Indian Economy after Independence

Tirthankar Roy · 2020

Chapter 13 surveys economic change and shifts in the political context of economic change in the Indian Union, 1950–2010.

Tür:
Kitap Bölümü
Yazar:
Tirthankar Roy
Yayın yılı:
2020
Yayıncı:
Oxford University Press
Dil:
en

Chapter 13 surveys economic change and shifts in the political context of economic change in the Indian Union, 1950–2010. Based on the survey, the chapter answers three larger questions. First, why was economic growth relatively low in the first 35 years after the end of colonialism, and why was there a turnaround in the pace of economic change in the 1980s? Second, why did human development lag achievements in income growth after the turnaround? If the quality of life failed to improve enough, then a third question follows, why did the democratic political system survive at all if it did not fairly distribute the benefits from growth?

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Tirthankar Roy