Politics Trumps Economics: The Interface Of Economics And Politics In Contemporary India

Jalan, Bimal, Pulapre, Balakrishnan . Rupa Publications India . English

In India a globally impressive talent pool co-exists with the highest incidence of poverty in theworld. The engaged citizen is aware of this situation, wants to know how it has come to be andwhat can be done to improve it. That the country's full potential is not being realized to make fora dynamic economy and acceptable living conditions for her people points to something beyondeconomics being at play. And this is the ever-present politics. In this volume, edited by Bimal Jalan and Pulapre Balakrishnan, twelve professionals illuminatethe interface between politics and economics in the country, illustrating in the process how theirinteraction will determine the path that India will take. Among the subjects discussed are theimplications of the emergence of coalition governments as the norm, the rise of civic activism, thetension between identity politics and development and the nature of the discourse on the informalsector. The essays also offer possible solutions to end corruption in administration and identify thestrategic factors in achieving inclusive growth. With contributions from Meghnad Desai, Dipankar Gupta, Poonam Gupta, Ashima Goyal, RaviKanbur, Sunil Mani, T.T. Ram Mohan, Deepak Mohanty, Samuel Paul and M. Govinda Rao,Politics Trumps Economics is an incisive comment on how politics can influence the outcome of themost well-intentioned of economic policies.

Categories: Fiction

About the Author

Dr. Bimal Jalan was Governor of the Reserve Bank of India from 1997 to 2003 and a nominatedmember of the Rajya Sabha during 2003-2009. Earlier he was Finance Secretary and Chairmanof Economic Advisory Council to the Prime Minister. He represented India on the Boards of IMFand World Bank. His recent books include The Future of India: Politics, Economics and Governance;India's Politics: A View from the Backbench; and Emerging India: Economics, Politics & Reforms. Dr. Pulapre Balakrishnan is Professor, Centre for Development Studies, Thiruvananthapuram. Heis the author of Pricing and Inflation in India and Economic Growth in India: History and Prospect.He has served as Country Economist for Ukraine at the World Bank and has been a Senior Fellowof the Nehru Memorial Museum and Library. He has been a recipient of the Malcolm AdiseshiahAward for Distinguished Contribution to Development Studies (2014).

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