R Nagaraj, a
development economist well-known for his research and analytical writings
on industrial development, economic growth and reforms in India, has
compiled the present volume, offering readers some of his important
writings on the subject. Studies included in this volume, carried out over
a decade, represent an effort to grapple with a few contemporary issues of
economic growth, industrial change and policy initiatives in India. These
studies are motivated by the desire to carefully examine some of the
widely held propositions on the aggregate and sectoral economic
performance, premises of a few reform measures and the outcome of some
aspects of the economic reforms initiated in the 1990s.
Introduction by the author provides a brief background to these studies,
situates them in the relevant literature and indicates how they
contributed to the ongoing discourse on economic analysis and policy. The
two abiding concerns in these studies are (i) to examine the quality of
statistics employed as they could have a bearing on research findings and
their interpretation, and (ii) to provide analyses of a relatively long
period to eschew hasty inferences from limited observations.
India’s Economic Growth and Reforms promises to be a valuable reference
for all concerned—students, economists and policymakers alike.