Another great power in the room? India’s economic rise in the 21st century and the dual economy challenge
Abstract This article’s main objective is to examine the political economy of the economic reforms implemented in the 1990s and examine the main factors which explain India’s economic rise in the 21st century. We argue that the productive investments and the country’s opening to the global economy h...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Instituto Brasileiro de Relações Internacionais
2021-07-01
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| Series: | Revista Brasileira de Política Internacional |
| Subjects: | |
| Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0034-73292021000100205&tlng=en |
| _version_ | 1818978897739382784 |
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| author | Rafael Henrique Dias Manzi Jean Santos Lima |
| author_facet | Rafael Henrique Dias Manzi Jean Santos Lima |
| author_sort | Rafael Henrique Dias Manzi |
| collection | DOAJ |
| description | Abstract This article’s main objective is to examine the political economy of the economic reforms implemented in the 1990s and examine the main factors which explain India’s economic rise in the 21st century. We argue that the productive investments and the country’s opening to the global economy have contributed to economic growth, but that this rise leads to the formation of a “dual economy.” Continuing reforms thereby become necessary for India in order to achieve inclusive growth and structural transformation, overcome the dual economy challenge and gain strength in the international system. |
| first_indexed | 2024-12-20T16:50:56Z |
| format | Article |
| id | doaj.art-5d930e21b5de43858ccc6ae225aced10 |
| institution | Directory Open Access Journal |
| issn | 1983-3121 |
| language | English |
| last_indexed | 2024-12-20T16:50:56Z |
| publishDate | 2021-07-01 |
| publisher | Instituto Brasileiro de Relações Internacionais |
| record_format | Article |
| series | Revista Brasileira de Política Internacional |
| spelling | doaj.art-5d930e21b5de43858ccc6ae225aced102022-12-21T19:32:49ZengInstituto Brasileiro de Relações InternacionaisRevista Brasileira de Política Internacional1983-31212021-07-0164110.1590/0034-7329202100105Another great power in the room? India’s economic rise in the 21st century and the dual economy challengeRafael Henrique Dias Manzihttps://orcid.org/0000-0001-8518-8329Jean Santos Limahttps://orcid.org/0000-0003-4758-2389Abstract This article’s main objective is to examine the political economy of the economic reforms implemented in the 1990s and examine the main factors which explain India’s economic rise in the 21st century. We argue that the productive investments and the country’s opening to the global economy have contributed to economic growth, but that this rise leads to the formation of a “dual economy.” Continuing reforms thereby become necessary for India in order to achieve inclusive growth and structural transformation, overcome the dual economy challenge and gain strength in the international system.http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0034-73292021000100205&tlng=enInternational EconomyIndiaEconomic InternationalizationEmerging CountriesEconomic Development |
| spellingShingle | Rafael Henrique Dias Manzi Jean Santos Lima Another great power in the room? India’s economic rise in the 21st century and the dual economy challenge Revista Brasileira de Política Internacional International Economy India Economic Internationalization Emerging Countries Economic Development |
| title | Another great power in the room? India’s economic rise in the 21st century and the dual economy challenge |
| title_full | Another great power in the room? India’s economic rise in the 21st century and the dual economy challenge |
| title_fullStr | Another great power in the room? India’s economic rise in the 21st century and the dual economy challenge |
| title_full_unstemmed | Another great power in the room? India’s economic rise in the 21st century and the dual economy challenge |
| title_short | Another great power in the room? India’s economic rise in the 21st century and the dual economy challenge |
| title_sort | another great power in the room india s economic rise in the 21st century and the dual economy challenge |
| topic | International Economy India Economic Internationalization Emerging Countries Economic Development |
| url | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0034-73292021000100205&tlng=en |
| work_keys_str_mv | AT rafaelhenriquediasmanzi anothergreatpowerintheroomindiaseconomicriseinthe21stcenturyandthedualeconomychallenge AT jeansantoslima anothergreatpowerintheroomindiaseconomicriseinthe21stcenturyandthedualeconomychallenge |