Federalism without a Centre : The Impact of Political and Economic Reform on India's Federal System

Rating:
Summary: Detailed and Insightful - and ahead of its time
Review:
Professor Saez has written a valuable addition to the political economy literature. Despite being written in the early 2000s, it has relevance in the mid-2000s as India's new generation of economic reforms yield the fruit of robust GDP growth.

The analysis of FDI and foreign portfolio investment is is a first, and should be useful to both political scientists and students of India's economy.

The comparison of reforms with those in China is particularly valuable, as both of these emerging economic giants are presently transforming many sectors of the world ecomomy, from high-tech manufacturing to high-end services outsourcing.

For students of economics and political science, this book demonstrates the connections between the two fields - in practice. For business and finance students, this book provides a solid grounding in some of the roots of India's dynamic economic growth today.