Scientific Creativity," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 1(2), pages 129-147, January.
    4. Shruti Rajagopalan, 2015. "Incompatible institutions: socialism versus constitutionalism in India," Constitutional Political Economy, Springer, vol. 26(3), pages 328-355, September.
    5. Bhagwati, Jagdish, 1993. "India in Transition: Freeing the Economy," OUP Catalogue, Oxford University Press, number 9780198288473.
    6. Khatkhate, Deena, 1994. "Intellectual origins of Indian economic reform: A review of Jagdish Bhagwati's India in transition: Freeing the economy (1993)," World Development, Elsevier, vol. 22(7), pages 1097-1102, July.
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    Cited by:

    1. Giandomenica Becchio, 2018. "Austrian economics and development: The case of Sudha Shenoy’s analysis," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 31(4), pages 439-455, December.

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    More about this item

    Keywords

    India; liberalism; B. R. Shenoy;
    All these keywords.

    JEL classification:

    • B2 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925

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