Economic Institutions in India Sustainability Under Liberalization and Globalization

'There are numerous books on the Indian Economy: its problems and prospects. It is hard to say anything new and insightful on the subject. But this book manages the improbable. It is an important contribution that no serious student of the Indian economy can afford to neglect.' - Jagdish Bhagwati, Professor of Economics, Columbia University

'This book will help to see India's economy and society become more and more integrated with those of the rest of the world. I recommend it to everybody having interests to study and co-create the future of India.' - Sanjiv Goenka, President, Confederation of Indian Industry; Vice-Chairman and CEO, RPG Enterprises Ltd

'Banerjee and Richter have taken on and succeeded in a most daunting task: saying something new and refreshing on the Indian economy as well as presenting some coherent and practical ideas on how to accelerate its growth. Their book is a collection of 15 thoughtful and well researched essays on three areas critical to the future prospects of Indian economy: fiscal and financial dynamics; exports and trade regime; and institutional development. The book makes a particularly special contribution through its discussion of the issues related to the reconciliation of internal country dynamics (and history) with the global imperatives for the reform of India's economic institutions.' - Harinder Kohli, President and CEO, Centennial Group