Volume 1: This volume provides a comprehensive treatment of the Indian industrialization process since independence covering all the important aspects: trends and patterns, regionalization, employment, informal sector, corporate savings, tax and surplus, concentration, foreign direct investment, and development of indigenous technology and patents.
Volume 2: The Indian economy has successfully integrated itself with the rest of the world in the past two decades. Not only has its external-trade (share in global-trade) grown considerably, but it has also received significantly higher FDI and FII inflows. As a result, India is considered among the foremost beneficiaries of globalization. However, this development is only one side of the story and it has been achieved at a cost of policy independence and increased sensitivity to external shocks. This volume illustrates such costs and attempts to redefine the priorities for a low per-capita income nation like India.
Volume 3: This volume is largely a critical review of macroeconomic issues such as monetary policy, fiscal policy, financial liberalization, inter-sectoral linkages, open economy macroeconomics, labour conditions, and inter-governmental fiscal transfers.
