A global deal on climate change: a possible role for India

Abstract

India has traversed a long way since the economic reforms of the early 1990s, and is now widely recognized as one of the fastest growing countries in the world. In view of Montek Singh Ahluwalia’s key role in crafting reforms which helped integrate India with the world economy, this volume in his honour brings together essays by leading experts on the Indian economy and on international economic policy.Grounded in the context of current issues and constraints, the volume is divided into four themes: (i) growth, inequality, and reform; (ii) the evolution of macroeconomic and financial policies; (iii) review of progress in key sectors of the economy; and (iv) India’s role and place in the global economy. It spans the main features of India’s economic development and addresses a wide range of topics such as growth, inequality, macroeconomic performance, monetary policy, capital markets, infrastructure, human resources, services, global finance, climate change, and international trade. The essays analyse the key economic challenges facing India today and suggest policy measures that can propel India towards inclusive growth