Modi-nomics and the politics of institutional change in the Indian economy
Bibliographic Data
| ID | 12911287 |
|---|---|
| Authors | Jivanta Schöttli (0000-0002-4658-1483, Heidelberg University, corresponding author), Markus Pauli (0000-0003-0799-280X, Heidelberg University) |
| Year | 2016 |
| Volume | 9 |
| Issue | 2 |
| Pages | 154-169 |
| Publication date | 2016-04-06 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Journal of Asian Public Policy (JOURNAL) |
| Journal identifiers | ISSN: 1751-6242 • E-ISSN: 1751-6234 |
| Publisher | Taylor & Francis (PUBLISHER • GB) |
| DOI | 10.1080/17516234.2016.1165332 |
| OpenAlex | W2326431336 |
| Language | EN |
| Citations received | 7 |
| References cited | 4 |
The term ‘Modi-nomics’ gained widespread publicity across India and resonated internationally during the Bharatiya Janata Party’s (BJP) campaign for the 2014 general elections. Named after the BJP’s star campaigner and then Prime Ministerial candidate, Narendra Modi, Modi-nomics refers to his success as Chief Minister in Gujarat, a state richer, with faster GDP growth, more jobs and industry than most other Indian states. The 2014 campaign promised that the ‘Gujarat model’ of clean government and economic competence, could be replicated across the country.In this article, we identify the promises and premises behind Modi-nomics. We take stock of claims and criticism, drawing on comparative development statistics to discuss a much lauded but also highly contested ‘success’ story. To assess whether Modi-nomics is guiding policy we draw upon Douglas North’s new institutionalism. In addition, we use a sociological understanding of institutions to argue that a central component of Modi-nomics is to achieve economic change by altering perceptions and images as well as policy. However, Modi-nomics remains highly contested within India’s domestic political arena and has unleashed other political entrepreneurs drawing on politics of entitlement (the Patel agitation) or religious sensibilities (the beef ban controversy). To gain resilience, Modi-nomics will have to combine ideational and institutional change and to reconcile the tensions arising in the process
Criticism · Economics · Economy · Political economy · Political science · Politics · Sociology · Economic Theory and Policy · Indian Economic and Social Development · Law · Political Economy and Marxism
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| Unique citing works | 7 |
|---|---|
| Citations per year | 1.17 |
| Citation span | 2020 - 2025 (6) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 7 |