This book deals with issues in economic development in India. It highlights those factors that are indicative of India’s emergence in the global economy yet indicates negative "trickle down" effects, such as malnutrition, poverty, bonded labourers, high adult unemployment and the widespread use of child labour.
Focusing on structural deficiencies for a steady growth rate, and how to make growth inclusive, the book examines duality in development and the factors standing between national economic prosperity and human development. The author analyses issues concerning international trade, technology, access to food, inequality and poverty, and the "catching up" of developing countries. A novel approach to the analysis of the Indian economy and other developing countries in the 21st century, this book advocates development as a form of governance.
With India as a case study, this book provides a solid framework for looking at developing economies which will be useful to policy-makers and to graduate and post-doctoral students and researchers in the areas of development studies and economics, industrialisation and structural change.
Table of Contents
1. Emerging India: Issues in Development 2. Global Trade and Investments: Opportunities and Challenges for India 3. Industrial Capabilities: Research and Development as the Indicator 4. Economic Restructuring: Employment and Income Implications 5. Agriculture: The Genesis of Growing Vulnerability 6. Trends in Wage and Earnings Differentials 7. Development as Governance: More Evidence from the Social Sector 8. Epilogue
Debdas Banerjee is Professor of Economics at the Institute of Development Studies Kolkata, India, and former Fulbright Senior Fellow at MIT, Cambridge, USA. He has authored numerous books and articles on industrialisation, international economy, regional disparity, knowledge economy and aspects of labour economics.