Author: Shankar AcharyaPublisher: Academic FoundationYear: 2007Language: EnglishPages: 187ISBN/UPC (if available): 9788171886159
Can India grow without Bharat? Can we reap the “demographic dividend” of a young population? How should we revive industrial employment? Is the National Rural Employment Guarantee Act affordable? Why have reforms sputtered despite the “dream team”? How is growth so strong though reforms have stalled? How can populism be restrained? Can 8 % growth be sustained? Should we deploy forex reserves to build infrastructure? What must we do to renew our decaying cities? What is the solution to the coming water crisis? Who are India’s tax reformers? Can bilateral trade agreements substitute for the Doha Round? Should SAARC have a common currency? Is “fiscal responsibility” working? Does monetary policy work? Can we really aspire to China’s economic league---or is it all hype? How good is our foreign policy? The eminent economist Shankar Acharya provides forthright and provocative answers to these key issues about India’s development.
Preface A. India: then and now 1. India’s economy: then and now B. The employment challenge 2. Can India grow without Bharat? 3. Guaranteeing employment or fiscal crisis? 4. Reviving industrial employment C. Reforms: on or off? 5. Why did India reform? 6. Reforms, may be but at what speed? 7. Bad ideas versus good men 8. Bad ideas are winning 9. Populism rides again 10. Economic policy: mid-term report D. Economic growth 11. What’s happening in services? 12. Growth prospects: a reality check 13. Eight per cent growth forever? E. Infrastructure problems 14. Foreign exchange for infrastructure, anyone? 15. A tale of three cities 16. India’s water troubles F. Budget and tax policies 17. The good, the bad and the ugly 18. Tax policies for 2005 19. India’s tax reformers 20. The year of bad taxes 21. A curate’s egg G. Foreign trade and payments 22. Wanted: a trade policy 23. The ABC of PTAs and FTAs 24. A common currency for SAARC? 25. A new BoP paradigm? 26. Global imbalances H. Monetary and fiscal policies 27. Inflation and monetary policy 28. Farewell fiscal responsibility? 29. Fiscal deficit, what’s that? I. Foreign affairs 30. Not in China’s league 31. China’s India strategy 32. Talking Turkey 33. Foreign policy: mid-term reportSources