The Making of Miracles in Indian States: Andhra Pradesh, Bihar, and Gujarat (Studies in Indian Economic Policies)

**Uncover the Secrets of India's Economic Powerhouses: A State-Level Analysis of Growth Miracles** Delve into the fascinating world of Indian economic development with "The Making of Miracles in Indian States: Andhra Pradesh, Bihar, and Gujarat," a groundbreaking study co-authored by internationally acclaimed economist M. Govinda Rao and Arvind Panagariya. This insightful book, published by Oxford University Press, challenges the conventional country-level analysis of growth miracles by focusing on the unique experiences of three diverse Indian states: Andhra Pradesh, Bihar, and Gujarat. What sets this book apart is its micro-level approach. While India's overall economic progress has garnered global attention, this book meticulously dissects the factors driving growth at the state level. You'll gain a deeper understanding of how these states, each with its own distinct socio-economic landscape, have achieved remarkable growth rates exceeding 8% for a decade in the 21st century. Explore the contrasting realities of Gujarat, the industrial powerhouse boasting the third-highest per-capita income among India's largest states, and Bihar, grappling with the challenges of being the poorest state. Andhra Pradesh, positioned in the middle, offers yet another compelling case study. The book expertly navigates these diverse landscapes, uncovering the specific policies, leadership decisions, and implementation strategies that propelled each state's economic transformation. "The Making of Miracles in Indian States" doesn't just present data; it provides a rich historical context for each state's development journey. Each of the three sections of the book expertly presents the historical perspective on the states' development and the specific factors that improved its economic fortunes. You'll discover the crucial role played by visionary leaders who translated their vision into tangible policies and effective implementation, ultimately stimulating economic growth and development. The book supports these observations with thorough quantitative documentation, providing a solid foundation for its conclusions. This book is not merely an academic exercise; it is a valuable resource for anyone seeking to understand the dynamics of economic development, particularly in the context of emerging economies. Whether you are a student, scholar, policymaker, NGO worker, or an employee of an international institution, this book will provide you with invaluable insights into the complexities of achieving sustainable growth. Gain a deeper appreciation for the following: * **The power of state-level policies:** Understand how tailored policies can address specific challenges and unlock a state's economic potential. * **The importance of leadership:** Discover how visionary leaders can drive change through effective governance and implementation. * **The role of institutions:** Learn how strong institutions can create a stable and predictable environment for investment and growth. * **The challenges of inequality:** Explore how states can address income disparities and ensure that the benefits of growth are shared by all. Published in 2015 as part of the "Studies in Indian Economic Policies" series, this hardcover edition spans 376 pages and offers a comprehensive analysis of the factors driving economic miracles in Indian states. With ISBN-13: 9780190236625, ISBN-10: 0190236620, and written in English, this book offers a treasure trove of knowledge for anyone seeking to understand the complexities of economic development in India. Don't miss this opportunity to gain insights from leading economists and explore the making of miracles in Indian states.