India's turn: understanding the economic transformation

India's economic turnaround is now well known. However many questions still remain. When did the economy start turning around and why? What is so special about India's pattern of economic development and what are the consequences? Are India's public institutions deteriorating or improving? What is India's economic future? These essays, both analytical and prescriptive, offer fresh and unconventional answers to questions relating to the turning point of India's economy, its pattern of economic development, the status of its public institutions, and its economic future. Two broad themes underlie the volume. The first cluster relating to India's current and future growth analyses the Indian experience in the last three decades. The second dealing with the integration of India into the world economy describes the global trading context and the opportunities and constraints that India faced, and how quickly these change.