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World bank's reformed model of development in Karnataka

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  • Amitabha Sarkar

    (Institute for Social and Economic Change)

Abstract

Economic liberalisation has widened the scope to adopt new model of development for Indian states to plan fiscal space management and improve on the service delivery. This paper attempts to understand how this model is theorised and implemented under the evolving context of reform in Karnataka. It is a process analysis of the reform period to identify and explain the role of reform instruments (strategies, techniques and tactics) as advocated by the World Bank in restructuring the state economy and reorienting the governance system. It suggests that contextual determinants need to be studied thoroughly to understand the governmental rationality behind policy decisions. It argues that reform outcome should be measured against the success of reform instruments (process indicators) instead of only depending on impact indicators.

Suggested Citation

  • Amitabha Sarkar, 2018. "World bank's reformed model of development in Karnataka," Working Papers 408, Institute for Social and Economic Change, Bangalore.
    • Handle: RePEc:sch:wpaper:408
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    Keywords

    Economics liberalisation;

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