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Globalisation and Growth: The Indian Case in Perspective

In: Market, Regulations and Finance

Author

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  • Surajit Mazumdar

    (Ambedkar University)

Abstract

Increased integration into the global economy has provided the context for the distinctive growth trajectory that the Indian economy has traversed in the last 2 decades. This distinctiveness has shown up in the form of associated trends observed across many groups of countries having their particular expressions in India and also by their combination with trends that are peculiar to the Indian case. This chapter highlights some of these important features associated with Indian growth and explores their mutual interrelationships to analyse the nature of, and long-term tendencies inherent in, India’s economic trajectory under globalisation. In the light of this analysis, the prospects of the economy in the post-global crisis world are also examined.

Suggested Citation

  • Surajit Mazumdar, 2014. "Globalisation and Growth: The Indian Case in Perspective," India Studies in Business and Economics, in: Ratan Khasnabis & Indrani Chakraborty (ed.), Market, Regulations and Finance, edition 127, chapter 12, pages 213-230, Springer.
    • Handle: RePEc:spr:isbchp:978-81-322-1795-4_12
    DOI: 10.1007/978-81-322-1795-4_12
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    Cited by:

    1. Mazumdar, Surajit, 2018. "The Incomplete Transition: Stunted Industrialisation and the Historical Development of India's Big Business Class," MPRA Paper 104967, University Library of Munich, Germany.
    2. Mazumdar, Surajit, 2017. "The Indian Economy in the Second Decade of the 21st Century: Signs of a Crisis?," MPRA Paper 93164, University Library of Munich, Germany.
    3. Mazumdar, Surajit, 2015. "The Low Wage Trap of Indian Manufacturing," MPRA Paper 93163, University Library of Munich, Germany.

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