Strategies for Achieving Sustained High Economic Growth: The Case of Indian States

This book examines the factors influencing countrywide economic growth and development by analyzing the economic strategies and experiences of various Indian states. It employs a 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 The analysis looks at 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 Indian states so that the disparity becomes minimal.