Alternative Strategies And India S Development

In its history since Independence, India has seen widely different economic experiments: from Jawharlal Nehru's pragmatism to the rigid state socialism of Indira Gandhi to the brisk liberalization of the 1990s. So which strategy best addresses India's, and by extension the world's, greatest moral challenge: lifting a great number of extremely poor people out of poverty? Bhagwati and Panagariya argue forcefully that only one strategy will help the poor to any significant effect: economic growth, led by markets overseen and encouraged by liberal state policies. Their radical message has huge consequences for economists, development NGOs and anti-poverty campaigners worldwide. There are vital lessons here not only for Southeast Asia, but for Africa, Eastern Europe, and anyone who cares that the effort to eradicate poverty is more than just good intentions. If you want it to work, you need growth. With all that implies.

Strategies for the advancement of economic development in the Third World are examined here, with special emphasis on government policies and the implications of alternative policy approaches for the social and material advancement of developing countries.

This volume is a timely addition to the emerging literature on the rise of China and India, focusing on how rapid economic growth and geopolitical changes in these countries are reshaping the world economy and global governance. It covers issues such as productivity, labor market, trade competition, and energy.

This book is available as open access through the Bloomsbury Open Access programme and is available on bloomsburycollections.com. The global economic crisis of 2008-2009 exposed systemic failings at the core of economic policy making worldwide. The crisis came on top of several other crises, including skyrocketing and highly volatile world food and energy prices and climate change. This book argues that new policy approaches are needed to address such devastating global development challenges and to avoid the potentially catastrophic consequences to livelihoods worldwide that would result from present approaches. The contributors to the book are independent development experts, brought together by the UN to identify a development strategy capable of promoting a broad-based economic recovery and at the same time guaranteeing social equity and environmental sustainability both within countries and internationally. This new development approach seeks to promote the reforms needed to improve global governance, providing a more equitable distribution of global public goods. The contributors offer a critical evaluation of past development experiences and report on their creative search for new and well-thought out answers for the future. They suggest that economic progress, fairer societies and environmental sustainability can be compatible objectives, but only when pursued simultaneously by all.

"This book provides a revamped, transformative, and fiscally sustainable developmental agenda for India to radically improve the well-being and livelihoods of its citizens. Grounded in a 'people first' approach, this alternative agenda focuses on seven vital development and inter-connected areas, including health, education, food and nutrition, child development, gender, livelihood and jobs, and urbanization. The volume highlights the systemic issues plaguing these sectors and offers pragmatic and implementable solutions to address them. The author takes cognizance of the COVID-19 pandemic and draws attention to the limitations of the current public policies and suggests cost-effective interventions and strategies that focus on the poor. The volume discusses crucial themes of universalizing healthcare, battling malnutrition and food insecurity, ensuring quality schooling, unshackling gendered mindsets, enhancing livelihoods and improving the urban quality of life to spell out a pragmatic and workable development agenda for India. Accessible and reader-friendly, the book will be an essential read for scholars and researchers of development studies, economics, public policy, governance, development policy, public administration, political studies, South Asia studies. It will also be of interest to professionals in the development sector"--

This book provides a comprehensive account of asymmetric linkage in the trilogy of environment, development and sustainability and its impact on society. It examines varied perspectives and issues of development related to environmental destruction and sustainability challenges. By examining the recent trends of development and recording the dilemmas which are creating ecological imbalances, it explores some alternative ways of development to achieve sustainability. Divided into three parts, it has a broad canvass. The first section examines critically the ‘perspectives’ on ecology, practice and ethics, rural development and man–forest interaction in the metropolis. ‘Issues’ of dams, river, agricultural distress, environmental migration, eco-tourism, ecological conservation and land acquisition are assessed in part second. ‘Alternative’ means of development is explored in part third by incorporating chapters on the constructed wetland, biofuels, subsistence economy, water and traditional knowledge practice. This interdisciplinary book is of immense significance to academicians, researchers, postgraduate and graduate-level students of social sciences and environmental studies; policymakers, development practitioners and NGOs working in the area of environment and development.