Strategies for Achieving Sustained High Economic Growth identifies the factors influencing countrywide economic growth and development by analysing the economic strategies and experiences of various Indian states. It employs a very broad range of analytical techniques to understand the growth patterns and inter-linkages among the sectors and economies of the states.
The empirical studies of Indian state economies have largely ignored the inter-dependence of agriculture and industry sectors. The authors explore how this inter-relationship translates into the growth stimulus between the two sectors. The analysis looks at the growth experiences of the states with respect to convergence of their growth rates, spill-over effects of growth of one state on the others, and the impact of macroeconomic policies at the state level. The book also provides insights into factors that can lead to higher and more even growth performance by the Indian states so that the disparity becomes minimal.
This book will be a helpful reference for scholars and students of economics and policy studies and political economics.