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Mass Flourishing and Corporatism: Two Indian Stories

Author

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  • P. G. Babu

    (Indira Gandhi Institute of Development Research)

Abstract

This paper examines Phelps’ notions of ‘corporatism’ and ‘flourishing’ from the point of view of India’s growth experience since independence in 1947 up to 1990s when economic reform was initiated. It looks at two pre-reform Indian stories, those of agriculture sector and industrial sector, which provide a developing country color to Phelps’ analysis.

Suggested Citation

  • P. G. Babu, 2016. "Mass Flourishing and Corporatism: Two Indian Stories," Homo Oeconomicus: Journal of Behavioral and Institutional Economics, Springer, vol. 33(1), pages 43-49, August.
    • Handle: RePEc:spr:homoec:v:33:y:2016:i:1:d:10.1007_s41412-016-0014-3
    DOI: 10.1007/s41412-016-0014-3
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    References listed on IDEAS

    as
    1. Ramaswamy,K. V. (ed.), 2015. "Labour, Employment and Economic Growth in India," Cambridge Books, Cambridge University Press, number 9781107096806, October.
    2. Edmund Phelps, 2015. "Mass Flourishing: How Grassroots Innovation Created Jobs, Challenge, and Change," Economics Books, Princeton University Press, edition 1, number 10058-2.
    3. Pranab Bardhan & Dilip Mookherjee, 2010. "Determinants of Redistributive Politics: An Empirical Analysis of Land Reforms in West Bengal, India," American Economic Review, American Economic Association, vol. 100(4), pages 1572-1600, September.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Corporatism; Flourishing; India;
    All these keywords.

    JEL classification:

    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

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