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A Sixth of Humanity : Independent India's Development Odyssey.

Oxford Scholarship Online: Economics and Finance Available online

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Format:
Book
Author/Creator:
Kapur, Devesh.
Series:
Modern South Asia Series
Language:
English
Physical Description:
1 online resource (825 pages)
Edition:
1st ed.
Place of Publication:
New York : Oxford University Press, Incorporated, 2026.
Summary:
India's development odyssey stands at a critical juncture. In A Sixth of Humanity, Devesh Kapur and Avrind Subramanian trace how one of the world's largest and most diverse countries uniquely attempted four concurrent transformations: building a state, creating an economy, changing society and forging a sense of nationhood. By drawing on deep archives of political and economic policy documents spanning over 75 years, Kapur and Subramanian create a compelling picture of the current state of India's political economy and the crossroads it now faces. Connecting national development policies to lived realities across the country and social groups, they provide a roadmap of India's past choices and the crossroads it now faces.
Contents:
Cover
Series page
Title page
Copyright page
Dedication page
Contents
List of Abbreviations
Introduction
The Churn-for Better, for Worse
History, the Argument and Us
What Democracy Gave, What It Took Away
What Socialism Took Away, What Reforms Offered
What the Indian State's Many Avatars Tell Us
Peeking into the Indias Inside India
The Surprising Successes, the Unexpected Failures
Outline of the Book
Part 1 - Origins and Order
I. Freighted Inheritance, Fraught Beginnings and Fateful Choices
Freighted Inheritance
Fraught Beginnings
Peaceful Decolonization and Political Rupture
Violent Partition
Internal Assimilation
Fateful Choices: A Framework
State
Society
Nation
Markets
The Fateful Choices Made
Politics: Precocious Democracy with Universal Franchise
Nation: The Idea of India
Religion
Society: Region, Language and Federalism
Society: Caste and Tribals
Society: Patriarchy and Gender
State and Markets
State and Nation: The Hobbesian State
Guarantees for Few Versus Opportunities for All
The Intangible Early Bequest: The Democratic Sensibility
State Over Society
Conclusion
II. Order: The Paradoxes of the Hobbesian State
Order and the State
The Achievement: Avoiding Extreme Disorder and Instability
Avoiding Extreme Economic Instability
Avoiding Political Instability
The Rise and Decline of Disorder
Localized Disorder Along India's Cleavages
Disorder Targeting the State29
Societal Disorder: Communal Violence
Social Disorder: Riots and Protests
Why Macro-Order Despite Multiple Micro-Disorders?
Democracy
Coercive State Capacity
Personnel
Legal Architecture
Quotidian Rule of Law and Justice
The Indian Hobbesian State: Macro Strengths and Micro Comorbidities.
Part 2 - State, Markets and Economy
III. Misunderstood and Misdiagnosed: India's Growth and Policy Regimes
The Four Phases
The Planning Phase: Mischaracterized6
The 1980s: The First and Last Decade of True Import Substitution
The Neoliberal Era: East Asian Tiger and the Improving Redistributive State
The 2010s: 'Growth Without a Story' or a Story of Weaker Growth?
The GDP Measurement Mess
IV. Planning Failure: Neither Growth nor Structural Transformation
Growth and the Failed/Thwarted Structural Transformations
The Gandhi-Rawls Transformation
The Phules-Capability Transformation
The Clark-Kuznets-Lewis Transformation
The Marx-to-Market Transformation
The Ricardo-Smith Transformation
The China Benchmark
Why Scarcity in India?
The 'Neglect' of Agriculture
Strangling the Domestic Private Sector
Nationalization
Onerous Regulations
Prohibitions and Constricting, Conditional Permissions, alias Licencing
Agricultural Neglect and Throttling the Private Sector: The Verdict
Licencing: Why Such a Difficult and Delayed Exit?
V. Failure Amidst Success: Growth Withou t Structu ral Tran sformation
The Deep Mystery
The Pathology and Patterns
Explanations
Weak Agricultural Growth
Midgets Making Widgets: Premature Democracy, Overregulation and Size
High Cost of Non-Tradeable Inputs: Electricity
Labour Market: Government as Monopsony Employer
Services and Dutch Disease
Sociological and Intangible Factors
Conclusion and the Final Sting in the Tail
VI. The Kamadhenu Fiscal and Redistributive State
The Most Vulnerable Fiscal State?
The Colonial Past and Stigmatized Taxation
Analytical History: Size and Vulnerability of the Populist and Neoliberal States
Size
Macroeconomic Vulnerability.
Democracy and the Expenditure State
Democracy and Tax State
Taxation: The Achilles Heel of the Indian Fiscal State
Taxation of the Agricultural Rich
Non-Tax Revenues: Public Sector Enterprises
The Middle Class
Fiscalizing Land
Taxing the Extremely Rich
Why Exclusions from Taxation?
Taxation and Spending: Cross-Country Evidence on Too Much or Too Little
