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Law and the Economy in a Young Democracy

- India 1947 and Beyond
Af: Tirthankar Roy, Anand V. Swamy Engelsk Hardback

Law and the Economy in a Young Democracy

- India 1947 and Beyond
Af: Tirthankar Roy, Anand V. Swamy Engelsk Hardback
Tjek vores konkurrenters priser
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.
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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.
Produktdetaljer
Sprog: Engelsk
Sider: 272
ISBN-13: 9780226799001
Indbinding: Hardback
Udgave:
ISBN-10: 022679900X
Kategori: Asiatisk historie
Udg. Dato: 8 feb 2022
Længde: 26mm
Bredde: 161mm
Højde: 235mm
Forlag: The University of Chicago Press
Oplagsdato: 8 feb 2022
Forfatter(e) Tirthankar Roy, Anand V. Swamy


Kategori Asiatisk historie


ISBN-13 9780226799001


Sprog Engelsk


Indbinding Hardback


Sider 272


Udgave


Længde 26mm


Bredde 161mm


Højde 235mm


Udg. Dato 8 feb 2022


Oplagsdato 8 feb 2022


Forlag The University of Chicago Press

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