Unfinished Business: India in the World Economy

In this collection of essays, Deepak Lal, one of the World’s leading development economists, examines issues related to India’s economic policy from the classical liberal point of view. The volume explores various economic, political, and cultural aspects of India’s continuing integration into the world economy.Illustrating how a century of looking inward has thwarted efforts at development and poverty alleviation, Lal reiterates the supremacy of the market over state controls and makes a strong case for liberalization.The writings offers alternative viewpoints on various issues of current debate such as macro policies, privatization, anti-poverty strategies, health care and the role of the communications revolution. The book also features an insightful analysis of the environmental movement which is increasingly gaining prominence. In each case, Lal identifies the relevant issues, critically examines them, and goes on to demolish conventional notions.This book with its wide coverage makes interesting reading for the general reader, apart from academics, journalists, policy-makers, civil servants, politicians, and students of development economics.