The Fiscal State and Macroeconomic Stability
Why Have Markets Not 'Punished' India?
Can Markets Be Overly Sanguine?
VII. Globalization: Skewed and Ambivalent
Distinctiveness of Globalization: The Roles of Trade, Finance, FDI, People and Ideas
Trade
Finance
Foreign Direct Investment
People20
Ideas in (Globalized) Indians31
Defying, Not Deifying, Comparative Advantage: Costs and Benefits
Costs
Mixed Benefits of the Brain Drain
The Globalization Ambivalence Paradox: Success as Orphan
Explaining the Two Puzzles
Conclusion: The Changing Landscape
From De-Globalization to Re-Globalization
From Supplicant to Suitor
From Geo-Economic Wannabe to Geopolitical Almost-Be
From Bit Player and Pleader to Active Participant
From Servants of the Soil to Masters of the Universe
Postscript
Part 3 - State, Society and Development
VIII. Building Leviathan: Bureaucracy, Legibility and Presence
Background
The Administrative State: Bureaucracy
Scope and Size7
Organizational Pathologies
Transfers and Vacancies
Organizational Norms and Culture
An Erratically 'Legible' State
Presence
Duality: Successes of Episodic Delivery
Improving the Performance of the Indian State
IX. The Development State I: Hardware of Connectivity
The Caste System of Public Goods Provision: Spending by the State and Private Sector
Public Goods Provision: Infrastructure Outcomes.
Transportation
Communications
The Singular Achievement
Building Infrastructure: Costs
Inefficiencies
X. The Development State II: Socialist Business
The Evolution of India's State-Owned Enterprises
Central Public Sector Undertakings (CPSUs)
Performance
Sectoral Performance
State-Government-Owned Enterprises (SPSUs)
The Costs of Underperformance
Opportunity Costs in Foregone Revenues and Spending
Costs of Thwarted Structural Transformation
Why Was Public Sector Performance Poor?
Multiple Public Objectives
Regional Development
Employment
Poverty and Populism
Management
The Real Failure? Lack of Exit Despite Underperformance
The Mai-Baapism Roots of State Capitalism in India
Interests, Ideology and Intellectuals
Why Has the Public Sector Made a Comeback?
XI. The Development State III: Joint Family Banking
Analytical Framework
The Four Phases of Socialist Finance
Phase 1, 1950-1970: Agriculture, Agriculture, Agriculture
Phase 2, 1969-1990: Finance as Inclusion, Prototype Mass Welfarism, and Stealth Taxation
Finance as Inclusion (Deposit Side)
Finance as Redistribution (Credit Side)
Finance as Stealth Taxation
Finance for Growth
Phase 3, 1990-2010: Maturity Transformation on Steroids, Setting Up Stigmatized Capitalism
Phase 4, 2010-2020: The Twin Balance-Sheet Challenge, Deleveraging and Stigmatized Capitalism
Overall Evaluation
XII. The Development State IV: Software of Human Capabilities
Introduction: Elite Priorities
The Facts
Health: Adults
Health: Children
Education
Assessing Outcomes in Development Time
Public Goods Provision: Explanations
Time Pattern
Explanations: Differential Outcomes
Part 4 - Nation of Indias.
XIII. Nation-Building: Hierarchies, Inequalities and Social Cleavages
Disadvantages
Caste
Tribals
The Backwardness Conundrum: Other Backward Castes
Women
Diversity
Regions
Cognitive Connectedness
Building Conviviality: Public Spaces and Public Cultures
Representation: The Promise and Perils
Outcomes: Have the Lagging Groups Caught Up?
XIV. Nation-Building Through Fiscal Federalism
A Brief History of Fiscal Federalism
The Vertical Arrangements: Centre Versus States
Tax Collection and Retention
Expenditure Magnitudes and Priorities
Horizontal Imbalance: Rectifying Inequity Between States
Characterizing the Indian Model of Aid
Overall Magnitudes24
Donors and Beneficiaries
Hobbesian Aid
Development Aid
Politics of India's Aid Model: The Two Wedges
Economic and Fiscal Consequences of Fiscal Federalism
The Creation of a Common Market: GST as the Apogee of Fiscal Federalism
The Third Neglected Tier of Governance
Introduction and Facts
History
Why Neglect?
Outcomes
Appendix Tables
XV. India's Indias: Succeeding and Failing Uniquely
Paths to Success
Neither Agriculture, Manufacturing nor Services: The Kerala Model
The Precocious India Model of Services-Based Transformation: Bengaluru, Mumbai, Hyderabad, Chennai and Delhi
The Lewis Model of Manufacturing Success with Limited Agricultural Crop Success: Gujarat, Maharashtra and Tamil Nadu
Failures and Disasters
Failure Despite Spectacular Agricultural Crop Success: The Rise and Fall of Punjab Versus the Rise and Rise of Haryana
Ideology, Governance and Class Conflict: West Bengal's Reversal of Fortune
Identity, Inequality and the Aid Curse in the Gangetic Low-Income Trap
Divergence: Contingencies, Agency and Reversals.
Part 5 - Conclusion.
Notes:
Description based on publisher supplied metadata and other sources.
Other Format:
Print version: Kapur, Devesh A Sixth of Humanity
ISBN:
9780197837276
OCLC:
1591537752

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