The Indian economy has been through something of a roller-coaster ride since 2004. There was a period of boom in 2004. Then came the global crisis, a sharp deceleration in India’s growth rate and a waning of confidence about India’s economic prospects both at home and abroad.This collection of articles, written for The Economic Times and the Economic and Political Weekly, provides an intelligent – and often off-beat- analysis of events in the Indian economy as well as the world economy over the period 2004-2012. As the financial sector has been at the heart of the crisis, the Indian banking sector as well as international banking come in for close scrutiny. The book also takes in its stride developments in the Indian polity, and a range of issues relating to management and governance. Written in the readable and hard-hitting style for which the author is well-known, the book is at once a chronicle and a critique of a turbulent period for the Indian economy as well as the global economy.
