Continuing Reforms in the Era of Coalition Politics

Suresh D. Tendulkar and T.A. Bhavani

in Understanding Reforms

Published in print August 2012 | ISBN: 9780198085584
Published online September 2012 | e-ISBN: 9780199082087 | DOI:
Continuing Reforms in the Era of Coalition Politics

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This chapter addresses some speculative suggestions about the sustainability and ownership of reforms. The critical role of the emergence of regional parties in national politics with neutral economic ideology is considered. The Congress Party and the Bharatiya Janata Party (BJP) took the imperative need for a rapid double-digit growth in their 2004 election manifestos,and the associated need for attracting private foreign investment to supplement domestic savings, along with the necessity to upgrade the technological base towards international competitiveness. As long as the instrumental role of rapid growth for classifying distributional conflicts in an orderly fashion is discerned by all the political parties in the coalition game, the reform process is bound to continue.

Keywords: reforms; regional parties; coalition politics; national politics; political power; Congress Party; Bharatiya Janata Party (BJP)

Chapter.  5546 words. 

Subjects: Economic Development and Growth

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