Macroeconomics of Post‐reform India

This book has very precisely covered the journey of the Indian economy from the period of pre‐reform to post‐reform era. The economic reforms which took place in the year 1991 are very significant for India. It brought about a lot of socio‐economic changes which changed India's economy completely. This book has been divided into two sections. The first section deals with the theoretical framework and approaches (a brief understanding of the Indian macro economy), and the second section deals with the behaviour of the Indian economy. The second section is a more comprehensive section as it discusses about topics like—inflation, service‐led growth, balance of payment crisis, and some macroeconomic puzzles. The author concisely explained the different phases of the Indian economy, right from pre‐reform to post reform, from manufacturing to service, and from food to oil inflation. The book is a thorough revision of the Indian economy at hand, and it gives the readers a clear overview of the country

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