Policy formulation, electoral politics and the political economy of NEO-liberal reforms in India
By: Joshi, Divya Upadhyaya
.
Material type: 
BookPublisher: The Indian Journal of Political Science Description: 77(1), Jan-Mar, 2016: p.137-142.Subject(s): Political Economy of Reforms, Policy Formulation, Electoral Politics, Coalition Governments, Inclusive Growth, Post-Liberalization India, Policy Distortions, Economic Implementation, Political Dynamics, India
In:
The Indian Journal of Political ScienceSummary: There is a need to study the political economy of reforms in India and the complex inter-linkages therein, especially in the context of the political dynamics of coalition governments and the compulsions of electoral politics.Policy formulation and implementation in India which has been aimed at inclusive
growth in the post-liberalization period (after 1990), and especially since 2000, appears to have failed to produce the desired results due to the adverse effect of politics. This paper attempts to analyze the strong linkage between politics and economics in the context of Indian political economy. In the history of Independent democratic India policy formulation has been motivated and shaped by political factors, especially by compulsions of electoral and coalition politics. The linkage between politics and economics leads to policy distortions, and economic policies have their intended results diluted. Past researches reveal that politics has a strong negative impact on economics (especially on the aspect
of policy formulation and implementation) in India. It is imperative to focus on the analysis and understanding of these distortions and their adverse impact on policy process with specific reference to the goal of inclusive growth,and to analyze and understand the link between policy formulations and politics in the wider perspective on the political economy of reforms, especially in the context of
electoral politics in India. Keywords: Policy Formulation, Electoral Politics, Political Economy of Liberal Reforms, India.- Reproduced
https://www.jstor.org/stable/26575677
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
|---|---|---|---|---|---|---|
Articles
|
Indian Institute of Public Administration | 77(1), Jan-Mar, 2016: p.137-142 | Available | AR132787 |
There is a need to study the political economy of reforms in India and the complex inter-linkages therein, especially in the context of the political dynamics of coalition governments and the compulsions of electoral politics.Policy formulation and implementation in India which has been aimed at inclusive
growth in the post-liberalization period (after 1990), and especially since 2000, appears to have failed to produce the desired results due to the adverse effect of politics. This paper attempts to analyze the strong linkage between politics and economics in the context of Indian political economy. In the history of Independent democratic India policy formulation has been motivated and shaped by political factors, especially by compulsions of electoral and coalition politics. The linkage between politics and economics leads to policy distortions, and economic policies have their intended results diluted. Past researches reveal that politics has a strong negative impact on economics (especially on the aspect
of policy formulation and implementation) in India. It is imperative to focus on the analysis and understanding of these distortions and their adverse impact on policy process with specific reference to the goal of inclusive growth,and to analyze and understand the link between policy formulations and politics in the wider perspective on the political economy of reforms, especially in the context of
electoral politics in India. Keywords: Policy Formulation, Electoral Politics, Political Economy of Liberal Reforms, India.- Reproduced
https://www.jstor.org/stable/26575677
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