Description: Reforms and Economic Transformation in India is the second volume in the series Studies in Indian Economic Policies. In this book, nine original essays pursue three interrelated themes. The essays in part I ask why the movement of workers out of agriculture, into industry and services, and from informal to formal employments has been slow. Essays in part II explain the impact the reforms have had on profitability and competition among enterprises. Essays in part III analyze the impact on the socially disadvantaged in terms of wage and education outcomes and entrepreneurship.
Review Quotes: "This is the second volume in the 'Studies in Indian Economic Policies' series, which examines India's 1991 economic reforms. Its main focus is on how the 1991 economic reforms have affected India's industrial structure to as recently as 2009. As was the first volume, this one too is highly analytical. In essence, it gives additional empirical testimony to the mostly positive results of the 1991 reforms that included privatizing, delicensing, encouraging foreign investments, liberalizing international trade, and reforming the private sector. Some articles discuss remaining impediments to continued inclusive growth and prosperity. The index helps greatly with numerous acronyms. Highly recommended. Upper-division undergraduate through research collections." --CHOICE
"... the chapters provide an accessible and yet rigorous summary of a complex set of policy issues undertaken in India since 1991." --Journal of Regional Science