Mass Flourishing and Corporatism: Two Indian Stories

P. G. Babu ()
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P. G. Babu: Indira Gandhi Institute of Development Research

Homo Oeconomicus: Journal of Behavioral and Institutional Economics, 2016, vol. 33, issue 1, No 8, 43-49

Abstract: Abstract This paper examines Phelps’ notions of ‘corporatism’ and ‘flourishing’ from the point of view of India’s growth experience since independence in 1947 up to 1990s when economic reform was initiated. It looks at two pre-reform Indian stories, those of agriculture sector and industrial sector, which provide a developing country color to Phelps’ analysis.

Keywords: Corporatism; Flourishing; India (search for similar items in EconPapers)
JEL-codes: B31 L52 O53 Q18 (search for similar items in EconPapers)
Date: 2016
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DOI: 10.1007/s41412-016-0014-3

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