Jump to ContentJump to Main Navigation
China–IndiaPathways of Economic and Social Development$
Users without a subscription are not able to see the full content.

Delia Davin and Barbara Harriss-White

Print publication date: 2014

Print ISBN-13: 9780197265673

Published to British Academy Scholarship Online: January 2015

DOI: 10.5871/bacad/9780197265673.001.0001

Show Summary Details
Page of

PRINTED FROM BRITISH ACADEMY SCHOLARSHIP ONLINE (www.britishacademy.universitypressscholarship.com). (c) Copyright British Academy, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in BASO for personal use.date: 03 April 2020

The Indian Economy in the Post-Reform Period: Growth without Structural Transformation

The Indian Economy in the Post-Reform Period: Growth without Structural Transformation

Chapter:
(p.47) 2 The Indian Economy in the Post-Reform Period: Growth without Structural Transformation
Source:
China–India
Author(s):

Kunal Sen

Publisher:
British Academy
DOI:10.5871/bacad/9780197265673.003.0003

This paper provides an overview of the key analytical issues relating to India’s domestic economy. It first describes the pattern of growth and structural change in the Indian economy since Independence, highlighting the atypical nature of India’s structural transformation in the Asian context, with slow movement of the work-force from agriculture to manufacturing, and the rapid increase in the service sector. It then examines in turn the pattern of economic change in agriculture, manufacturing and services since the beginning of economic reforms in the 1990s, noting in particular the prevailing stagnation in agricultural growth, and an increase in the dualistic structure of manufacturing, along with the emergence of an export-oriented highly skilled segment of the services sector. It discusses the nature of urbanisation, and highlights the puzzle of slowing urbanisation in India. Finally, it revisits the debate around the causes of India’s growth acceleration, arguing that India’s growth acceleration suggest a more complex causal story than has been commonly portrayed in scholarly writings.

Keywords:   India, economy, growth, reforms, structural transformation

British Academy Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us.