Law and the Economy in a Young Democracy
Law and the Economy in a Young Democracy

Author: Tirthankar Roy

Publisher: University of Chicago Press

Published: 2022-02-08

Total Pages: 309

ISBN-13: 022679914X

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An essential history of India's economic growth since 1947, including the legal reforms that have shaped the country in the shadow of colonial rule. Economists have long lamented how the inefficiency of India's legal system undermines the country’s economic capacity. How has this come to be? The prevailing explanation is that the postcolonial legal system is understaffed and under-resourced, making adjudication and contract enforcement slow and costly. Taking this as given, Law and the Economy in a Young Democracy examines the contents and historical antecedents of these laws, including how they have stifled economic development. Economists Roy and Swamy argue that legal evolution in independent India has been shaped by three factors: the desire to reduce inequality and poverty; the suspicion that market activity, both domestic and international, can be detrimental to these goals; and the strengthening of Indian democracy over time, giving voice to a growing fraction of society, including the poor. Weaving the story of India's heralded economic transformation with its social and political history, Roy and Swamy show how inadequate legal infrastructure has been a key impediment to the country's economic growth during the last century. A stirring and authoritative history of a nation rife with contradictions, Law and the Economy in a Young Democracy is essential reading for anyone seeking to understand India's current crossroads—and the factors that may keep its dreams unrealized.

Democracy against Development
Democracy against Development

Author: Jeffrey Witsoe

Publisher: University of Chicago Press

Published: 2013-11-05

Total Pages: 254

ISBN-13: 022606350X

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Hidden behind the much-touted success story of India’s emergence as an economic superpower is another, far more complex narrative of the nation’s recent history, one in which economic development is frequently countered by profoundly unsettling, and often violent, political movements. In Democracy against Development, Jeffrey Witsoe investigates this counter-narrative, uncovering an antagonistic relationship between recent democratic mobilization and development-oriented governance in India. Witsoe looks at the history of colonialism in India and its role in both shaping modern caste identities and linking locally powerful caste groups to state institutions, which has effectively created a postcolonial patronage state. He then looks at the rise of lower-caste politics in one of India’s poorest and most populous states, Bihar, showing how this increase in democratic participation has radically threatened the patronage state by systematically weakening its institutions and disrupting its development projects. By depicting democracy and development as they truly are in India—in tension—Witsoe reveals crucial new empirical and theoretical insights about the long-term trajectory of democratization in the larger postcolonial world.

Democracy, Development and Decentralisation in India
Democracy, Development and Decentralisation in India

Author: Chandan Sengupta

Publisher: Routledge

Published: 2013-10-28

Total Pages: 355

ISBN-13: 1136198482

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Offering new insights into the political economy of contemporary India, this book considers how and why unequal patterns of economic growth have taken shape within the context of a democratic and decentralising political system, and how this has impacted upon the processes of economic development.

Costs of Democracy
Costs of Democracy

Author: Devesh Kapur

Publisher: Oxford University Press

Published: 2018-06-13

Total Pages: 383

ISBN-13: 019909313X

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One of the most troubling critiques of contemporary democracy is the inability of representative governments to regulate the deluge of money in politics. If it is impossible to conceive of democracies without elections, it is equally impractical to imagine elections without money. Costs of Democracy is an exhaustive, ground-breaking study of money in Indian politics that opens readers’ eyes to the opaque and enigmatic ways in which money flows through the political veins of the world’s largest democracy. Through original, in-depth investigation—drawing from extensive fieldwork on political campaigns, pioneering surveys, and innovative data analysis—the contributors in this volume uncover the institutional and regulatory contexts governing the torrent of money in politics; the sources of political finance; the reasons for such large spending; and how money flows, influences, and interacts with different tiers of government. The book raises uncomfortable questions about whether the flood of money risks washing away electoral democracy itself.

Democracy and Discontent
Democracy and Discontent

Author: Atul Kohli

Publisher: Cambridge University Press

Published: 1990

Total Pages: 442

ISBN-13: 9780521396929

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Long considered one of the great successes of the developing world, India has more recently experienced growing challenges to political order and stability. Institutional mechanisms for the resolution of conflict have broken down, the civil and police services have become highly politicized, and the state bureaucracy appears incapable of implementing an effective plan for economic development. In this book, Atul Kohli analyzes political change in India from the late 1960s to the late 1980s. Based on research conducted at the local, state and national level, the author analyzes the changing patterns of authority in and between the centre and periphery. He combines rich empirical investigation, extensive interviews and theoretical perspectives in developing a detailed explanation of the growing crisis of governance his research reveals. The book will be of interest to both specialists in Indian politics and to students of comparative politics more generally.

