The economy of India is growing at a rate of 8 percent per year,
and its exports of goods and services have more than doubled in the
past three years. Considering these trends, economists, scholars,
and political leaders across the globe are beginning to wonder
whether India's growth can be sustained.
The contributors to this volume analyze the forces behind
India's emerging role as a world economic player and identify the
hidden weaknesses that, if unaddressed, may slow the country's
growth. Chapters suggest how to transform India's primarily rural
population into a gainfully employed modern sector; methods to
achieve fiscal sustainability and consolidation; infrastructure
bottlenecks, especially in terms of finite energy resources; and,
given the country's complex electoral government and global
political position, the obstacles toward effecting policy
Sustaining India's Growth Miracle is a valuable
resource for practitioners, policymakers, students, and scholars.
It tackles issues from political, economic, and academic
perspectives, and the concluding chapter, a talk given by the
commerce and industry minister of India, discusses the country's
position as a world power, outlining several reasons for its
success and exploring the difficulties that lie ahead.
Subjects: Political Science, History, Business
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