Show Summary Details

Page of

PRINTED FROM OXFORD HANDBOOKS ONLINE ( © Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a title in Oxford Handbooks Online for personal use (for details see Privacy Policy and Legal Notice).

date: 26 February 2020

Abstract and Keywords

This article examines the political economy of pending economic reforms in India, with an emphasis on domestic reforms. Some of the specific issues addressed include a discussion of governance structures, implementation of the value added tax (VAT), the introduction of delivery mechanisms for public services, civil service reform, labor laws, corporate governance, bankruptcy laws, land markets, and agriculture reform. One of the main insights of the article is that discussions of reform in India usually list an ideal set of reforms, but do not analyze how such changes may be operationalized in a politically feasible manner. Specific areas such as agriculture, land markets, labor, education, and infrastructure all have special characteristics, either in terms of numbers, positions in the income hierarchy, complexity, expertise, or diversity of interests, which make progress more difficult. Recognizing such factors and incorporating them into policy design might be a better way to proceed rather than articulating ideal end points without any pathway for reaching them. Therefore, a crucial question this article addresses has to do with understanding when and how economic reform happens.

Keywords: economic reforms, value added tax, civil service reform, labor laws, corporate governance, income hierarchy

Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.

Please subscribe or login to access full text content.

If you have purchased a print title that contains an access token, please see the token for information about how to register your code.

For questions on access or troubleshooting, please check our FAQs, and if you can''t find the answer there, please contact us.