Description
OXFORD UNIVERSITY PRESS Lost Glory : Indias Capitalism Story by Sumit K Majumdar
"Lost Glory: Indias Capitalism Story deconstructs Indias industrialization story challenging contemporary ideas about her economy. Based on careful and detailed empirical analyses of Indias industrialization for a period of almost seven decades the book provides deeply-nuanced depictions of the history of political economy that have affected Indias industrialization over the course of a century. These dimensions of Indias economic history have never before been collated and presented. br /The presentation takes readers on a definitive evidence-based survey of Indias industrial landscape. It includes a detailed historical description of the intellectual origins of Indias modern industrialization anchored in a privileged view of economic policy making. Grounded in deep historical and political analyses that account for the variations continuities and changes in institutional contingencies the facts derived on Indias long-term economic performance are used to put the record straight. The findings of the book will transform debate and set the agenda for thoughtfully assessing what course the Indian economy needs to follow.