Saving, Investment, and Growth in India

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9780195658576: Saving, Investment, and Growth in India

This volume provides the first comprehensive analysis of the determinants of saving and investment and the role of investment in economic growth in the Indian economy over the post-independent era. It aims to inform the national development policy debate in India, which has received added impetus following the market-oriented policy reforms initiated in 1991, and to enrich the literature on saving, investment and growth in developing countries which consists predominantly of broad generalisations made from multi-country, cross-sectional analyses

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About the Author:

Prema-chandra Athukorala is at Australian National University, Canberra. Kunal Sen is at University of East Anglia.

Review:

The book is set apart from other books on India by its attempt to bring empirical rigour to bear on questions of policy such as the relationship between investment and growth and the determinants of saving and investment in India. While all the chapters are competently written, I especially liked the chapter on the determinants of investment . Even though this book would have been very readable for a general audience even without the empirics, including the empirics will have special appeal for undergraduate students, and even some graduate students looking to work with developing country data ... extremely enjoyable. Naveed H. Naqvi, University of Durham The Journal of Development Studies

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Athukorala, Prema-chandra; Sen, Kunal
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