Handbook of the Indian Economy in the 21st Century: Understanding the Inherent Dynamism

After experiencing stagnation for much of the post-independence period, India has shown considerable dynamism in processes and outcomes since the mid-eighties. The post-reform Indian Economy has defied established economic patterns and in the process created a few paradoxes. This book aims to identify policies, institutions and incentives that have worked, and constraints that have emerged in India's growth prospects. More than underdevelopment, the book analyses the bottlenecks that emerge as change occurs, to minimize the chances of being trapped into the dated habits of thought. It takes opportunity from rapidly transforming Indian economy to analyse out-of-equilibrium behaviour and understand the dynamics of non-conventional growth path. Contributors to this volume - Aradhna Aggarwal is Senior Fellow, National Council of Applied Economic Research, New Delhi; Rukmini Banerjee is at ASER Centre and Pratham, New Delhi, India; Sanjay Banerji is Professor at University of Nottingham, United Kingdom; Laveesh Bhandari is Head of Indicus Analytics; Rekha Bhangaonkar is Research Associate at School of Management, IIT-Bombay; Rajesh Chakrabarti is Professor, Indian School of Business, Mohali Campus, India; Romar Correa is Reserve Bank of India Professor of Monetary Economics at the University of Mumbai; Ashwini Deshpande is Professor, Delhi School of Economics, Delhi; Mahendra Dev is Director (Vice Chancellor) at Indira Gandhi Institute of Development Research; Meghna Dutta is a doctoral research scholar in economics at the Centre for Studies in Social Sciences, Calcutta; Krishna Gangopadhyay is a freelance economist based in Delhi; Ashima Goyal is Professor at IGIDR, has published widely on institutional and open economy macroeconomics, international finance and governance and has participated in research projects with ADB, DEA-GOI, GDN, RBI, UN ESCAP and WB; Raghabendra Jha (PhD Columbia, FWIF) is Rajiv Gandhi Chair Professor of Economics and Executive Director at Australia South Asia Research Centre, Australian National University; Shikha Jha is Principal Economist at Asian Development Bank, Philippines; Pram Jit is lecturer at Delhi School of Economics, Delhi, India; K.J. Joseph is at Centre for Development Studies, Thiruvananthapuram, India; Kale Sumita is Chief Economist at Indicus Analytics, New Delhi; K. Kanagasabapathy is Director, EPW Research Foundation, Mumbai; Saibal Kar is Faculty of Economics at the Centre for Studies in Social; Renu Kohli is Lead Economist, DEA-ICRIER Research Programme on G20, New Delhi; Kiran Kumar is ICSSR Doctoral Fellow, Centre for Development Studies, Thiruvananthapuram, Kerala, India; Nagesh Kumar is Chief Economist of the Economic and Social Commission for Asia; Sushanta Mallick is Professor at Queen Mary University of London, London; Sriit Mishra is Associate Professor at IGIDR; Arup Mitra is Professor of Economics at the Institute of Economic Growth, Delhi; Deepak Mohanty is Executive Director, Reserve Bank of India, Mumbai, India; Rahul Mukherji is Associate Professor in the South Asian Studies Programme at the National University of Singapore; Rupayan Pal is Associate Professor, IGIDR, Mumbai, India; Shruti Pandey is Research Officer with EPW Research Foundation, Mumbai; Vijaylaxmi Pandey is Associate Professor at Indira Gandhi Institute of Development Research; Abhay Pethe is Chair Professor at the Vibhooti Shukla Centre of Urban Economics and Regional Development, Department of Economics, University of Mumbai, Mumbai; Rohit Prasad is Associate Professor of Economics at MDI Gurgaon; T.R. Raghunandan currently advises state governments, international organizations, NGOs, and research institutions on decentralized public governance and anti-corruption; A.V. Raja is Professor at University of Hyderabad, India; T.T. Rammohan is Professor of Finance and Economics at IIM Ahmedabad; Bandi Ram Prasad is President, Financial Technologies Knowledge Management Company Limited, Mumbai, India; Francis X. Rathinam is Senior Fellow at Indian Council for Research on International Economic Relations (ICRIER), New Delhi, India; Bibhas Saha is Senior Lecturer at the University of East Anglia, England; Jayati Sarkar is Professor at the Indira Gandhi Institute of Development Research, Mumbai, India. She is the editor of the Journal of Interdisciplinary Economics; Subrata Sarkar is Professor at the Indira Gandhi Institute of Development Research (IGIDR), Mumbai, India; Gita Sen is Professor of Public Policy at the Indian Institute of Management Bangalore; Anurag Sharma is Senior Research Fellow in Faculty of Business and Economics, Monash University, Australia; Parthasarathi Shome is Adviser to the Finance Minister of India; Soumyen Sikdar is currently Professor of Economics at IIM Calcutta; Ram Singh is Professor, Delhi School of Economics, Delhi, India; Siddharth Sinha is Professor, Indian Institute of Management Ahmedabad, India; P.V. Srinivasan is Evaluation Specialist at the Asian Development Bank; S. Sriraman is Walchand Hirachand Professor of Transport Economics, Department of Economics, University of Mumbai; Vaidehi Tandel is a PhD scholar at the Department of Economics, University of Mumbai; Wilima Wadhwa is at ASER Centre, New Delhi, India and University of California, Irvine.