This book, the first of two volumes, considers that India must first be looked at as an organization in order to properly understand its present day situation. Chapters consider the political and philosophical foundations of the development of the economy of India, what went wrong and what can...

‘Jha is the right scholar and economist to take readers through the development of the Indian economy. Readers will be in good hands.’ -Edmund Phelps, Columbia University, USA, and winner of the 2006 Nobel Prize in Economics ‘This is perhaps the best and most scholarly contribution to...

This book, the second of two volumes, continues the authors’ ground-breaking re-examination of India’s history and political economy. Using the novel perspective of analysing India as an organization, volume two closely considers the country’s fortunes in the twentieth century and how the...

Provides a detailed analysis of the achievements and disappointments of the modern Indian economy, and an exploration of the issues which are shaping India's economic future. Offers a comprehensive overview of the state of India's economy in the twenty-first century and is essential for...