India's Economic Transition

Rahul Mukherji is Associate Professor, South Asian Studies Programme, Faculty of Arts and Social Sciences, National University of Singapore, Singapore.

• LIST OF TABLES AND FIGURES; ACKNOWLEDGEMENTS ; PUBLISHER'S ACKNOWLEDGEMENTS ; INTRODUCTION: THE STATE AND PRIVATE INITIATIVE IN INDIA (RAHUL MUKHERJI) ; I. DEVELOPMENT STRATEGY ; 1. What Went Wrong? (Jagdish Bhagwati) ; 2. The Indian Economy under 'Structural Adjustment' (Prabhat Patnaik and C.P. Chandrasekhar) ; 3. Economic Reforms in India since 1991: Has Gradualism Worked? (Montek S. Ahluwalia) ; II. THE POLITICAL ECONOMY OF REFORMS ; 4. Economic Transition in a Plural Polity: India (Rahul Mukherji) ; 5. Mass Politics or Elite Politics? Understanding the Politics of India's Economic Reforms (Ashutosh Varshney) ; 6. Political Skills: Introducing Reforms by Stealth (Rob Jenkins) ; 7. The Limits of Economic Nationalism in India: Economic Reforms under the BJP-led Government, 1998-9 (Baldev Raj Nayar); III. Economic Reforms and the Political Economy ; 8. Iconization of Chandrababu: Sharing Sovereignty in India's Federal Market Economy (Lloyd I. Rudolph and Susanne Hoeber Rudolph) ; 9. Economic Reform, Federal Politics, and External Assistance: Understanding New Delhi's Perspective on the World Bank's State-Level Loans (Jason A. Kirk) ; 10. Managing Competition: Politics and the Building of Independent Regulatory Institutions (Rahul Mukherji) ; 11. Politics of Market Micro-Structure: Towards a New Political Economy of India's Equity Market Reform (John Echeverri-Gent) ; 12. Bangalore: The Silicon Valley of Asia? (Anna Lee Saxenian) ; 13. Public Sector Restructuring and Democracy: The State, Labour, and Trade Unions in India (Supriya RoyChowdhury) ; 14. Liberalization and Business Lobbying in India (Stanley A. Kochanek) ; SELECT BIBLIOGRAPHY ; NOTES ON CONTRIBUTORS ; INDEX

A set of thoughtful, timely and perceptive essays on the fraught question of India's economic reforms.