By Rob Jenkins
Successive Indian governments have remained devoted to market-oriented reform considering the fact that its creation in 1991. In a well-argued and debatable exam of the political dynamics that underlie that dedication, Jenkins demanding situations present theories of the connection among democracy and financial liberalization. He contends that whereas democracy and liberalization aren't any longer thought of incompatible, the hot pondering emphasizes the healthy facets of democracy, downplaying the enticements of populism and its reliance on obfuscatory strategies in defusing political resistance. in truth, the writer argues, it's via such political maneuvering that democracy survives.
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Additional resources for Democratic Politics and Economic Reform in India (Contemporary South Asia)
The political sustainability of reform has not undermined the conditions which the Rudolphs considered instrumental to the creation of relative state autonomy; in fact, it has relied on them. It is for this reason that we are able to chart a course away from the excessive determinism of political economy explanations derived from Pranab Bardhan’s theory-driven model of a conXict-ridden dominant coalition and an impotent state. We are able instead to read the events of the past eight years through a lens which reaYrms the validity of Stanley Kochanek’s empirically derived observation of more than twenty years ago: Policy initiatives usually come from government .
For an extremely good account of the overlap between various approaches to the study of economic liberalisation in India, see E. Sridharan, ‘Economic Liberalisation and India’s Political Economy: Towards a Paradigm Synthesis’, Journal of Commonwealth and Comparative Politics, vol. 31, no. 3 (November 1993), pp. 1–31. He describes Bardhan’s approach as a ‘fusion of a modiWed Marxism with neo-classical political economy’ (p. 28). Õ» Pranab Bardhan, The Political Economy of Development in India (Oxford: Basil Blackwell, 1984).
The third reason why we can rely upon the liberalisation-threatened notions advanced by the Rudolphs, and yet still expect state autonomy to persist, stems from the way in which they characterise interest-group representation in India. Their notion of ‘involuted pluralism’ is particularly relevant to the way in which this book approaches the case material on Indian economic reform in the 1990s. They deWne involution as ‘the excessive multiplication of less eVectual units’,ŒÕ using examples from both labour unions and business associations which have splintered, weakening themselves in the process.