Book-review India's Long Road: The Search for Prosperity

Abstract

What policies and policy reforms can put India on the path of rapid and sustained economic growth and hence prosperity (defined in this work as average incomes close to Portugal’s and where national income is widely shared to ensure reasonable living standards for the poorest)? The analytical lenses coming from neoclassical economics—predictable given Dr Joshi’s training and subsequent affiliations—the book delves into, not only the probable explanations underlying India’s suboptimal economic growth and development performance, but also outlines the required policy initiatives to improve economic and social development outcomes. Several reforms suggested, such as in public health, are indeed critically impending ones (Chapter 9)