Why Growth Matters: How Economic Growth in India Reduced Poverty and the Lessons for Other Developing Countries

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"The authors' deep compassion for the poor, gimlet-eyed view of India's chequered economic past and genuine concern for its future shine through on every page. For the reader interested in the big policy questions facing the world's largest democracy-and, by extension, much of the rest of the developing world-"Why Growth Matters" is as good a place to start as any." -The Wall Street Journal

Jagdish Bhagwati is university professor of economics at Columbia, and a long time fellow at the Council on Foreign Relations. A native of India, Professor Bhagwati studied at Cambridge University, MIT, and Oxford before returning to India in 1961 as professor of economics at the Indian Statistical Institute. He is the author of many books, among them In defence of Globalization. Arvind Panagariya is Professor of Indian Economics at Columbia. He is a non-resident senior fellow at the Brookings Institution. He has been the chief economist of the Asian Development Bank and a professor of economics and co-director, centre for International Economics, University of Maryland at College Park. He is the author of, among other books, India: The Emerging Giant.