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New India: Reclaiming the Lost Glory offers a persuasive and data-driven roadmap for India to eliminate abject poverty, accelerate economic growth, and return to a prominent position in the global economy. Outlining a concise strategy to transform India from a primarily rural and agricultural economy to an urban and industrial economy, Arvind Panagariya highlights the importance of creating good jobs for workers with limited skills by encouraging medium andlarge firms in labor-intensive sectors.
This volume offers a rousing defense of pro-free-trade policies and their benefits for developing countries. Through cross-country evidence and detailed case studies, Arvind Panagariya demonstrates the need for trade openness for sustained growth and poverty alleviation.
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