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A Discursive Dominance Theory of Economic Reform Sustainability: The Case of India

Author

Listed:
  • Sharma, Chanchal Kumar
Abstract
This article hypothesizes that economic reforms become sustainable when the discursive conditions prevailing in society tip against the existing paradigm under exceptional circumstances. Thus, unless the pro-liberalization constituencies dominate the development discourse, economic reforms, initiated under the exigencies of crisis and conditionalities, or carried out by a convinced executive with or without the stimulus of a crisis, will be reversed. The discursive conditions are determined based on eight factors: the dominant view of international intellectuals, illustrative country cases, executive orientations, political will, the degree and the perceived causes of economic crisis, attitudes on the part of donor agencies, and the perceived outcomes of economic reforms. The paper seeks to prove this “discursive dominance” hypothesis for the Indian case through a cross-temporal, comparative review of the evolution of economic policy in India over six different phases.

Suggested Citation

  • Sharma, Chanchal Kumar, 2008. "A Discursive Dominance Theory of Economic Reform Sustainability: The Case of India," MPRA Paper 31001, University Library of Munich, Germany, revised 2010.
    • Handle: RePEc:pra:mprapa:31001
    as

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    File URL: https://mpra.ub.uni-muenchen.de/31001/1/MPRA_paper_31001.pdf
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    References listed on IDEAS

    as
    1. Thomas, John W. & Grindle, Merilee S., 1990. "After the decision: Implementing policy reforms in developing countries," World Development, Elsevier, vol. 18(8), pages 1163-1181, August.
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    Cited by:

    1. Sharma, Chanchal Kumar, 2015. "Re-imagining Federalism in India: Exploring the Frontiers of Collaborative Federal Architecture," MPRA Paper 64325, University Library of Munich, Germany, revised 14 Feb 2015.
    2. Sharma, Chanchal Kumar, 2014. "Governance,Governmentality and Governability: Constraints and Possibilities of Decentralization in South Asia," MPRA Paper 61349, University Library of Munich, Germany, revised 15 Jan 2015.

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    More about this item

    Keywords

    India; Economic reforms; discursive conditions; discursive dominance;
    All these keywords.

    JEL classification:

    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • P00 - Political Economy and Comparative Economic Systems - - General - - - General
    • P21 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Planning, Coordination, and Reform
    • P3 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions
    • H83 - Public Economics - - Miscellaneous Issues - - - Public Administration
    • E00 - Macroeconomics and Monetary Economics - - General - - - General
    • A10 - General Economics and Teaching - - General Economics - - - General

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