Sustaining India's Growth Miracle
Edited by Jagdish N. Bhagwati and Charles W Calomiris
January, 2008
Cloth, 288 pages, 15 illus., 24 tables
ISBN: 978-0-231-14366-0
$27.95
/ £16.95
"The size of the Indian economy means that what happens in India over the coming decades has important implications for global growth, inequality, and poverty. Thus, anyone interested in these global issues-as well as the interplay between macro and micro economic policies, politics, and development-should read this book, which brings together up-to-date and well-written essays by not only some of the world's leading economic experts, but also by long-term participants in India's policy debates and current and past Indian political leaders. Fortunately for the reader and for India, in many cases these are the same people." — Mark Rosenzweig, Frank Altschul Professor of International Economics, Yale University
"Anyone wanting to know whether India will fulfill the ambitious destiny that many now project for it-and what India needs to do in order to get there-should consult this book. Drawing on some of India's best scholars and leading policymakers, Sustaining India's Growth Miracle offers a broad and dispassionate survey of India's continuing reform challenges in a collection that has been pulled together by the ever-masterful Jagdish Bhagwati." — Edward Luce, Washington Bureau Chief, Financial Times, and author of In Spite of the Gods: The Strange Rise of Modern India
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About the Author
Jagdish N. Bhagwati is University Professor at Columbia University and senior fellow in international economics at the Council on Foreign Relations. He has been the economic policy advisor to Arthur Dunkel, director-general of GATT; special advisor on globalization to the UN; and external advisor to the WTO. Professor Bhagwati has written on India for four decades and is widely credited (with his wife, Columbia University professor Padma Desai) with pioneering Indian reforms. He has been awarded several prizes and honorary degrees and has uniquely received six festschrifts.
Charles W. Calomiris is the Henry Kaufman Professor of Financial Institutions at Columbia Business School and a professor at Columbia University's School of International and Public Affairs. He co-directs the Project on Financial Deregulation at the American Enterprise Institute and is a member of the Shadow Financial Regulatory Committee, is a research associate of the National Bureau of Economic Research, and was a senior fellow at the Council on Foreign Relations. Professor Calomiris served on the International Financial Institution Advisory Commission, a congressional commission that advised the U.S. government on the reform of the IMF, the World Bank, the regional development banks, and the WTO. His research spans several areas, including banking, corporate finance, financial history, and monetary economics. He received a BA in economics from Yale University in 1979 and a Ph.D. in economics from Stanford University in 1985, and serves on several boards of directors and editorial boards.
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