Democracy, Development, and the Countryside
Democracy, Development, and the Countryside

Author: Ashutosh Varshney

Publisher: Cambridge University Press

Published: 1998-09-18

Total Pages: 232

ISBN-13: 9780521646253

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Several scholars have written about how authoritarian or democratic political systems affect industrialization in the developing countries. There is no literature, however, on whether democracy makes a difference to the power and well-being of the countryside. Using India as a case where the longest-surviving democracy of the developing world exists, this book investigates how the countryside uses the political system to advance its interests. It is first argued that India's countryside has become quite powerful in the political system, exerting remarkable pressure on economic policy. The countryside is typically weak in the early stages of development, becoming powerful when the size of the rural sector defies this historical trend. But an important constraint on rural power stems from the inability of economic interests to overpower the abiding, ascriptive identities, and until an economic construction of politics completely overpowers identities and non-economic interests, farmers' power, though greater than ever before, will remain self-limited.

Poverty, Inequality, and Democracy
Poverty, Inequality, and Democracy

Author: Francis Fukuyama

Publisher: JHU Press

Published: 2012-03

Total Pages: 212

ISBN-13: 1421405709

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The rise of populism in new democracies, especially in Latin America, has brought renewed urgency to the question of how liberal democracy deals with issues of poverty and inequality. Citizens who feel that democracy failed to improve their economic condition are often vulnerable to the appeal of political leaders with authoritarian tendencies. To counteract this trend, liberal democracies must establish policies that will reduce socioeconomic disparities without violating liberal principles, interfering with economic growth, or ignoring the consensus of the people. Poverty, Inequality, and Democracy addresses the complicated philosophical and moral issues surrounding the distribution of economic goods in free societies as well as the empirical relationships between democratization and trends in poverty and inequality. This volume also discusses the variety of welfare-state policies that have been adopted in different regions of the world. The book’s distinguished group of contributors provides a succinct synthesis of the scholarship on this topic. They address such broad issues as whether democracy promotes inequality, the socioeconomic factors that drive democratic failure, and the basic choices that societies must make as they decide how to deal with inequality. Chapters focus on particular regions or countries, examining how problems of poverty and inequality have been handled (or mishandled) by newer democracies in Latin America, Eastern Europe, Africa, and Asia. Poverty, Inequality, and Democracy will prove vital reading for all students of world politics, political economy, and democracy’s global prospects. Contributors: Dan Banik, Nancy Bermeo, Dorothee Bohle, Nathan Converse, Alberto Díaz-Cayeros, Francis Fukuyama, Béla Greskovits, Stephan Haggard, Ethan B. Kapstein, Robert R. Kaufman, Taekyoon Kim, Huck-Ju Kwon, Jooha Lee, Peter Lewis, Beatriz Magaloni, Mitchell A. Orenstein, Marc F. Plattner, Charles Simkins, Alejandro Toledo, Ilcheong Yi

Understanding India's New Political Economy
Understanding India's New Political Economy

Author: Sanjay Ruparelia

Publisher: Routledge

Published: 2011-03-09

Total Pages: 356

ISBN-13: 1136816488

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A number of large-scale transformations have shaped the economy, polity and society of India over the past quarter century. This book provides a detailed account of three that are of particular importance: the advent of liberal economic reform, the ascendance of Hindu cultural nationalism, and the empowerment of historically subordinate classes through popular democratic mobilizations. Filling a gap in existing literature, the book goes beyond looking at the transformations in isolation, managing to: • Explain the empirical linkages between these three phenomena • Provide an account that integrates the insights of separate disciplinary perspectives • Explain their distinct but possibly related causes and the likely consequences of these central transformations taken together By seeking to explain the causal relationships between these central transformations through a coordinated conversation across different disciplines, the dynamics of India’s new political economy are captured. Chapters focus on the political, economic and social aspects of India in their current and historical context. The contributors use new empirical research to discuss how India’s multidimensional story of economic growth, social welfare and democratic deepening is likely to develop. This is an essential text for students and researchers of India's political economy and the growth economies of Asia.

Development and Democracy in India
Development and Democracy in India

Author: Shalendra D. Sharma

Publisher: Lynne Rienner Publishers

Published: 1999

Total Pages: 298

ISBN-13: 9781555878108

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This study examines the relationship between democratic governance and economic development in post-independence India. The author addresses the paradox of India's political economy: why have five decades of democratically guided strategies failed to reconcile economic growth with redistribution.