Towards Economic Crisis (2012-14) and Beyond

Erscheinungsjahr 2017
ISBN: 978-93-327-0313-1
Verlag: Academic Foundation

Buch, Englisch, 182 Seiten, Hardback, Format (B × H): 159 mm x 235 mm, Gewicht: 499 g

WHY did India’s stellar economic growth at 8 per cent plus in the eight years, 2003-2011, collapse to 5 per cent or less by 2012-13? What were the key policy failures, of commission and omission,that brought about this sharp slowdown? Now, in 2015, with a new government with a seemingly strong political mandate, why is it proving so difficult to revive the earlier strong momentum of economic development? How should the new government tackle the deep legacy problems of the past? In the new global context, is slower economic growth inevitable?

These are some of the many critical economic issues explored in the 39 essays by Shankar Acharya, written in the three and a half years between November 2011 and July 2015.

Autoren/Hrsg.

Acharya, Shankar

Über Autor(innen)

As Chief Economic Advisor to the Government of India (1993-2001), Shankar Acharya was deeply involved in the economic reforms of the 1990s. He later served as a Member of the Prime Minister’s Advisory Council (2001-2003), the Twelfth Finance Commission (2004) and the National Security Advisory Board (2009-2013). Earlier he worked in the World Bank, where he led the World Development Report team for 1979 and was Research Adviser to the Bank. He has authored nine books and numerous scholarly articles. Currently he is Honorary Professor at the Indian Council for Research on International Economic Relations (ICRIER) and serves on the boards of other research organisations, some corporates, charities and the Reserve Bank’s Advisory Committee on Monetary Policy. He has a PhD from Harvard University and BA from Oxford.