000 00400nam a22001217a 4500
999 _c29879
_d29879
008 180304b xxu||||| |||| 00| 0 eng d
020 _a9781108409995
082 _a330.954 MUR-K
100 _aMurali, Kanta
245 _aCaste, class, and capital :
_bthe social and political origins of economic political in India /
_cKanta Murali
260 _aIndia
_bCambridge University Press
_c2017
300 _a297 p.
365 _aINR
_b495.00
500 _a For millions of poor people in the developing world, economic growth offers prospects for improved well-being. But what are the political and social conditions conducive to growth-oriented policies in poor democracies? This book addresses this highly consequential question by focusing on a specific empirical puzzle - policy variation across Indian states in the competition for private industrial investment, a phenomenon that came to the fore after the country adopted market reforms in 1991. Through the analysis of investment policies, this book offers a novel explanation, which links social identity, class, and economic policy outcomes. Its main findings highlight a link between pro-business policies and exclusionary political trends in India's high growth phase, and offer a sobering perspective on the current model of growth in the country. It adds to our understanding of Indian political economy as well as to the dynamics of economic development in poor democracies.
650 _aIndia
650 _aSocial conditions
650 _aEconomic history
650 _aEconomic policy