{"product_id":"law-and-the-economy-in-tirthankar-roy-9780226799001","title":"Law and the Economy in a Young Democracy: India 1947 and Beyond","description":"\u003cb\u003eAn essential history of India's economic growth since 1947, including the legal reforms that have shaped the country in the shadow of colonial rule.\u003c\/b\u003e \u003cp\u003e\u003c\/p\u003e Economists have long lamented how the inefficiency of India's legal system undermines the country's economic capacity. How has this come to be? The prevailing explanation is that the postcolonial legal system is understaffed and under-resourced, making adjudication and contract enforcement slow and costly. \u003cp\u003e\u003c\/p\u003e Taking this as given, \u003ci\u003eLaw and the Economy in a Young Democracy \u003c\/i\u003eexamines the contents and historical antecedents of these laws, including how they have stifled economic development. Economists Roy and Swamy argue that legal evolution in independent India has been shaped by three factors: the desire to reduce inequality and poverty; the suspicion that market activity, both domestic and international, can be detrimental to these goals; and the strengthening of Indian democracy over time, giving voice to a growing fraction of society, including the poor. \u003cp\u003e\u003c\/p\u003e Weaving the story of India's heralded economic transformation with its social and political history, Roy and Swamy show how inadequate legal infrastructure has been a key impediment to the country's economic growth during the last century. A stirring and authoritative history of a nation rife with contradictions, \u003ci\u003eLaw and the Economy in a Young Democracy \u003c\/i\u003eis essential reading for anyone seeking to understand India's current crossroads--and the factors that may keep its dreams unrealized.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Tirthankar Roy, Anand V. Swamy\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 022679900X\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9780226799001\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e University of Chicago Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 02\/08\/2022\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 272\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.20lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.10h x 6.00w x 1.00d\u003cbr\u003e\u003cbr\u003e\u003cb\u003eReview Citation(s): \u003c\/b\u003e\u003cbr\u003e\u003ci\u003eChoice\u003c\/i\u003e 11\/01\/2022","brand":"Tirthankar Roy","offers":[{"title":"Hardcover","offer_id":43982692090111,"sku":"9780226799001","price":45.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_c68bbac4-a004-4a19-a08c-2e80e85762c1.jpg?v=1683262536","url":"https:\/\/www.whiterainbookhouse.com\/products\/law-and-the-economy-in-tirthankar-roy-9780226799001","provider":"WR Book House","version":"1.0","type":"link"}