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This volume contributes to the required knowledge on a range of issues such as drivers of growth, domestic reforms compared to external reforms, macroeconomic policy coordination, macroeconomic policy institutions and practices, the effect of openness and of global economic integration, poverty and the degree of inclusion, bottlenecks in infrastructure, and the performance of major sectors such as agriculture, industry and finance.

The book is a concise edition of The Oxford Handbook of the Indian Economy in the 21st Century edited by Ashima Goyal. It gives a brief but comprehensive overview of the Indian economy through essays written by acknowledged experts.

This book provides a fresh perspective on the Indian Economy in moving away from the standard focus on underdevelopment and reforms to dynamic change and constraints that emerge in the process. Acknowledged experts on the Indian economy analyse unique features of India's path and explore interesting paradoxes. Despite inclusive political institutions, better governance and local empowerment is still a work in progress. Analysis of factors stre...

The book presents and further develops basic principles and concepts in international finance and open economy macroeconomics to make them more relevant for emerging and developing economies (EDEs). It addresses a host of themes including key issues such as exchange rate economics, macroeconomic policy in an open economy, analytical frameworks for and experience of EDEs after liberalization, the international financial system, currency and fin...