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Friday, June 27, 2008

India: The Emerging Giant

India: The Emerging Giant by Arvind Panagariya is an interesting book on India's economy and sheds light on one of the most successful experiments in economic development in modern history. Great read. India is not only the world's largest and fiercely independent democracy, but also an emerging economic giant. I think it is a definitive book on India.

India: The Emerging Giant provides a comprehensive and panoramic exposition of the twist and turns in India's economic policy over the last several decades. As Arvind Panagariya has so convincingly argued, open policies and rapid economic growth is the best antidote for poverty reduction. This scholarly yet readable book is the best riposte to those who have any doubts of the validity of Indian reforms. Nandan Nilekani, Co-Chairman, Infosys Technologies Limited

Useful link: http://www.columbia.edu/~ap2231

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