- The Oxford Handbook of the Politics of Development
- List of Contributors
- Modernization Theory: Does Economic Development Cause Democratization?
- Dependency Theory
- Political Development
- The Washington Consensus and the New Political Economy of Economic Reform
- Penury Traps and Prosperity Tales: Why Some Countries Escape Poverty While Others Do Not
- Culture, Politics, and Development
- Religion, Politics, and Economic Development: Synergies and Disconnects
- Does Inequality Harm Economic Development and Democracy?: Accounting for Missing Values, Noncomparable Observations, and Endogeneity
- Ethnicity and Development
- Civil Conflict and Development
- The Politics of the Resource Curse: A Review
- Taxation and Development
- How Do Governments Build Capabilities to Do Great Things?: Ten Cases, Two Competing Explanations, One Large Research Agenda
- Leadership and the Politics of Development
- Colonialism and Development in Africa
- Investment and Debt
- The Role of the State in Harnessing Trade-and-Investment for Development Purposes
- International Financial Institutions and Market Liberalization in the Developing World
- Foreign Aid and Democratization in Developing Countries
- Organizing for Prosperity: Collective Action, Political Parties, and the Political Economy of Development
- Missing Links in the Institutional Chain
- The Comparative Politics of Service Delivery in Developing Countries
- Party Systems and the Politics of Development
- Populism and Political Representation
- Africa’s Political Economy in the Contemporary Era
- The Politics of Development in Latin America and East Asia
- Development and Underdevelopment in the Middle East and North Africa
- Rethinking the Institutional Foundations of China’s Hypergrowth: Official Incentives, Institutional Constraints, and Local Developmentalism
- The Political Economy of Growth and Development in India: Two Puzzles
- The Politics of Growth in South Korea: Miracle, Crisis, and the New Market Economy
Abstract and Keywords
This article examines two puzzling trends that have characterized India’s economic growth. The first is how and why the political economy of development in India discarded an earlier model of import-substitution industrialization that was widely supported by the country’s dominant proprietary groups. The second is why, despite India’s economic success, poor people have remained mired in extreme poverty compared to China and some other countries in East and Southeast Asia. The article begins by looking at India’s economic development between 1950 and 1980 and then turns to economic reforms pursued by various governments. It also considers some of the factors that led India to embrace a more concerted agenda of pro-market reforms in the 1990s, including the economic crisis of 1990–1991 and elite politics.
Stuart Corbridge Vice-Chancellor and Warden of Durham University.
John Harriss Professor of International Studies and Director of the School for International Studies at Simon Fraser University in Vancouver, Canada
Craig Jeffrey Professor of Human Geography at the University of Melbourne.
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